Explanation
Background: The purpose of this legislation is to formalize an agreement made by and between the Public Service Department and Easton Communities, LLC, an Ohio Limited Liability Corporation, (hereinafter "Developer"), for establishing and operating a residential parking permit area for the Easton Commons Apartment Complex, (hereinafter "Commons"). In order to provide sufficient parking spaces for their apartment and condominium housing in the Commons, the Developer must have on-street parking. The Public Service Department desires to establish a residential parking permit area that will facilitate parking for residents and their guests at the Commons by excluding parking by employees and customers of the Easton Town Center shopping center. The permit area has been identified as the east side of Alston Street (now known as Easton Loop West) between Easton Commons and Easton Way; the west side of Leaf Lane (now known as Chagrin Drive) between Easton Commons and Easton Way; and both sides of Easton Square Place between Easton Commons and Easton Way. The proposed agreement authorizes the Developer to purchase 150 residential parking permits from the City and resell them to their tenants at the Commons. The Developer must assume the cost of the fabrication of the permit parking signage, the cost of the poles upon which the signage is to be affixed and the cost of the installation of the signage by the Public Service Department, Transportation Division. The proposed agreement also requires the Developer to assume all costs of enforcement of the 24 hour permit parking by engaging the appropriate personnel (off-duty police officers, tow trucks, etc) and relieves the Parking Violations Bureau of the responsibility and associated costs of monitoring this area.
Fiscal Impact: None. The Developer will reimburse the Transportation Division for all costs associated with the fabrication and placement of the permit parking signs and for the full cost of ...
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