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ORDINANCE NO. ~ ~ ~-~.~ <br />AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA, APPROVING RATES TO BE CHARGED AT MUNICIPALLY <br />OWNED OR OPERATED PARHING LOTS <br />STATEMENT OF PURPOSE AND INTENT <br />Indiana Code, Section 36-9-11-7 authorizes the Board of Public Works subject to <br />Common Council approval, to fix reasonable rates for a municipally owned off-street <br />"parking facility" which includes a "lot owned, leased, or operated by the City." (South <br />Bend Municipal Code § 20-2(18). <br />On July 1 1, 2005, the South Bend Board of Public Works held a public hearing <br />and, in Resolution No. 49-2005, established rates for the parking of vehicles on City <br />operated lots. The parking lot rates established by the Board of Public Works are <br />reasonable and designed to bring in revenue sufficient to cover the cost of providing and <br />operating these facilities. <br />NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of <br />South Bend as follows: <br />Section I. The following daily rates which were established by the Board of <br />Public Works on July 11, 2005 in Resolution no. 49-2005 are approved and shall be <br />charged for the parking of vehicles on City owned or operated lots: <br />(a) $3.25 per day for the lot located at 225 South Main Street <br />(b) $5.00 per day for the lot located at 121 South St Joseph Street <br />No in/out privileges will apply; an honor box system shall be used at both lots. <br />Section II. Nothing herein shall affect the rights and liabilities accrued prior to <br />the effective date of this Ordinance. <br />Section III. The rates established in this Ordinance are reasonable and designed <br />to bring in revenue sufficient to cover the cost of providing and operating these facilities. <br />Section IV. This Ordinance shall be in full force and effect from and after the <br />time it has been adopted by the Common Council and approval by the Mayor. <br />