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Council divides on proposed long‑term parking agreement for Black Lot; no consensus at workshop
Summary
Staff recommended awarding a parking‑management contract for the Black Lot to Vi Resorts LLC with a $500,000 annual guaranteed payment; councilmembers split over key contract terms including the long potential term (up to 45 years), termination/buyout provisions and whether the city is getting adequate revenue, and the council did not reach consensus at the workshop.
City staff presented an evaluation of proposals for long‑term management of the city‑owned Black Lot near Westgate and the pedestrian underpass and recommended awarding RFP 25‑46 to Vi Resorts LLC; the council did not reach consensus at the workshop and asked for further work.
Levi Gibson, director of budget and finance, reviewed the city’s investments in parking infrastructure and the Black Lot’s construction cost: staff said the city spent approximately $27.2 million on the Black Lot (including a pedestrian passageway estimated at $3.5 million and a $1.0 million water line). To date the lot had generated no material parking revenue for the city, Gibson said, and the city has borne annual maintenance costs (sweeping, lighting, striping, utilities) for the asset.
Staff’s RFP sought a parking operator that could both manage daily operations and align with the Westgate/Vi Resort customer experience while complying with a parking settlement agreement that excludes vendor…
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