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Committee weighs parking benefit districts, non-lapsing funds and procurement reforms
Summary
Staff and council members discussed creating parking benefits districts and special non-lapsing funds to return meter revenue to commercial corridors, reforming procurement language to allow best-value contracting and design-build options, and removing minor-privilege approval requirements from the Board of Estimates.
The committee reviewed proposals that would change how the city directs certain revenues and manages procurement.
One proposal, offered in concept by Councilman Blanchard, would authorize parking benefits districts and create a special, non-lapsing fund to dedicate meter revenues to the commercial corridor where they are collected. Proponents said such a…
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