Red Deer parking rates increase July 3

Penalties for an expired meter will increase to a $65 ticket with a $30 early payment option if paid within 10 days of the infraction.

“The new parking rates will encourage people who plan to stay longer to re-think their parking options,” said Erin Stuart, Inspections and Licensing Manager, “Those looking for long-term parking options could see significant savings by purchasing a new monthly pass or by parking further and walking a few blocks.”

Not all rates are increasing, changes are based on the utilization rates in the area and those areas with low utilization rates will remain the same.

Hourly parking rate increases will vary based on location, as well as the length of stay, and range from $0.20 to $0.45 per hour.

Short-term parking spaces will be more expensive to encourage turnover and open up spaces for shorter visits to local businesses. Long-term parking located in the outer areas of downtown will be less expensive.

“Our goal is to balance use of parking stalls and incentivize people to park in off-street lots for long-term stays. This opens up short-term spaces for customers of downtown businesses,” said Stuart.

A 25 per cent increase in planned parking revenue was approved by City Council in January during operating budget debates to help recover costs and accelerate repayment of two debentures for the Sorensen Station Parkade.

The last time parking rates were increased was July 1, 2015.

The new parking rates will be as follows:

On-Street Parking

30 minute restricted- $1.00/30 minutes
2 hour restricted- $1.50 – $1.75/hour
2 hour unrestricted- $1.00 – $1.25/hour
4 hour unrestricted- $1.25/hour
8 hour unrestricted- $0.80 – $1.00/hour

City-owned Parking Lots

Hourly rates/Monthly rates

P1
$1.15/hour
$70/month

P2
$1.15/hour
$70/month

P3
$1.60/hour
$80/month

P4
$1.60/hour

P7
$0.80/hour
$70/month

P8
$1.25/hour
$75/month

P9
$0.80/hour
$60/month

Sorensen Parkade
$1.00/hour
$110/month

More information, including a map of downtown parking spaces and rates, is available online at reddeer.ca/parkingdowntown.

(Gary McKinnon – The City of Red Deer)

by rdnewsNOW staff

Red Deer parking rates increase July 3

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