Cincinnati’s City Manager has laid out a plan to let a public/private partnership lease and operate some the city’s parking garages and all the city’s parking meters. Now City Council has to decide whether to approve it. The city would partner with the Greater Cincinnati Port Authority and four other companies to operate the system. City Manager Milton Dohoney, Jr. addressed the issue of parking rate Tuesday during a presentation to Council’s Budget and Finance Committee.
The full Cincinnati Council has formally approved the 2013 city budget.
Most of the votes were 6-3…with Qualls, Young, Quinlivan, Seelbach, Simpson and Thomas voting yes and Sittenfeld, Smitherman and Winburn voting no.
Council didn’t vote Friday to approve leasing the operation of some city parking facilities to a private company.
The full Cincinnati Council will vote Friday on the nearly 20 documents needed to adopt the city's 2013 budget. The Budget and Finance Committee Thursday approved the framework for the spending plan. It takes the city manager's recommended budget and makes some ten changes to it.
Cincinnati's City Manager released more details Tuesday about 8 of the 9 companies that submitted proposals to operate some of the city's parking facilities.
Milton Dohoney, Jr. said in a memo 3 of the firms are offering an upfront payment ranging from $100 to $150 million plus revenue sharing provisions.
Cincinnati Council will spend the rest of the week completing work on the 2013 city budget.
About 40 people spoke during the final public hearing Monday night in Corryville.
There were again a number of speakers who asked Council to preserve funding for Media Bridges. It operates several cable-access channels and a small radio station in the city.
Executive Director Tom Bishop said turnout for the group should show Council Members the value of the service.