Cincinnati is officially leasing its parking meters, lots and garages to the Greater Cincinnati Port Authority. The agency announced today that it had signed a lease agreement with the city, putting an end to a four-day controversy over whether the Port would sign the lease to begin with.
The Port will now move forward with establishing contracts with the four private companies it will use to operate and upgrade the city's parking assets.
What remains unclear is whether the Port actually worked out the problems that supposedly delayed the lease's signing. The Cincinnati Enquirer originally reported that the Port wouldn't sign the lease until it got a financial guarantee from the city that the local government would not cut future funds to the agency.
City Council had considered cutting $100,000 out of $700,000 in annual funds to the Port as part of broader cuts to outside agencies in the fiscal year 2014 budget, but the cut to the Port was ultimately eliminated.
Port spokesperson Gail Paul said she doesn't know whether the issue is under review, but she pointed out the agreement isn't supposed to address future funding concerns and only sets the terms of the parking lease.
In return for the lease, the city is getting a $92 million lump sum and at least $3 million in annual payments, according to city estimates. The city plans to use that money to pay down future budget deficits and fund development projects, including the I-71/MLK Interchange.
Critics argue the lease gives up too much control over the city's parking assets and will ultimately hurt downtown and neighborhoods by raising parking meter rates and expanding meter operation hours.
Update (1:35 p.m.): Added a comment from Port Authority spokesperson Gail Paul.
Cincinnati’s plan to lease parking assets to the Port of Greater Cincinnati Development Authority remains on hold as a lawsuit arguing the law should be subject to referendum works through the Hamilton County Common Pleas Court. The legal dispute is focused on City Council’s use of the emergency clause, which eliminates a 30-day waiting period on implementing laws and takes away the possibility of a referendum. Emergency clauses are routinely deployed in City Council, but opponents of the parking plan say that doesn’t make them right.
Whether the parking deal does go through or not, the Tower Place Mall renovations will be carried out. The city originally included the renovations as part of the plan, but Meg Olberding, city spokesperson, told The Cincinnati Enquirer that the city is planning on selling the the property to a subsidiary of JDL Warm Construction for an undisclosed sum, and the company will then pay an estimated $5 million for the redevelopment.
Gov. John Kasich’s plan to expand the sales tax to fund tax cuts is being heavily criticized by some members of the business community, but Rep. Ron Amstutz, chairman of the Ohio House Finance & Appropriations Committee, says he is looking into ways to save the proposal. Kasich’s plan would expand the application of the sales tax to include more services, including cable TV and admission to sport events, but it would lower the sales tax rate from 5.5 percent to 5 percent and carry out 20-percent across-the-board income tax cuts. CityBeat wrote about Kasich’s budget proposal in further detail here.
As part of Kasich’s education plans, the state’s school voucher program is expanding to help students meet a Third Grade Reading Guarantee, which requires third-graders pass a test in reading proficiency before they can move onto fourth grade. Supporters argue the voucher program provides more choice and control for parents, but opponents say the state should not be paying for private educations. A previous Policy Matters Ohio report found expanded school choice through more vouchers can have negative effects on education, including worse results for students and teachers.
State Auditor Dave Yost is pushing for a full audit of JobsOhio, the publicly funded private, nonprofit agency, but Republican state legislators are joining Kasich in opposition. The opposing Republicans say the state auditor can track any public funds used for JobsOhio, but they say the agency is allowed to keep its private funds under wraps. Kasich says he plans to replace the Ohio Department of Development, which can be fully audited by the state auditor at any time, with JobsOhio.
The Ohio Department of Education apparently knew or should have known of ongoing data scrubbing in schools as early as 2008, according to The Toledo Blade. Emails acquired by The Blade show officials analyzed and discussed data reports that year after media reports detailed how urban districts excluded thousands of test scores on state report cards.
Supporters of the Anna Louise Inn gathered Friday in celebration of International Women’s Day and to stand against Western & Southern’s repeated efforts to run the Inn out of the neighborhood.
