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2016-074 Parking Permit Rate Increase CITY OF HOPKINS HENNEPIN COUNTY,MINNESOTA RESOLUTION 2016-074 PARKING PERMIT RATE INCREASE WHEREAS,the City of Hopkins has established Ordinance No. 91-1310,City Code section 1310.11 which defines parking permit rates and allows adoption of fees through council resolution,and, WHEREAS, it is estimated the present parking permit rates are not sufficient to cover operating and enforcement expenses over the next five years and will not provide sufficient funding for capital improvements to the municpal lot and parking ramp; NOW,THEREFORE,be it hereby resolved that the City Council of the City of Hopkins hereby sets the parking permit fees at the following rates: Parking Permits Electric Car Permits Annual $252 Annual $280 (no change) Quarterly $ 78 Quarterly $ 77 (no change) Monthly $ 33 Monthly not available Daily $ 3 (no change) Daily not available Overnight $ 30 EFFECTIVE DATE: The provisions of this resolution shall take effect January 1, 2017. Adopted by the City Council of the City of Hopkins,Minnesota,this 18t day of October 2016. Mollf Cummings,Mayor ATTEST: i Amy Domeier,City Clerk