The minimum amounts required for on-street parking at meters and surface parking lots will change in response to concerns from the business community.
City Council decided on Monday night to reduce the minimum amount required to start a parking session at an on-street meter, and in surface lots.
After ratification by City Council on June 24, parking rates in all lots and on-street spaces will change, with the minimum rate being 50 cents for 15 minutes. Parking in metered lots and on-street spaces, including at the Marina, will be pro-rated at 50 cents for 15 minutes, or $2 per hour. Parking at Market Square will be 75-cents for 15 minutes, or $3 per hour. These rates are as approved by Council earlier this year in the Parking Financial Plan.
“This new rate gives people more flexibility when parking in our downtown cores,” said Jonathan Paske, Supervisor – Municipal Parking Services.
Additional security measures are already being investigated for the Waterfront Parkade, including enhanced security patrols, and improved lighting on all levels. There is also the possibility of adding more security cameras to the parkade to improve security.
To learn about parking rates and options, visit www.thunderbay.ca/parking
