Mound's three-level parking deck
This entry was posted on 12/16/2006 5:03 PM and is filed under uncategorized.

I see Mound is moving forward with its three level parking deck. The Council has accepted a bid for $5.3 million to build it. I don't know how many spaces it will have, but if its 530, that works out to about $10,000 per parking space. I am sure there are reasons why its not really $10,000 per space, and that there are reasons this makes sense, and that this is all reasonable. I am not saying this is bad idea.
Let's say the government is building the ramp. It would be nice if each space generated $500 in tax revenues per year. This might be sales taxes, fees, or income taxes. A whole series of studies might indicate that this is going to happen. Some might say that new and increased local sales are now attributed to the existence of the new parking ramp.
There have been at least two disagreements over parking in Mound that I am aware of in past 15 or so years. Dakota Rail's lot across from the House of Moy was an issue, and well as the disappearing parking lot East of John's Pet & Variety, that some businesses thought they had paid for.