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To be successful at this effort, the process will focus on working with downtown stakeholders to <br /> help define parking system goals and ultimately the final recommendations that will benefit the <br /> system and the downtown as a whole. Parking is a major component to a growing and vibrant <br /> downtown and it is recommended that a professional assessment is vital to improving the present <br /> and preparing for the future. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution. <br /> INPUT FROM OTHER SOURCES: Economic and Urban Development Department, <br /> Financial Management Department, Traffic and Parking Commission, City Centre Decatur. <br /> STAFF REFERENCE: Richard G. Marley, Public Works Director and Matt Newell, City <br /> Engineer. Richard Marley will be in attendance at the City Council meeting to answer any <br /> questions of the Council on this item. <br /> BUDGET/TIME IMPLICATIONS: <br /> Budget Impact: Funding for this work is allocated in the City's Capital Improvement Plan and <br /> will be provided from the General Capital Fund. The fee for the Parking Garage Assessment is <br /> not to exceed $27,300. The fee for the Parking System Assessment is not to exceed $75,700. <br /> Both projects have a combined fee of$103,000. The Capital Improvement Plan has allocated <br /> $70,000 for this work. An additional $33,000 in Capital Improvement Funds to pay the balance <br /> of project costs can be provided through cost reductions in other projects, or by reducing the <br /> fund balance. <br /> Staffing Impact: The Capital Improvement Plan has allocated stafftime for managing the <br /> Project. <br /> This Memorandum was prepared by Matthew C. Newell, P.E., City Engineer. <br /> Attach: 5 <br /> cc: John Smith, Assistant City Manager for Public Services <br /> Greg Crowe, Assistant City Manager for Economic&Urban Development <br /> Ron Neufeld, Director of Finance <br /> Jerry Nihiser, Traffic & Parking Supervisor <br /> Carl Walker, Inc. <br /> Page � 3 <br />