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FL4 <br />4 <br />OF 50A A <br />TO: <br />VIA: <br />FROM: <br />DATE: <br />RE: <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />MEMORANDUM <br />Honorable Mayor and City Commissioners <br />Stan Morris, City Manager <br />Julio Davila, Code Compliance Manager <br />June 20, 2024 <br />Metered Parking Rate Increase <br />RECOMMENDATION: <br />Staff recommends approval of this Resolution. <br />REASONS: <br />The purpose of this Resolution is to replace and update the repealed code of ordinance Sections 256-13 <br />which previously set metered parking rates within the City and allow any future updates to be set by <br />Resolution. <br />The last increase to the City's parking meter rates was adopted nearly nine years ago, on November 19, <br />2015. Since then, there has been an increase in the expenses related to the modernization and <br />maintenance of parking areas. The rise in inflation has made it more expensive to maintain and enforce <br />the city's parking lots. The modernization of the lots for resident convenience and enforcement <br />efficiency has also added to the higher costs. While these changes have taken place, the City of Sunny <br />Isles Beach has remained charging a low rate, even when compared to neighboring beachfront <br />municipalities. <br />To combat the higher expenses and keep up with the latest technology for the benefit of all , a $2.00 <br />hourly parking rate increase is being proposed for all city operated parking lots and garages. Residents <br />who use the PayByPhone application and have obtained a City of Sunny Isles Beach Resident ID Card, <br />will be eligible to register their vehicles for a $2.00 / hour discounted rate at all metered parking within <br />the City, resulting in a net zero financial impact to our residents. <br />The City currently charges $2.00 per hour in the parking garages and non beachside lots, and $3.00 in its <br />Item Number: 10.A <br />V& <br />