Here’s some other “simple economics”
Parking deck can’t possibly pay for itself.
Will require subsidy from taxpayers for years and years.
Meter rates will rise and infuriate shoppers and store owners.
Meter times will expand and infuriate shoppers and store owners.
None of that seems to matter. The garage is going to be built.
If there are empty spots in the deck, which will almost certainly be the case, they should be rented to commuters for the highest amount the market will bear. Then if parking in the deck becomes a problem, cut back on the out-of-towners permits.
Until then, out-of-towners permits will mitigate the pending financial disaster..
