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Council reviews OVG Parking contract for Claiborne Street garage; questions about Corps revenue and rates
Summary
Council members pressed staff about whether OVG Parking LLC’s 2% net‑profit calculation will include revenue from the Corps of Engineers and about protections on monthly parking rates as the council considers a management agreement for the Claiborne Street garage.
City staff introduced a proposed agreement with OVG Parking LLC to operate and manage the Claiborne Street parking garage, saying the contract would centralize monthly parkers and outside agreements under OVG’s management.
At the meeting, Councilman Reynolds raised concerns about how OVG’s 2% net‑profit fee will be calculated and whether it will include revenue the city receives from the U.S. Army Corps of Engineers. “In their calculation…
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