TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager
SUBJECT: Board Policy 432 - District Operated Park and Ride Lot Pricing and Cost Recovery Policy
ACTION ITEM
RECOMMENDED ACTION(S):
Title
Consider review of Board Policy 432 - District Operated Park and Ride Lot Pricing and Cost Recovery Policy, with no revisions.
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
Having a clear and concise park-and-ride policy helps District staff maximize use of existing resources.
BUDGETARY/FISCAL IMPACT:
There is no budgetary or fiscal impact associated with this report.
BACKGROUND/RATIONALE:
The Park and Ride Policy, previously known as Board Policy 317, was adopted in February of 2012 and was previously amended in September 2017 to update it to the current format as part of the ongoing review of Board Policies. It was given the new Board Policy number of 432 at that time. Staff has conducted a review of the policy and does not propose any revisions at this time.
ADVANTAGES/DISADVANTAGES:
This report does not recommend a course of action with notable advantages or disadvantages.
ALTERNATIVES ANALYSIS:
Staff found no practical alternatives to the course of action recommended in this report.
PRIOR RELEVANT BOARD ACTION/POLICIES:
None
ATTACHMENTS:
1. Board Policy 432 - District Operated Park and Ride Lot Pricing and Cost Recovery Policy
Prepared by:
Lois Rawlings, Real Estate
Approved/Reviewed by:
Claudia L. Allen, Chief Financial Officer
Jill A. Sprague, General Counsel