The U.S. Census Bureau says Cincinnati commutes are much shorter than the national average, with only 2.9 percent of Cincinnatians spending more than 60 minutes one-way during their commute, as compared to the 8.1 percent national average.
The Cincinnati Enquirer unveiled its new tabloid format today. Ben Kaufman says it looks nice and arrived on time.
The Killers are coming to the Horseshoe Casino.
A new study says results from fMRI scans are unintentionally distorted and inaccurate — to the point that some studies on the human brain that use fMRI results may be seriously questionable.
City Council could use leftover revenue from the previous budget cycle and money from the parking lease to fund a disparity study that would gauge whether minority- and women-owned businesses should be favorably targeted by the city’s contracting policies. The study could cost between $500,000 to $1 million, according to city officials. Because of a U.S. Supreme Court case, the city must carry out the study before it can impose policies that favorably target minorities or women with business contracts. Since the city's last race- and gender-based program was dismantled in 1999, contract participation rates for minority-owned businesses dropped from a high of 22.4 percent in 1997 to a low of 2.7 percent in 2007, but rates for women-owned businesses have remained relatively unchanged. But the numbers could be understating how many minority-owned businesses there are because classifying as one is now voluntary, while it was mandatory in the 1990s.
State Rep. Ron Amstutz, chairman of the Ohio House Finance and Appropriations Committee, says he wants to move on a package of bills that would include the Medicaid expansion by early October. The bills will also tackle other issues, such as how to deal with growing concerns about opiate addiction in Ohio. The Health Policy Institute of Ohio says the federally funded Medicaid expansion would insure nearly half a million Ohioans and generate roughly $1.8 billion for the state in the next year. But Republican legislators in the General Assembly say they're concerned the federal government won't be able to uphold its commitment to the expansion. Recent polling found about 63 percent of Ohioans support expanding Medicaid.
East side residents pleaded with Greater Cincinnati Port Authority officials yesterday to reduce enforcement hours for parking meters under the city's controversial parking lease. The plan allows for enforcement until 9 p.m., but residents say it should only go to 6 p.m. to avoid hurting local businesses that might rely on free parking during the evening. The city is leasing its parking meters, lots and garages to the Port Authority, which will then manage the assets through private operators from around the country. The city administration estimates the deal will produce $92 million up front and at least $3 million a year afterward for Cincinnati, which officials plan to use for development projects and to help close budget gaps.
Meanwhile, opponents of the parking lease appealed their legal challenge to the Ohio Supreme Court. Opponents argue the lease should be susceptible to voter referendum. The city claims Cincinnati's emergency clause powers allow council members to expedite laws and remove the possibility of referendum altogether. The legal challenge was initially successful in a lower court, but the appeals court ultimately sided with the city. It's unclear whether the Ohio Supreme Court will hear the challenge.
Legal experts say it's unclear which, if any, of Ohio's new abortion restrictions could survive a court battle. The anti-abortion measures, which were passed in the state budget by Republican legislators and Gov. John Kasich, impose a series of regulatory hurdles that require extra medical procedures prior to getting an abortion and could be used to shut down abortion clinics.
An internal Environmental Protection Agency (EPA) report suggests that fracking, an oil- and gas-extraction process, can contaminate underground drinking water. The findings could have implications for Ohio, which is currently undergoing a fracking boom as companies rush to tap into oil and gas reserves in northeastern parts of the state. CityBeat covered Ohio’s fracking boom in further detail here.
Councilwoman Pam Thomas and ex-Councilman Cecil Thomas want everyone to know that they have not endorsed anyone for mayor.
Ryan Widmer's mother, who gained notoriety for defending Widmer during his three trials, was found dead yesterday. There were no obvious signs of trauma or foul play. Widmer is currently serving 15 years for drowning his wife in a bathtub in 2008.
Scientists may have to genetically modify oranges to save them from a deadly disease.
