Originally Posted by Reds Freak
Just a point of clarification...the city is not proposing to sell the parking system, it is a lease. I really think the number of people who won't come downtown because you have to feed the meters for a few more hours will never come downtown anyway and not the people the city should be focused on. The garages and privately-owned parking lots will not be impacted at all from what I understand.
Additionally, the cash infusion is going to help balance the budget, develop a 30-story apartment tower and grocer downtown, and jumpstart the MLK interchange, creating jobs and economic development in the neighborhoods around the University and the hospitals. All things that increase the tax base.
--Yes it is a lease...a 50 yr lease. A long, long time. When you lease something, it's basically yours as long as the lease goes
--Right now when I go to a Reds game, I park on the street for free. I don't know that I'll have that option anymore if these meters stay on 'till 9pm. This is another tax I'll have to pay
--I believe Fountain Square is one of the garages that'll be impacted. It's the city garages that currently have cheap parking such as $1 for the first hr or whatever. It's not good for businesses to lose that perk. That's something that was started in order to help downtown businesses. If that was done to help bring folks downtown then it doesn't make sense to now say that "these are not the people the city should be focused on".
--This really hurts folks who live downtown and will now have to buy garage passes or something in order to park their cars. They've currently enjoyed the free parking after they get off work
--There's no telling if the MLK interchange or the 4th St project will ever happen because they rely on much more than this money in order to happen.
--This deal also includes extra "flush money" that the city can witter away and you bet they'll do exactly that. You don't want to give those idiots on city council drunked sailor money
My point is this: If you want to raise revenue by increasing parking costs, fine. Do it but do it openly. Don't sell it off. If this goes to a vote, it'll go down in flames.