Title
Temporary Parking License Agreement with Translational Genomics Research Institute Amendment (Ordinance S-50545)
Description
Request to authorize the City Manager, or his designee, to enter a temporary parking license agreement with the Translational Genomics Research Institute (TGen) for temporary parking staging needs. Further request to authorize the City Treasurer to accept all necessary funds related to this item. There is no impact to the General Fund as a result of this action.
Report
Summary
The Community and Economic Development Department (CEDD) manages the property at the southwest corner of Fillmore and 7th streets currently developed as a surface parking lot. The property does not have a dedicated parking use, but is occasionally used to support development activities in the Phoenix Biosciences Core. In June 2023, City Council authorized a temporary parking license agreement with TGen for the temporary parking of a mobile testing unit, MindCrowd. The mobile unit utilizes online 'games' to assess brain health and insights for brain diseases, including Alzheimer's disease. Due to the success of the program, TGen has extended the program's time frame. The mobile testing unit is expected to require up to seven parking spaces.
Contract Term
The term of the license will be one month, with month-to-month extensions at the City's sole discretion. There is no limit to the number of extensions the City may authorize.
Financial Impact
The license fee will be based on market rent and/or other valuable consideration, and any fees received will be deposited into the City's Genomic Facilities and Operations Fund. The current monthly parking rate is $47 per space per month.
Concurrence/Previous Council Action
City Council previously approved a Temporary Parking License Agreement (Ordinance S-49988) on June 28, 2023.
Location
Southwest corner of Fillmore and 7th streets
Council District: 8
Department
Responsible Department
This item is submitted by Deputy City Manager John Chan and the Community and Economic Development Department.