With the backing of Ohio Attorney General Mike DeWine, law enforcement around the state have been secretly using facial recognition software for the past two months that scans driver’s licenses and mug shots to identify crime suspects. In emails and documents obtained by The Cincinnati Enquirer, DeWine and other state officials apparently couldn’t agree whether the program is in beta testing or full launch and when they should tell the public about it. The program went live without the attorney general’s initial approval and many protocols that protect Ohioans’ security and privacy, raising concerns about whether law enforcement have been able to abuse the new tool.
The Greater Cincinnati Port Authority on Friday acknowledged it will ramp up enforcement and tickets once it takes over Cincinnati’s parking meters, lots and garages, but it claimed the move is meant to encourage people to pay up, not raise revenue that will make the parking lease more profitable for the Port or the private operators it’s hiring. The Port also said it had taken steps to make the parking lease a better deal for locals, including a reduction in operation hours in neighborhoods and some downtown areas. The city is leasing its parking assets to the Port for a one-time injection of revenue and annual installments that are supposed to go to development projects that will grow the city’s tax base. But opponents of the lease say it will take away too much control of the city’s parking services and hurt businesses and residents by raising parking rates and hours.
Vacant buildings at the corner of Henry and Race streets will be demolished today to make room for a maintenance facility for Cincinnati’s streetcars — just the latest sign the project is moving forward. Mayor Mark Mallory, Vice Mayor Roxanne Qualls and John Deatrick, streetcar project executive director, will attend the demolition and a press event preceding it, which will take place at 1 p.m.
A new video from the Ohio-Kentucky-Indiana Regional Council of Governments (OKI) shows how bad traffic will get if the Brent Spence Bridge isn’t replaced. In the video, OKI claims the current state of the bridge is dangerous and damages the economy. The bridge project is currently estimated at $2.5 billion. At least part of that sum will be paid with tolling if state officials get their way.
Qualls and Cincinnati Public Schools Superintendent Mary Ronan will today discuss a district-wide travel plan that intends to provide safe routes for students walking and biking to school. The plan, which would use Ohio Department of Transportation funds, makes improvements to crosswalks and pedestrian crossing signals, among other changes. Qualls’ office says the plan is timely as CPS today begins its first week back to school.
Cuts in all levels of government, which Republican state officials call “right-sizing,” might be hindering Ohio’s economic recovery. Only California, New York and Florida have cut more public jobs than Ohio. At the same time, Ohio’s job growth over the past year has stagnated at 0.7 percent. The state has cut local government funding by half since Kasich took office, as CityBeat covered in further detail here.
Ohio gas prices once again increased this week, but they still remain below the national average.
The USS Cincinnati, a Cold War era submarine, is coming to the city. Some locals have been working on getting the submarine’s sail installed along the riverfront as a memorial.
NASA put up a video explaining how it would land on an asteroid.
With the war on drugs widely considered a failure after more than four decades, experts are suggesting legalization and decriminalization as viable alternatives. One concern: Despite recent attempts at sentencing reform, Ohio’s prison population is set to grow further and breach a capacity barrier previously set by the U.S. Supreme Court in a ruling against California. With costs rising and drug use rates seemingly unaffected by harsher enforcement, groups of academics, former law enforcement officials and civil libertarians say it’s time to look at states and countries that have abandoned criminalization and harsh enforcement with great success. To read the full story, click here.
A planned supportive housing facility in Avondale is raising concerns for residents who claim the complex could hurt a neighborhood already plagued by poverty, crime, obesity, unemployment and homelessness. Particularly worrying for Avondale 29, the group opposing the plans, is that the facility is near a daycare and elementary school, which the group says could have a negative impact on neighborhood children. Supporters of the facility say the opposition is based on widespread misinformation. They point to a similar similar supportive housing facility in Columbus, which, according to the Columbus Police Department’s Gary Scott, had a positive impact on the community surrounding it.
