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HomeMy WebLinkAboutPOWERPOINT PRESENTATION - ITEM 1ti 4/17/2012 4/17/2012 Analysis (Summarized) Long -Term Public Parking Improvement Cost Assumptions Parking stall is 24 ft. long by 8 ft. (street) or 20 ft. long by 8 ft. wide (parking lot). The larger (street) totals 192 s.f. Actual utilization of public street or drive aisles (lot) not included in calculations. Unit cost of 2 inch cold milling (grinding) asphalt is $0.15 per s.f. Unit cost of asphalt compacted in place is $90 per ton Unit cost of slurry seal is $0.25 per s.f. Unit cost to remove and replace curb is $50 per foot 2 inch grind and asphalt overlay at 21 year intervals Replace 10% of curb at 21 year intervals Slurry seal at 7 year intervals Maintenance Cost Assumptions Landscape Maintenance is $10.41 Irrigation (water) is $4.17 Tree Trimming is $0.23 Hardscape is $0.26 Sweeping is $5.00 Striping is $3.46 5 That the City Council conduct a public hearing on the matter, and adopt Resolution No. 12 -27 establishing an annual parking maintenance fee of $60 per space, as authorized by Ordinance No. 1416 }'