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ERIC JONES <br /> PUBLIC WORKS Planning <br /> CITY HALL Il - 4TH FLOOR & Development <br /> Administration <br /> City of Eugene <br /> 99 West 10th Avenue, Suite 240 <br /> Eugene, Oregon 97401 <br /> September 4, 1996 (541) 687-5477 <br /> (541) 984-8335 Fax <br /> NEWS RELEASE <br /> From: Rosie Pryor, 683-6851 <br /> Planning and Development Department <br /> For immediate release: <br /> PARKING METER RATES CHANGING <br /> Beginning Sunday, hourly rates at Eugene parking meters will increase fifteen cents, from <br /> fifty cents to sixty-five cents per hour. As a result, a quarter will buy twenty-three minutes <br /> instead of thirty minutes. The meters will be changed over the first three Sundays of September. <br /> This is the first increase in meter rates in Eugene since 1988. <br /> Earlier this summer, the Eugene City Council approved the rate increase as part of a <br /> funding package to pay for new parking garages at Broadway and Charnelton. The garages are <br /> ' part of amixed-used project which incorporates housing, parking, and retail/commercial space. <br /> Financing for the structures and adjacent street improvements will come from a <br /> combination of municipal parking and urban renewal funds, proceeds from a bond backed by the <br /> ' parking funds, and payments by the project developers, Lorig and Associates. Construction is <br /> expected to begin in 1997. <br /> For more information, please contact Rosie Pryor, City of Eugene Planning and <br /> Development Department, at 683-6851. <br /> <br /> ~irr # # # <br /> <br />