Opponents of Cincinnati’s parking lease were dealt two major blows in court yesterday: The Ohio Supreme Court declined to hear their first legal challenge and effectively upheld the city’s referendum-immune emergency powers, and the Hamilton County Common Pleas Court refused to place a temporary restraining order on the lease despite claims that the city manager made “significant and material” changes to the deal without City Council approval. Both the challenges come from the conservative Coalition Opposed to Additional Spending and Taxes (COAST), which claims parking rates and enforcement hours will rise because the city is ceding too much power over its services by leasing its parking meters, lots and garages to the Greater Cincinnati Port Authority. Supporters of the parking lease argue the plan is necessary to leverage the city’s parking assets to finance development projects that will grow the city’s tax base.
Commentary: “Secrecy Plagues Potentially Good Programs.”
The city is fighting to have a document removed from its legal battle over the streetcar with Duke Energy. City officials says the document is “nothing scandalous” and the city just made a mistake by accidentally disclosing it, but a Duke attorney says the document is a source of “embarrassment” for the city and important to the case. As part of an agreement, Cincinnati and Duke are arguing in court to settle who has to pay an estimated $15 million to move utility lines to accommodate for the streetcar route.
Advocates of the federally funded Medicaid expansion yesterday filed petitions to the state attorney general’s office to get the issue on the 2014 ballot. As part of Obamacare, states are asked to expand their Medicaid programs to include anyone up to 138 percent of the federal poverty level. If they accept, the federal government would pay for 100 percent of the expansion’s cost for three years then indefinitely phase down to 90 percent. The Health Policy Institute of Ohio found the expansion would save Ohio $1.8 billion and insure half a million Ohioans. Gov. John Kasich, a Republican, and state Democrats support the expansion, but Republican legislators are resisting it.
More than two-thirds of Ohioans support laws that protect gays and lesbians against job discrimination, but more than four in five mistakenly think such laws are already in place at the state and federal levels, according to the 2013 Ohio Values Survey from the Public Religion Research Institute. The survey also found a slim majority of Ohioans oppose amending the state constitution to allow same-sex marriage, which somewhat contradicts earlier polls from The Washington Post and Quinnipiac University that found a plurality of Ohioans now support same-sex marriage.
State agencies are probing the second high-profile suicide in an Ohio prison in the past month. Ariel Castro, a Cleveland man who was sentenced to life for kidnapping three women and beating and raping them as he held them for a decade, was found hanging on Tuesday after an apparent suicide. His death was the seventh suicide in an Ohio prison this year and the 35th since 2008. “As horrifying as Mr. Castro’s crimes may be, the state has a responsibility to ensure his safety from himself and others,” said Christine Link, executive director of the American Civil Liberties Union of Ohio, in a statement. “Questions remain whether Mr. Castro was properly screened for suicide risk and mental illness.”
The Ohio Development Services Agency is offering $30 million in loans and grants to employers who train their workforce. “Building a strong economy is about ensuring Ohio’s workforce has the tools it needs for success,” said David Goodman, director of the Ohio Development Services Agency, in a statement. “We want our workforce to be ready for the competitive jobs of tomorrow.”
Ohio legislators are asking the federal government to pursue a balanced-budget amendment. Although the amendment might sound like a good idea in campaign platitudes, many economists agree it’s a bad idea because it limits the federal government’s flexibility in reacting to economic downturns that typically cause deficits by lowering tax revenues and increasing the amount of people on government services.
A Fairfield, Ohio, woman is being forced by the Fairfield Board of Zoning Appeals to get rid of five of her seven dogs. The woman, who says she suffers from depression, Parkinson’s disease and multiple sclerosis, says she needs the dogs to cope. The zoning board said it had heard anonymous complaints from neighbors, which apparently convinced the board to not provide an exemption for Fairfield’s two-pet limit.
Cincinnati-based Procter & Gamble is considering dropping some products and offering low-price alternatives for others in response to growing concerns about lacking performance.
For the second time in a year, an Ohio judge is publicly shaming a convicted idiot.
