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Hideout council authorizes mayor to finalize parking-management agreement with Interstate Parking Company
Summary
Council authorized the mayor to finish negotiations on a parking-management contract with Interstate Parking Company (Colorado) that uses a monthly fee/revenue-share model and requires exhibits (permit maps, designated stalls, signage); the contract includes a 60-day no-cause termination clause and will return for final exhibit approval.
The Hideout Town Council voted to authorize the mayor to finalize negotiations on a parking-management agreement with Interstate Parking Company (Colorado), directing staff to finalize required exhibits before execution.
Council reviewed a proposed three-year contract in which the vendor would manage enforcement and permit parking, provide monthly reconciliation, and be compensated either by 50% of revenue or a fixed monthly fee (the contract text referenced $2,429 as an example monthly fee). Council requested that the contract include clear exhibits: a map showing town-controlled roads versus HOA roads, designated permit stalls, a published fines schedule and enforcement procedures, an initial signage plan, and monthly reporting requirements.
Members emphasized the practical need for an enforcement mechanism in town and signaled support for a short no-cause termination window. Staff confirmed the draft includes a 60-day no-cause bilateral termination clause; council directed the mayor and staff to confirm that provision and to add any final insurance or performance exhibits. Several members asked for urgency in vendor responsiveness and asked staff to be persistent in follow-up with the vendor so final materials are ready by the next meeting.
Council moved, seconded, and approved the authorization to finalize the agreement; execution will proceed only after staff confirms exhibits and required maps (including a revised emergency-access map) are attached and published to the record.
