As expected, Capital City Development Corporation's Board of Commissioners voted today to allow CCDC's new executive director, Anthony Lyons, to begin negotiating for a new operator of the agency's six downtown parking garages. The current year's contract budgeted $3.8 million in annual income from the parking operations - that represents 25 percent of CCDC's total annual revenue.
The current operator, Republic Parking Northwest, is under a contract that expires on March 31. But CCDC commissioners want Lyons to negotiate with Ampco System Parking, which rated higher in a review conducted by a panel comprised of CCDC staff, Karen Sander, executive director of the Downtown Business Association, and Dave Krick, downtown business owner.
If negotiations with Ampco break down, CCDC's second choice would be Standard Parking. Its third choice was Diamond Parking while Republic came in fourth.