A new implant allows doctors look into people’s brains.
The city of Cincinnati and opponents of the parking plan met in court today to debate whether laws passed with emergency clauses are subject to referendum — a crucial legal issue as the city attempts to speed ahead with plans to lease the city’s parking assets to the Port of Greater Cincinnati Development Authority to help balance the deficit and foster economic development.
After hearing extensive legal arguments
from both sides, Judge Robert Winkler, who presided over the hearings, said
a decision is unlikely today.
Curt Hartman, who represented opponents of the parking plan, argued the city charter’s definition of emergency clauses is ambiguous, and legal precedent supports siding with voters’ right to referendum when there is ambiguity.
Terry Nestor, who represented the city, said legal
precedent requires the city to defer to state law as long as state law
is not contradicted in the city charter.
Cincinnati’s city charter does not specify whether emergency legislation is subject to referendum, but state law explicitly says emergency laws are not subject to referendum.
Meg Olberding, city spokesperson, previously told CityBeat that if the parking plan is held up for too long in legal battles, the city will have to carry out spending cuts before July to balance the budget in time for the 2014 fiscal year.
Emergency clauses remove a 30-day waiting period on approved legislation, and the city claims they also remove the possibility of referendum.
City Council approved the parking plan in a 5-4 vote on March 6 before attaching an emergency clause to the law in a 6-3 vote. But the law was quickly put on hold by a temporary restraining order from Winkler after a lawsuit was filed in favor of subjecting the plan to referendum.
Opponents of the parking plan say they’re concerned the plan will cede too much control over the city’s parking meters, which they say could lead to skyrocketing parking rates.
The city says rates are set at 3 percent or inflation, but the rate can change with a unanimous vote from a special committee, approval from the city manager and a final nod from the Port Authority. The special committee would comprise of four people appointed by the Port Authority and one appointed by the city manager.
The city is pursuing the parking plan to help balance the city’s deficit for the next two fiscal years and enable economic development projects (“Parking Stimulus,” issue of Feb. 27).
City Hall will host public hearings about the city manager’s parking and economic development plan today, but the hearings will take place before the public knows all the official details. Meg Olberding, city spokesperson, says the legal documents and contracts for the deal aren’t ready to be released yet, but they will be ready before City Council holds a vote.
“We’re still finalizing the documents,” Olberding says. “These are long, complicated documents, so we want to make sure they’re done right, and we’ll put them online as soon as they’re available.”
When the documents are released, they will include Cincinnati’s deal with the Port of Greater Cincinnati Development Authority, but they will not divulge specifics on the Port Authority’s contracts with AEW, Xerox, Denison and Guggenheim — the four private companies partnering with the Port Authority to manage city’s parking assets.
Without the full details, mayoral candidate John Cranley, who opposes the parking plan, says he’s concerned the public is going into the deal blind: “Why are they having public hearings before giving the contract to the public and giving us the exact details? What they do is sit back and selectively give information.”
The lack of details has already led to some surprises since the parking proposal was announced to the public. On Feb. 21, Olberding told CityBeat the city will be able to bypass the so-called cap on parking meter rate increases through unanimous vote from a five-person advisory committee, approval from the city manager and a final nod from the Port Authority. The process, which begins with an advisory committee that will include four members appointed by the Port Authority and one selected by the city manager, will allow the city to raise and lower the cap in case of changing economic needs, says Olberding.
Under the initial plan, parking meter rates will be set to increase annually by 3 percent or the rate of inflation on a compounded basis, with any increases coming in 25-cents-an-hour increments. That should translate to 25-cent increases every three years for Downtown and every six years for neighborhoods, says Olberding.
City Manager Milton Dohoney Jr. unveiled his parking proposal on Feb. 19, promising $92 million upfront and an additional $3 million a year to pay off the city’s budget deficits for 2014 and 2015, build a 30-story high-rise Downtown with a grocery store and 300 luxury apartments, renovate Tower Place Mall and complete the I-71/MLK Interchange project (“City Manager Proposes Parking, Economic Development Plan,” issue of Feb. 20).
