Town of Chapel Hill North Carolina Executive Summary
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NORTH CAROLINA


EXECUTIVE SUMMARY

Meeting Date: 3/25/2013
AGENDA #6


Title of Agenda Item: Presentation: Chapel Hill Transit Pay for Park and Ride.  (R-5)

Council Goal: Focus on Economic Development, Land Use, and Transportation for a Balanced and Sustainable Future

Background: On January 28, 2013, Council received a presentation on the FY2013-14 Chapel Hill Transit (CHT) budget which included a proposal to implement a fee structure, effective August 15, 2013, at park and rides lots managed and operated by CHT. The purpose of this presentation is to provide responses to questions from the January 28, 2013 meeting and request that Council consider adopting an amendment to the user fee policies and schedules to include a fee structure for the use of park and ride lots managed and operate by CHT. The CHT Public Transit Committee has endorsed this proposal and confirmed their support at their March 19, 2013 meeting.

Fiscal Note: Establishment of a pay for park and ride fee could generate revenues in the amount of $150,000 annually (net) to help sustain the operation of the transit system.

Recommendations: That the Council receive this presentation and adopt the resolution amending the user fee policies and schedules, effective August 15, 2013, to include a rate structure for park and ride lots managed and operated by Chapel Hill Transit.


ATTACHMENTS:
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Staff Memorandum
Resolution