Explanation
1. BACKGROUND
The Department of Public Service requests to establish a parking benefit district (PBD) in the Downtown per the requirements in Columbus City Code 2155.13. A PBD is one part of a parking management plan to improve parking availability and encourage the use of alternate forms of transportation within the defined area. The creation of a PBD will create a funding source to improve the neighborhood and enhance mobility options for residents, employees, and visitors to the area.
The Downtown PBD area is bounded on the north by the centerline of Interstate 670, bounded to the east by I-71, bounded to the south by I-70/I-71, and bounded to the west by the Olentangy River north of the confluence of the Olentangy and Scioto Rivers to Interstate 670 and the Scioto River from the confluence of the Olentangy and Scioto Rivers to I-70. Exempted from this area and not included in this designation is the area south of Interstate 670 bounded to the west by Park Street from Interstate 670 to Convention Center Drive (but not including any parking on Park Street along this boundary); bounded to the south by Convention Center Drive from Park Street to North Third Street (but not including any parking on Convention Center Drive along this boundary); bounded to the east by North Third Street from Convention Center Drive to Interstate 670 (but not including any parking on North Third Street along this boundary); and to the north by Interstate 670 from Park Street to North Third Street. Such boundaries are as shown on the attached Exhibit A.
One hundred percent (100%) of the revenue generated from single space and/or multi-space parking meters and/or mobile payment only parking zones, after financial obligations to the City’s general fund, administrative, reserve, and operational costs have been paid, will be disbursed to the PBD subject to the rules and regulations promulgated by the Public Service Director. Parking citation revenue, other revenue, and...
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