RESOLUTION NO. 129-02

A RESOLUTION AMENDING RESOLUTION NUMBER 71-01 THAT ESTABLISHED NEW PARKING FINES AND FEES FOR THE CITY OF GRAND JUNCTION, BY PROVIDING FOR A CHANGE IN THE 4 HOUR METER RATES.

Recitals:

The City of Grand Junction approved new fines and fees for the parking system on July 18, 2001 to become effective January 1, 2002. This resolution will create a change in 4 hour meter rates from 10 cents per hour to 50 cents per hour, and classify them as short-term rather than long-term parking.

The DDA Board of Directors is recommending this change, as the rate change would serve as a tool to sustain the short-term mind set with the 50 cent per hour rate, while providing an opportunity for shoppers to linger downtown and dine without distraction after paying the meter. The DDA has requested that the 3^rd and Main lot with 40 spaces be changed from 2 hour meters to 4 hour meters at the new per hour rates of 50 cents like the current 2 hour rates. The impact on the 46 other spaces in the lot at 400 Colorado, on 5th by the Museum and one in front of Qwest on Ninth should be minimal.

NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, COLORADO that:

A meter rate change be authorized for all 4 hour meters, from 10 cents per hour to 50 cents per hour, and that the 4 hour meters now be classified as short-term parking rather than long-term parking effective January 1, 2003.

 PASSED and ADOPTED this 18^th day of December 2002.

             /s/: Cindy Enos-Martinez

             President of the Council

ATTEST:

/s/: Stephanie Tuin

City Clerk