REPORT TO THE CITY COUNCIL
FROM: JENNIFER CLARK, Director
Planning and Development Department
BY: MELISSA ALMAGUER, Parking Division Manager
Planning and Development Department
SUBJECT
Title
Approve First Amendment to Service Agreement entered between the City of Fresno, and ACE Parking Management III, LLC to provide revenue controls, customer service, and maintenance at the City's portfolio of parking assets adding Tower Theater Parking Lot for an increase of $51,040.80 for a total fee of $13,230,332.
Body
RECOMMENDATION
Staff recommends approval of the First Amendment to Service Agreement entered between the City of Fresno, and ACE Parking Management III, LLC to provide revenue controls, customer service, and maintenance at the City's portfolio of parking assets adding Tower Theater Parking Lot for an increase of $51,040.80 for a total fee of $13,230,332.
EXECUTIVE SUMMARY
On January 17, 2021, the City entered into an agreement with ACE Parking Management III, LLC, for Parking Facilities Management services through January 17, 2026. On July 22, 2022, the City added the Tower Theater and associated parking lot to its inventory for parking oversight. This amendment adds the Tower Theater Parking Lot to the agreement with ACE Parking Management III, LLC, for the remaining term of the contract for $51,040.80 bringing the contract total to $13,281,372.80.
BACKGROUND
On January 17, 2021, the City entered into an agreement with ACE Parking Management III, LLC for Parking Facilities Management services through January 17, 2026. On July 22, 2022, the City added the Tower Theater and associated parking lot to its inventory for parking oversight. This amendment adds the Tower Theater Parking Lot to the agreement with ACE Parking Management III, LLC, for the remaining term of the contract for $51,040.80 bringing the contract total to $13,281,372.80.
The parties incorporate the use of the following services to manage and maintain the Tower Theater...
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