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Downtown Parking Board approves midyear financial report and Westbank permit request, rejects a 40‑space agreement for First/I‑280 site

5717593 · September 4, 2025
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Summary

Parking Division staff presented a midyear financial activity and capital update; the board voted to approve the midyear financial report and capital items, denied a proposed 40‑space permit agreement for one developer’s 1st/I‑280 lot, and approved a 117‑space global permit for the Westbank conversion project.

Parking Division staff presented the Downtown Parking Board with a midyear financial activity report and capital program update and summarized revenue and expense performance through the fiscal midyear.

The staff presenter said midyear revenues were tracking slightly above budget and expenses were under budget, but overall revenues have not yet returned to pre‑pandemic levels. Staff said the department will present full year results at the board’s November meeting.

Key capital and program notes: staff reported ongoing garage elevator refurbishments and façade work at San Pedro Square (scheduled to be completed and prepared for artwork before February), a programed downtown parking inventory acquisition (including the Milligan Lot north of the arena), security‑related budgets and pending citywide camera procurements, and a USDOT‑funded smart/grant digitization pilot that is gathering data and may be eligible for a second‑stage federal grant.

Board actions and votes (Votes at a glance):

- Approve midyear financial activity report: motion to approve, seconded; board approved unanimously.

- Approve capital program adjustments and transfers noted in the midyear report: motion to approve, seconded; board approved unanimously.

- FA (First/I‑280) permit request: developer requested 40 monthly permits at the First/I‑280 lot (month‑to‑month) with option to expand as availability allows. The board voted to oppose providing the 40‑space agreement (motion to oppose carried). The decision reflected board concerns about using limited public parking that is relied upon for nearby businesses and event overflow.

- Westbank (old Bank of Italy) conversion request: Westbank requested 117 global permits (a permit that allows parking across multiple downtown garages). The board approved a multi‑year agreement for up to 117 permits; staff said the arrangement would provide access primarily at underused downtown garages (Second and Third Street garages were named as likely options). The board vote on the Westbank request was 5‑0 in favor.

Additional operational discussion: board members and staff discussed elevator vandalism and reliability in older garages, strategies to increase active uses and foot traffic to reduce vandalism, plans for facade work at San Pedro Square and minimizing offline parking during construction, and the Parking Division’s coordination with vendors and grant partners for the “curve digitization” pilot to capture utilization data by camera and integrate meter and pay‑by‑phone data.

Next step: staff will transmit the board’s recommendations and votes to city council as part of the project/permit review process and will return to the board with full year financial results at the November meeting.