The Ferndale City Council on Monday revisited a topic that was first put on their agenda in 2006-the shortage of available parking on the west side of the city. At the time of the initial parking study, it was first proposed to build a parking structure on the Withington Parking Lot. It was estimated at that time that the structure would cost around $7.5 million.
Fast Forward to 2010, and the Ferndale City Council is still talking about the need for this parking structure. The Downtown Development Authority and the City Council are working in tandem to try and find ways to pay for the structure, still due to be built on the Withington site as originally planned.
The city council doesn’t appear to be that much closer to deciding how to pay for this parking structure, although proposals have been made to divert parking ticket revenue and other revenues into the general fund to offset building costs. At the moment, the council’s best bet appears to be the consideration of a private/public combined venture with a local developer.
City of Ferndale, “Regular Meeting Oct. 11, 2010-Agenda.” Ferndale-mi.granicus.us