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Subject: Communication from the Monument Square Art Festival Board of Directors requesting permission to rent Lakefront Lot No. 5 for the Monument Square Art Festival on Saturday, June 1, 2013 and Sunday, June 2, 2013 to provide parking for the participating artists. (Res. No. 13-0198)
Recommendation of the Transit and Parking Commission on 04-24-13: The Monument Square Art Festival Board be granted permission to lease Lakefront Lot No. 5 on Saturday, June 1, 2013 and Sunday, June 2, 2013. Permission is subject to payment of the lease costs for the parking lot in accordance with existing policies and subject to the execution of a hold harmless agreement with the City that will require a $75.00 processing fee.
Fiscal Note: The agreement will generate $280 per day for the two days for a total of $560.00 for the Parking System.