06-19-2018, 09:35 AM
Parking rates to increase in uptown Waterloo
Also included are 2.5-3% increases for monthly passes.
The move is to push parking to be financially self-sustaining.
Quote:The first 25 cent raise will happen in 2019, raising it from $2.75 per hour currently to $3. Monthly parking permit rates will also go up 2.5 per cent.
Council approved a 10-year forecast that will see the hourly parking rates increase by 25 cents every three years. The next rise will be in 2022, then 2025 and 2028.
Also included are 2.5-3% increases for monthly passes.
The move is to push parking to be financially self-sustaining.