Decision details

RESOLVED:

That District Executive agreed to:-

a.

apply an increase in July 2019 based on the CPI inflation rate for the previous 4 years;

b.

thereafter, apply an increase every 4 years based on the CPI inflation rate for the previous 4 years;

c.

recommendation 1 and 2 above shall take effect where the cost of implementing the increase (for example new signage, adaptations to the machines etc.) does not outweigh the expected additional revenue to be generated; and

d.

recommend a full cost review of bench-marked market charges and car park operations as part of the car park strategy update to ensure alignment in the wider market area. This is to be carried out by officers in the financial year 2018/2019 for implementation in July 2019; subject to being approved at District Executive.

Reason:

To consider various car park user improvements and benchmarking as part of an updated car park strategy and to present a longer term charging policy in line with the regulations in force.