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Sarasota Monday, Oct. 5, 2009 5 years ago

Commission to vote on $605,000 parking deal

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by: Robin Roy City Editor

City Commissioners will vote today on a proposed $605,000 agreement with the Sarasota Opera concerning the coming Palm Avenue parking garage.

The opera has agreed to release the 1.5-acre parking easement between the back of its building and the lot where the garage will be built.

In exchange, the city would give the Sarasota Opera $605,000 in TIF funds and an annual allotment of 1,077 parking permits in the garage for three years.

The opera would then receive those parking permits at a cost of $45 to $50 each for the next seven years.

Contact Robin Roy at rroy@yourobserver.com.

 

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