Title
Approval of a Valet Parking Agreement between the City of Roswell and Patterson Parking, Inc.
Presented by Alice Wakefield, Director of Community Development
Body
Item Summary:
The valet parking agreement between the City of Roswell and Patterson Parking, Inc. provides for valet parking Monday through Sunday starting at 5:00 p.m. each day for city spaces on Mimosa Blvd. Extension and East Alley. The City would receive 60% on net revenue under the agreement. The term of the agreement is one year with the option to renew for an additional year.
Committee or Staff Recommendation:
On July 25, 2012 the Community Development and Transportation Committee recommended placing this Item on the July 30, 2012 Special Called Mayor and Council Agenda.
Financial Impact:
The City of Roswell will receive 60% of the net Valet parking revenue collected each month, due and payable on the 15th of the month following.
Presented by:
Alice Wakefield, Director of Community Development