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City staff: Fourth Street parking garage needs waterproofing; $441,894 remains in TIFF bond fund
Summary
Parking Services and engineering estimate the five‑year‑old Fourth Street garage requires waterproofing and drainage repairs; staff said $441,894 remains in the 2019 TIFF revenue taxable bond proceeds to cover engineering and repairs, and bond counsel approved the use.
City Treasurer Jeff reported to the Redevelopment Commission on April 6 that the five‑year‑old Fourth Street parking garage requires preventative maintenance, targeted drainage repairs and waterproofing to extend service life.
Jeff explained that an assessment from Parking Services and CE Solutions recommends waterproofing heavily trafficked levels (levels…
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