Port Authority holds meeting for input on Cincy parking plan - Toledo News Now, News, Weather, Sports, Toledo, OH

Port Authority discusses parking lease with neighborhood leaders

HYDE PARK, OH (FOX19) -

The Port of Greater Cincinnati Development Authority held a meeting on Monday in Hyde Park to discuss the Cincinnati parking lease with neighborhood leaders.

Business owners and members of the Hyde Park Community Council attended the special session to voice their concerns about the parking deal. The Port Authority signed a lease with Cincinnati in June to oversee the management of both parking meters for the next 30 years and city-owned parking lots and garages for up to 50 years.

The lease will give the city $92 million up front and $3 million annually. The Port Authority has a 75-day window to finalize the lease agreement.

Some business owners have expressed worry about the change in hours of meter operation and the increase in neighborhood parking rates.

"The Port Authority is going through an extensive two-month, due diligence process. We're using the input to refine our recommendations to the city," said Port Authority Board Member Rick Greiwe about Monday's meeting.

The next meeting will be held at Port Authority's offices on E. Sixth Street downtown on Thursday at 6:15 p.m. 

The Port Authority expects to be able to release their recommendations to Cincinnati City Council by early September.

Copyright 2013 WXIX. All rights reserved.

  • Headlines from Lucas, Wood, Ottawa, Fulton & Monroe CountiesNewsMore>>

  • Supporters of the Affordable Care Act rally against possible repeal

    Supporters of the Affordable Care Act rally against possible repeal

    Friday, March 24 2017 12:12 AM EDT2017-03-24 04:12:04 GMT
    (Source: WTOL)(Source: WTOL)

    It's been seven years since President Barack Obama signed the Affordable Care Act into law. And for those affected or simply in support of the law, that was something worth celebrating.

    More >>

    It's been seven years since President Barack Obama signed the Affordable Care Act into law. And for those affected or simply in support of the law, that was something worth celebrating.

    More >>
  • First Alert Forecast: Temperatures to soar on Friday!

    First Alert Forecast: Temperatures to soar on Friday!

    (Source: WTOL)(Source: WTOL)

    Temperatures will soar into the low 70s on Friday. 

    More >>

    Temperatures will soar into the low 70s on Friday. 

    More >>
  • Toledo announces precautionary boil advisory due to malfunction

    Toledo announces precautionary boil advisory due to malfunction

    Thursday, March 23 2017 11:27 PM EDT2017-03-24 03:27:51 GMT
    (Source: AP Images)(Source: AP Images)

    An electrical malfunction in the High Service Pumping Station at Collins Park Water Treatment Plant resulted in uneven water pressure throughout the system this afternoon, according to Toledo city officials. 

    More >>

    An electrical malfunction in the High Service Pumping Station at Collins Park Water Treatment Plant resulted in uneven water pressure throughout the system this afternoon, according to Toledo city officials. 

    More >>
Powered by Frankly