Work has begun to add new city-operated parking lots to downtown Rolla. The Rolla City Council July 1 approved leasing property at 10th and Rolla streets for a parking lot. Land has also been purchased at Sixth and Elm streets for another.
Work has begun to add new city-operated parking lots to downtown Rolla.
The Rolla City Council July 1 approved leasing property at 10th and Rolla streets for a parking lot. Land has also been purchased at Sixth and Elm streets for another.
Cost of the two parking lots will be $440,756. A big chunk of that, $296,760, will be paid for by a federal Community Development Block Grant. Rolla will pay $24,750 of that with cash and another $119,246 is in-kind work.
Public Works Director Steve Hargis explained to the Rolla City Council July 1 that the lot at 10th and Rolla streets will be leased by the city for 20 years from two property owners.
One lease is with Missouri University of Science and Technology. The city will make improvements to the lot and will also improve International Village Drive off White Columns Drive. That Missouri S&T-owned street will then be dedicated to the city which will maintain it.
“The street is currently under the ownership of Missouri S&T and is in a state of disrepair. The housing development known as International Village, also known as the Teepees, uses this private street for access,” Hargis said.
The university will pay for the materials to renovate the street. It will also grant a street easement when the work is done, and that easement will be recorded with the county, Hargis said.
City workers will provide the labor for the renovation.
By accepting the street dedication and maintaining it, the city will assure that the International Village will have access to a public street and the area can be further developed.
“That’s the consideration for the lease,” Hargis said of the lease with Missouri S&T for the parking lot.
Other land in that block bounded by 10th, Rolla, Ninth and Main streets, is owned by Russell brothers.
“The cost of paving this area will be the responsibility of the Russells,” Hargis said. “In addition, by way of rent, the Russells will have a total of 30 spaces available to them at no cost for tenants of the 901 Pine Building. They will also have first right of refusal on any other available lots.”
The spaces in this lot will be rented to people who live, work or attend classes downtown.
“After these 30 spaces to the Russells we will have 82 spaces available for rent for users of the downtown. The Russell lease also includes a depreciation clause for early termination of the lease of $2,550.80 per year for the 20 years.”
The parking lot at Sixth and Elm was purchased from Alan Sachs for $130,000. That amount was covered by the CDBG grant, Hargis said.
Hargis broke down the costs of the parking lot on 10th Street as follows:
• Costs for constructing parking lot on leased premises: $25,953
• Costs of materials for 34-foot wide International Village Drive, to be paid by university to city: $58,250
• City’s cost of labor and equipment for 34-foot wide Internatioanl Village Drive, $38,000 to be applied by city in lieu of monetary rent for leased premises
• Total city investment, $63,953, to be repaid by the university on a pro rata basis by the year ending May 31, 2033.
On a related matter, the council heard first reading of an ordinance regulating downtown parking lot permits.
The ordinance will allow for the leasing of a certain number of parking spaces to individuals who work, live and attend classes downtown.
“We are proposing to begin with 154 permitted parking spaces in the downtown area,” Hargis told the council. “These spaces will be reserved parking and require a city issued parking permit. The permits will be issued by the engineering department, and the police department will provide enforcement.”
Hargis said hanging tags for rear-view mirrors will be used to match with the numbered parking spaces.
“Each leased space will be issued a specific hang tag number,” he said. “Fees generated could total approximately $30,000 per year.”