Following CityBeat’s blog post yesterday, the city released the official documents for the city manager’s parking plan. So far, no one has reported anything outrageous or unexpected. If you see anything, feel free to email firstname.lastname@example.org.
Of the two dozen people who spoke at a public hearing for the parking plan yesterday, all but two opposed the plan. Much of the opposition came from people who said they were worried parking will be expensive, but the city manager’s office says it will take three years for parking rates to go up in Downtown and six years for rates to go up in neighborhoods after an initial hike to 75 cents. CityBeat covered the parking plan in detail here.
Cincinnati officials are now saying that a freestanding restroom could cost as low as $35,000. Officials say the public restroom is needed to accommodate growing activity and population in Over-the-Rhine and Downtown. Some critics were initially worried that the facility would cost $100,000.
Cincinnati’s Horseshoe Casino will partner up with the Cincinnati Police Department to keep out cheats and prevent theft. The casino will also have advanced surveillance equipment, allowing them to detect anyone around the casino before they even get into the building. It may seem like a lot, but casinos do tend to attract cheaters and other troublemakers, according to Ohio Casino Control Commission Director of Enforcement Karen Huey. The Horseshoe Casino is set to open March 4.
A report from the Governors Highway Safety Association found more teen drivers died in crashes this year than the last two, and some officials fear wireless devices may be a leading cause. In Ohio, the six-month grace period for the teen wireless ban expires Friday, which will allow police officers to issue tickets instead of warnings to teenagers using any wireless devices while driving.
Gov. John Kasich’s budget proposal would cut back a state-funded college internship program, which awarded $11 million to universities around the state.
Ohio Democrats are asking Kasich to put his Ohio Turnpike funding promises in writing after they found out the governor’s budget proposal doesn’t actually say that 90 percent of leveraged funds will remain in northern Ohio, which Kasich originally promised.
Barry Horstman, investigative reporter at The Cincinnati Enquirer, collapsed and died in the newsroom yesterday. CityBeat offers its condolences to Horstman’s co-workers, family and friends.
The University of Cincinnati got a $2.3 million grant from the National Cancer Institute to train cancer researchers. “Our emphasis is on training the next generation of cancer researchers to translate basic science discoveries into improved patient care,” Susan Waltz, co-principal investigator of the grant and professor of cancer biology at the UC College of Medicine, said in a statement.
A homemade jetpack can reach altitudes up to 25,000 feet, but it might have some trouble landing.
In a letter to the city solicitor, a conservative organization is threatening more legal action to stop the city’s plans to lease its parking meters, lots and garages to the Greater Cincinnati Port Authority. The Coalition Opposed to Additional Spending and Taxes (COAST) claims the city manager exceeded his authority when he made two “significant and material” changes to the lease agreement after City Council approved the deal in March. If the city solicitor doesn’t take up the legal challenge, COAST could sue the city by itself. Supporters of the parking lease argue it’s necessary to fund development projects in the city and modernize the city’s parking services, but opponents say it gives up too much control over the city’s parking meters, lots and garages and will hurt businesses downtown.
The Business Courier reports that a critical parking memo was supposed to provide a “strike point” for negotiations between the Port Authority and Xerox, which will manage the city’s parking meters under a lease agreement. But the city administration didn’t begin sharing the June 20 memo with anyone else, including the Port Authority, until July 12, after council members and media outlets began asking the city administration about it. The memo suggested the city is getting a bad deal from the parking lease agreement and overpaying Xerox. Port and city officials argue the memo relied on outdated information and made technical errors.
Mayor Mark Mallory will today join fellow streetcar supporters at Rhinegeist Brewery to discuss the streetcar project’s latest news and future. The city on July 15 set an opening date of Sept. 15, 2016 after finalizing a construction contract with Messer Construction, Prus Construction and Delta Railroad, which was made possible after City Council closed a $17.4 million budget gap in June. CityBeat recently debunked some of the misrepresentations surrounding the streetcar project here.
