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2018-07-10 Services & Organisation Committee Agenda

of 71

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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   10 JULY 2018




                                                   Page 26 of 71

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                                  10 JULY 2018

   Variable Pricing Time Periods:
ie                 ee                                                                 nn          ABE:
     1. Paid parking  + Consistent approach                * Demand not high enough all year
    all year with     + Year long use of assets               around to sustain paid parking
    price variance    * Improved return on asset           + May reduce turnover/economic
    by season            investment                           vitality
                      + Increased revenue
                      + Better opportunity for year long
                         mode change by regular visitors
                        and residents

    2. Paid Parking   * Longer period of time for          * Demand will be variable over
    in Summer, free     consistent approach                   summer period e.g. some
    rest of year      + Better return on asset investment     weekdays outside holidays
                      * Increased revenue compared to      * May reduce turnover/economic
                        option 3                              vitality
                      * Better opportunity for mode
                        change by regular visitors and
                         residents compared to option 3                                                  |    =
    3. Paid Parking   + Only charging in peak congestion   + Less efficient use of asset
    peak periods        periods                               investment
    rev   ie. school  + Defining peak periods could be     * Reduced revenue compared to
    holidays,           flexible to meet demands              other options
   weekends           * Improves use of existing parking   * Mode shift may only happen in
                        supply during peak periods            these peak demand periods
                      + Encourages mode shift in peak      * Lack of consistency may be
                        demand periods                        confusing

                                                                                                     Page 26 of 71
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