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IV.3. Resolution Amending Fees in Appendix A of the Hopkins City Code; BishopOctober 20, 2020 Council Report 2020-079 Resolution Amending Fees in Appendix A of the Hopkins City Code Proposed Action. Staff recommends that the Council approve the following motion: Move to approve Resolution 2020-054 Amending Fees in Appendix A of the Hopkins City Code. Overview: The common fees for all City departments are adopted by resolution and included in the City Code. The parking rates have been reviewed and increases are being recommended for 2021 permits. Sales tax will be added to all fees. Parking Permits 2020 Rate 2021 Rate Increase Annual $288 $296 2.78% Quarterly $88 $90 2.27% Monthly $37 $38 2.70% Daily $3 $3 No change Overnight/Residential $40 $40 No change Electric Car – Annual $384 $395 2.86% Electric Car - Quarterly $110 $113 2.73% The proposed fee changes more accurately reflect the City’s costs for issuing and administering parking permit fees. An increase in the parking permit rates will also help offset the rising cost of maintenance and enforcement of the city owned municipal lots and the municipal ramp. Supporting Information: -Resolution 2020-054 ________________________________________ Nick Bishop Finance Director CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2020-054 AMENDING FEES IN APPENDIX A IN THE HOPKINS CITY CODE WHEREAS, the City of Hopkins annually reviews Appendix A of the Hopkins City Code in order to establish logical and defensible fees: and WHEREAS, the City of Hopkins has found certain fees and rates in need of adjustments Appendix A – Parking Fees Annual Permit $296 Quarterly Permit $90 Monthly Permit $38 Daily Permit $3 Overnight/Residential $40 Electric Car Annual Permit $395 Electric Car Quarterly Permit $113 NOW THEREFORE BE IT RESOLVED, by the City Council of City Hopkins that it adopts the fee adjustments as outlined above effective January 1, 2021. Adopted by the City Council of the City of Hopkins this 20th day of October, 2020. By:___________________________ Jason Gadd, Mayor ATTEST: _______________________________ Amy Domeier, City Clerk