In­creased park­ing rates, fines for down­town

The Peterborough Examiner - - FRONT PAGE - JOELLE KOVACH EX­AM­INER STAFF WRITER JKo­vach@postmedia.com

The city will need 750 new park­ing spots down­town by 2027 if it wants to make up for spa­ces that will be swal­lowed up by de­vel­op­ment – and that’s likely to mean an in­crease in park­ing fees and fines.

On Tues­day night at City Hall, coun­cil will vote a fi­nal time on its plan to hike the cost of park­ing.

Start­ing Jan. 1, a park­ing ticket for an ex­pired me­ter or for over­time park­ing at a pay-and-dis­play could cost $25 in­stead of the cur­rent $15. Fur­ther­more, park­ing for an hour would cost $1.25 in­stead of $1.

Coun­cil­lors gave the plan pre­lim­i­nary ap­proval last week; the fi­nal vote is on Tues­day.

The idea is to help the city come up with the money to keep enough park­ing down­town. Coun­cil­lors heard from city staff last week that roughly 750 park­ing spa­ces will be lost to de­vel­op­ment, over the next decade.

A new ur­ban park will soon be built over the Louis St. park­ing lot, for ex­am­ple.

Mean­while, coun­cil­lors have yet to de­cide whether they will give half the Brock St. park­ing lot to Atria De­vel­op­ment, which wants to use the space for ten­ant park­ing as it con­verts the for­mer YMCA into the high-end Y Lofts.

There’s also a plan to de­velop Bethune St. into a lin­ear park, com­plete with out­door cafes and cy­cling routes; that would mean no more driv­ing on the street, and no more street park­ing there.

Adding an­other storey to the King St. park­ing garage is one idea staff would like to consider, but it’s pricey at $30 mil­lion.

That cost could bal­loon to $46 mil­lion if con­struc­tion is put off un­til 2027, states a new city staff re­port.

With just $1.4 mil­lion in the city re­serves meant for park­ing, coun­cil is look­ing for new ways to raise money: hence the pro­posed in­crease in park­ing fines and fees.

The coun­cil meet­ing is on Tues­day this week in­stead of Mon­day (City Hall was closed Mon­day for Re­mem­brance Day).

The Ex­am­iner’s web­site had livestream­ing, tweets and blog­ging from the meet­ing. It be­gins at 6:30 p.m.

NOTE: See more city coun­cil cov­er­age on Pages A2 and C1.

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