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Council approves McKay parking-meter contract citing lower costs, faster payback
Summary
Council approved a McKay parking-meter system, with staff projecting a one‑year payback and about $160,000 five‑year savings compared with a prior vendor; installation could be complete by January and the system will support card and plate/pay options.
Council approved a contract with McKay for a new parking‑meter system after staff presented a cost comparison showing lower per‑unit equipment cost ($3,500 vs. more than $10,000 per unit for the previously approved vendor) and estimated five‑year savings of about $160,000.
Staff said the system includes standard pay-by-plate and mobile-pay options, supports international plate recognition, and offers a two‑year standard warranty. The proposal also projected a one-year payback under conservative utilization assumptions and estimated higher revenue capture if existing nonworking meters are replaced. Council approved the motion unanimously and asked staff for schedule details; staff estimated a 30‑day PO to vendor and a 2–3 month installation timeline with full rollout by January.
