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Label:
City Code Section
- The City Administrator may set parking rates at City-owned Parking Garages without first returning to the City Council, subject to the following provisions:
- A. The City Council will set the hourly parking rate for the first four hours at all City Parking Garages.
- B. The City Administrator may set different parking rates at different locations and may consider the following factors when setting parking rates:
- 1. Rate changes may reflect an amount intended to reach a desired occupancy rate in each location;
- 2. Rate changes may reflect the annual consumer price index (CPI) for inflation in the Portland Metropolitan Area;
- 3. Rate changes may reflect market conditions in the Portland Central City;
- 4. Rate changes may accommodate specific site characteristics and seasonal events; and
- 5. Rate changes may reflect parking conditions, including without limitation the availability and desirability of reserved and non-reserved parking spaces.
- C. Parking rates may not exceed the following rate maximums without Council approval:
- 1. Weekday daily maximum: $40
- 2. Weekday evening maximum: $20
- 3. Weekend daily maximum: $30
- 4. Weekend evening maximum: $15
- 5. Monthly general access: $400
- 6. Monthly reserved: $450
- 7. Monthly carpool: $300
- 8. Monthly motorcycle: $250
- 9. Event maximum: $50