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Old Posted Apr 14, 2012, 6:05 AM
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BrianSac BrianSac is offline
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Quote:
Originally Posted by wburg View Post
No, I meant more like San Francisco's parking authority program, or the one in Pasadena:

http://shoup.bol.ucla.edu/SmallChange.pdf

The money from parking is reinvested directly into the neighborhood: streetscape improvement, street/sidewalk cleaning, street lights, security, and other things that make a neighborhood more pleasant to park in, and to live in. It can also mean things like San Francisco's smartphone app that directs you to available street parking spots, because there are sensors in each street parking space.

I'm NOT talking about a long-term parking lease, that has always been and still is a bad idea, or floating a bond based on future parking revenue, which is still an even worse idea. But it did raise the idea of a central city parking authority model, which is worth pursuing as a way to better utilize, and potentially increase, parking revenue.
No parking funds should go to any redevelopment.
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