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Santa Fe Might Raise Parking Rates

Posted by: Brenda Meyer
Thanks to: Brenda Meyer
27 April 2005 - 12:00pm

An advisory panel narrowly approved a measure that would increase downtown parking to pay for a new parking structure.

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"A proposal to raise parking rates and fines an average of 6.4 percent on July 1 is headed to City Council committees without a recommendation from the city's Parking Advisory Committee.

Parking Director Vincent Lopez said higher parking fees are needed help repay bonds to be floated for a planned $7 million underground parking structure in the city-owned rail yard, where a major redevelopment project is planned."

Full Story: To raise or not to raise? City Council to weigh higher parking costs
Source: Free New Mexican, April 25, 2005
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