Public access media organization Media Bridges is shutting down following city and state funding cuts. The organization’s demise is a great loss to producers like Rufus Johnson, who used its resources for years. The city picked up Media Bridges’ funding after the state eliminated a fund that was provided by Time Warner Cable, but even the local funding was fully cut in the budget passed in May. City officials have justified the cuts by pointing to citizen surveys that ranked Media Bridges poorly in terms of budgetary importance, but a CityBeat analysis found the surveys were skewed against the low-income Cincinnatians that benefit the most from public access programs like Media Bridges.
State Rep. Peter Beck, a Republican from Mason, is facing multiple felony charges related to securities fraud. A lawsuit filed in Hamilton County by investors alleges that money invested at the request of Beck and others was used for personal gain — specifically, Beck’s campaign — instead of a business investment as originally intended. Beck has been in power since 2009, and his current term is set to expire in 2014.
A former poll worker was sentenced to five years for voter fraud after she voted twice for herself and three times for her sister, who’s been in a coma since 2003.
The driver who last August accidentally hit and killed a local cyclist is awaiting his sentence. Local bike advocacy groups are asking courts to give the maximum penalty to the driver, who’s facing at most six months in jail and a $1,000 fine.
The local housing market is rapidly recovering in a continuing good sign for the economy, with single-family home permits up 48 percent in June compared to the year before, according to the Home Builders Association of Greater Cincinnati.
Cincinnati Reds games are No. 3 for local TV ratings in all of Major League Baseball, behind only the Detroit Tigers and St. Louis Cardinals.
Xavier University is laying off 31 employees and cutting 20 currently vacant positions.
A Miami University student is getting an astronaut scholarship, making him one of 28 students nationwide to receive the honor.
Entrepreneur says Cincinnati is an “unexpected hub for tech startups.”
A new self-aiming rifle would outshoot human snipers.
Popular Science has a guide for arguing against anti-vaccine crazies here.
The parking plan’s lump sum payment is being reduced to $85 million, down from $92 million, and the city could be on the hook for $14 million to $15 million to build a garage, according an Oct. 9 memo from City Manager Milton Dohoney to council members and the mayor.
Dohoney wrote that the Greater Cincinnati Port Authority, which is leasing Cincinnati’s parking meters, lots and garages under the 30-plus-year deal, reduced its lump sum payment because of rising interest rates and its decision to reduce parking meter enforcement hours outside of Over-the-Rhine and the Cincinnati Business District.
Under the reviewed deal, the Port Authority also handed the responsibility of building a garage at Seventh and Sycamore streets to the city of Cincinnati. Dohoney recommends using the parking plan’s upfront payment to fund the garage, which will cost between $14 million and $15 million, according to city spokesperson Meg Olberding.
If City Council approves the allocation, the upfront funds would be effectively left at $70 million to $71 million.
The city still estimates it will get at least $3 million in annual installments from the lease.
Supporters of the parking plan claim it’s necessary to fully leverage Cincinnati’s parking assets to fund development projects and help balance the operating budget.
The plan also requires private operators, which will be hired by the Port Authority, to upgrade Cincinnati’s parking assets. The upgrades should allow parking meters to accept remote payments through smartphones, among other new features.
Critics claim the plan gives up too much local control over the city’s parking assets. They say the city and Port Authority could easily be pressured by private operators to hike parking rates far beyond the 3-percent-a-year increase currently called for under the plan.
The plan has also been mired in controversy, notably because the city administration withheld a consultant’s memo from the public and council members that claimed the plan is a bad deal for the city. The city administration says the memo was based on outdated information, but opponents still criticized the lack of transparency behind the deal.
Dohoney wrote in the Oct. 9 memo that the Port Authority’s board plans to meet on Oct. 19 to finalize contracts with private operators. If all goes as planned, the Port Authority estimates the new parking system will be in place by April 2014.