Council Minutes - Town of Cambridge

COUNCIL MINUTES
TUESDAY 20 DECEMBER 2011
A comprehensive analysis has been undertaken in regards to the application of cash-in-lieu for
parking. The study recommends applying a uniform formula to all developments seeking cashin-lieu
for parking that incorporates both the cost of land and the true cost of construction for
each parking bay. The relationship of this proposed cash-in-lieu formula and the parking ratios
specified in the Off-Street Parking Policy will be important.
The parking principles and strategic directions that have arisen from part one will be used to
inform the second part of the study. Part two of the study will involve:-
Applying recommendations identified in part one that are common to all four centres.
Assessing potential sites for additional public parking facilities (including an assessment
of suitable streets for the expansion of on-street parking).
Creation of public parking station templates to define the most effective and desirable site
for public parking.
Provide indicative parking capacity for each centre.
Prepare examples for each centre applying the proposed cash-in-lieu formula to calculate
contributions for potential public parking sites.
Preparation of a prioritised Action Plan for each centre.
POLICY/STATUTORY IMPLICATIONS:
The Access and Parking Study forms part of the review of Town Planning Scheme and will
inform the review of the Town's Off-Street Parking Policy and future application of cash-in-lieu
for parking.
FINANCIAL IMPLICATIONS:
The cost for Luxmoore Consulting to undertake both part one and two of the Access and
Parking Study is covered in the Town Planning Scheme Review Budget 2011/12.
Future management of parking and access demand will require informed investment of Council
funds. Revenue sources could include cash-in-lieu contributions, income from paid parking and
parking fines.
STRATEGIC DIRECTION:
The Access and Parking Study is consistent with priority area: Planning for Our Community of
the Town's Strategic Plan. In particular, our goals for 'Transport Options' (facilitated through
aligning parking strategies to land use) and 'Attractive and Diverse Shopping and Business
Areas' (supported by the development of place-specific plans for commercial areas).
COMMUNITY CONSULTATION:
The matter has been assessed under the Community Consultation Policy. Community
consultation is not necessary at this point, however, further consideration will need to be given
to this matter when the study is completed.
During the first part of the study a stakeholder workshop was held (advertised through the
Cambridge News and on the Town's website) and was attended by interested residents,
business owners, property owners, developers and real estate agents. Their comments and
feedback have informed the study.
H:\CEO\GOV\COUNCIL MINUTES\11 MINUTES\DECEMBER 2011\B DV.DOCX 107