ACTION REQUESTED:
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Communication from the City Manager and the Director of Public Works with a Request to APPROVE and Authorize an INTERGOVERNMENTAL AGREEMENT with the ILLINOIS DEPARTMENT OF TRANSPORTATION (IDOT) for 60 Monthly Parking Spaces in a City-Owned Parking Facility.
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BACKGROUND: In 2011 the State of Illinois Central Management Services modified the terms of its lease for the IDOT office space in the Becker Building, located in downtown Peoria. The modified lease agreement eliminated IDOT occupancy of the 6th floor of the Becker Building, allowing other state agencies to move into that space. Under the final terms of their lease arrangement, IDOT was limited to 55 parking spaces in the Becker Building parking deck, which left them 42 spaces short of their parking needs.
As a result of the changes in the lease, IDOT asked the City to provide 42 parking spaces for its use in city-owned facilities, specifically the Niagara Parking Deck. IDOT previously had use of 110 total monthly permits and vouchers (stamped parking tags) in the city-owned Twin Towers Parking Deck, as per a previous agreement, so this would increase their number of City permits to 162.
On April 8, 2013, after several iterations of negotiations, City Council approved an intergovernmental agreement with IDOT for 42 parking spaces in the city-owned Niagara Parking Deck (Item #13-148). This agreement required IDOT to pay the current rate for the 42 parking spaces in the Niagara Parking Deck, or $35,280 per year, paid monthly in the amount of $2940. The terms of this agreement were for one year from July 1, 2012 to June 30, 2013, with renewal options for four (4) additional years. This agreement expired at the end of June 2017.
As the 2013 Intergovernmental Agreement IDOT neared the 2017 expiration date, IDOT approached the City concerning their growing parking needs. At this time, IDOT is requesting 60 parking spaces, up from 42, for their downtown staff, and are i...
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