Flint Expatriates: Larry Ford

Showing posts with label Larry Ford. Show all posts

Thursday, January 21, 2010

Parking Chronicles: Using Meters to Pay Off Parking Decks

Are parking meters about to make a return to downtown Flint? The move allegedly could help pay off the pricey parking deck that few people seem to use.

Thanks to Earl the Anonymous for passing along this item.

Sunday, January 17, 2010

Flint's Latest Parking Problem

Is downtown Flint's latest parking structure the son of AutoWorld. Columnist Andy Heller thinks so after Kristen Longley of The Flint Journal reported that Flint taxpayers "could be on the hook for payments on $10 million in loans for a downtown parking deck that now sits mostly empty."

"Less than six months after opening the James W. Rutherford Parking Structure, the Downtown Development Authority already is scrounging to make the first payment on the city-authorized bonds for construction of the parking ramp.

"The problem? The DDA expected to bring enough downtown tax revenue this year to cover the $620,000 payment, but instead is bringing in a tiny fraction of that — about $900."

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