AUGUST 26, 2015 LAST UPDATED: WEDNESDAY, AUGUST 26, 2015, 10:10 AM
BY MARK KRULISH
STAFF WRITER |
THE RIDGEWOOD NEWS
The village is moving forward with a financial feasibility study for a possible parking structure to be built at the Hudson Street lot while officials wait for responses to the request for proposal (RFP) put out seeking a building design.
The study will determine the levels of expected revenue as well as the cost of a new parking garage, said Village Manager Roberta Sonenfeld at the Aug. 12 council meeting.
Included in the analysis will be proposed parking rate schedules for Hudson Street as well as the other village lots and on-street meters, projections for daily and annual income, debt service, cost and operations.
Sonenfeld said the village received proposals from three different firms. After a discussion with the steering committee, there was a recommendation to go with the proposal from New York-based Walker Parking Consultants, the same firm that performed the study to determine whether or not the garage should be automated or self-park.
A resolution to award a contract for the professional parking services was unanimously passed on Aug. 12. The amount in the contract is not to exceed $18,500 with expenses not to exceed $1,000, which will be expended from the $500,000 bond ordinance adopted in July.
https://www.northjersey.com/news/firm-to-review-parking-finances-1.1398423
