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HomeMy WebLinkAbout5B1 Budget Request (East Bank Parking Study)Redevelopment Commission Agenda Item DATE: 9/23/21 FROM: Jitin Kain, PW SUBJECT: Budget Request (East Bank Parking Study ) Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. Purpose of Request: With the increase in development activity in the East Bank neighborhood, on-street parking is seeing higher utilization. Currently, on-street parking in the East Bank is unrestricted which leads many to park their vehicles all day on the street. This further creates an issue for retailers who can benefit from better turnover rates. A study of current parking conditions and utilization will help assign appropriate parking restrictions in the East Bank area. Public Works requests a budget approval of $17,500 to enter into a professional services agreement with Rich & Associates to conduct the study. INTERNAL USE ONLY: Project ID: PROJ ; Total Amount – New Project Budget Appropriation $17,500; Total Amount – Existing Project Budget Change (increase or decrease) $_______________; Funding Limits: Engineering: $__________________; Other Prof Serv Amt $_______________; Acquisition of Land/Bldg (circle one) Amt: $___________; Street Const Amt $________________; Building Imp Amt $_________; Sewers Amt $_________; Other (specify) Amt $ ________________ _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION