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5 14 <br />11/25/2025 <br />Yrlmary Strategic Flan hut -halve: <br />Adopt Resolutug P25-235 Adopting the 2023 Parking Ramp Maintenance Budget and Minim Rcsalunmt #25-2' 5 Allocating the Parking Ramp Mamtcnauce (,oats per the Adopted Budget <br />Purpose/Background: <br />Allocate cogs piths municipal parking mum to the icspc0neoscrs City Residence at the COIL Apamueuls and insert pet the PalI! Um and Alamtcnance Agreement (BMW <br />R.arknrnnnd <br />hr cum lnntcl rt anetdrd and ampand t 0I5 rr MAl% P..4tt rtA ff n n!l Nznn nAuldn02012 aid nerd nest nn a vfl 2011 hi tnhllnat. b rnfcach narrl rPAkt rat A to pay the City tot cogs the city has <br />or (MI moron repair and rephee the Biggar A parking pom e ab'>eAo lIm ed co.e h,6ed inch parcel ThNg mart v.asimutlerred from Flaherty and CollnsoRenders,e he COR Ape e e,i.l CMIL be gale of the properly on Apn1920115n <br />Pet the amecmmt. 1 city is mmured to prepare abudget for faunal adopuou at Mast30 days prim Mcal mat-ond m br Notember 30 outlining the autmipatcd pmkaig mmutlnauce costa for the ucat faecal year and adgpt a neaolunau allocating the budgeted gorging maintenance cogs among the parcels pet the parcels <br />"Alloenlcl hare" <br />the enryys 2026 PSLng Romp Maintenance Budget s attached that also includes the calculation of each parcels (Messrs' shalt <br />Time FramdObscnvations/Altcrnath cs: <br />Per Seclons 7-9 of the PUMA, the city is required to establish an annual parking maintenance budget and allocate the respective shares to those parcels receiving benefit. <br />Funding Source. <br />the pails, ramp is fiiudedbethe budget of Gcucral Gommuttent Buildingsunderthe Cemrulluudmtl rho allocated shorclharped 0Resider the C01, Apartments, LLC for thou usa2c at 275 stalls m the paringuamp <br />Recommendation: <br />Apptonc atotcha1Rcaolueou r12S275 Adopegdic 2026 Barking Ramp Atm.:tame Budget <br />and <br />Appi o e al as.hea Resolution 425-276 Allot, ins she Parking amp Mai nten.mce Coats per the ndupied 2026 budget based on each parcel al loam,' Mare As otte lined <br />Outcome/Action' <br />Motion to Adopt Resolute on #25-275 Adopting the 2026 Parking Ramp Maintenance Budget <br />and <br />Motion to Adopt Resolute on #25-276 Allocate ng the Parking Ramp Maintenance Costs per the Adopted 2026 Budget <br />202t, Barg, Kamp Rti0got <br />Rego r125-275 Parking Koury Uudgct <br />Rego #25-236 Parking Rump Allocation <br />Attachmcno, <br />Form Rm new <br />Inbox Reviewed By Date <br />Bunn Hagen Brian Hagen 11/202025 12 34 PM <br />Bonn Started By Diana Lund Started (ln 1161362025 1136 AM <br />Final Apptut Al Dale 11 20/2025 <br />