As of the time of this report, RockTech has 26 staff in Garage 1, paying fees. With 26 current parkers and 39 spaces being held, the current monthly revenue from the signing of this agreement will be$3,510, plus HST; or $42,120 annually.
Once all 65 spaces are occupied, the total revenue using 2020 rates will be $6,500 monthly or $78,000 per year, notwithstanding any future parking rate increases.
Consultations:
Legal
Finance
Conclusion:
Administration recommends the City enter into an agreement for parking with RockTech Solutions Canada at the agreed upon rates.
Planning Act Matters:
N/A
Approvals:
| Name | Title |
|---|---|
| Natasha Couvillon | Manager, Performance Financial Administration Measurement& |
| Dwayne Dawson | Executive Director of Operations |
| Mark Winterton | City Engineer |
| Shelby Askin Hager | City Solicitor |
| Joe Mancina | Chief Financial Officer/City Treasurer |
| Onorio Colucci | Chief Administrative Officer |
Notifications:
| Name | Address | |
|---|---|---|
| Kevin Bopp, VP, Parking & Mobility | kevinbopp@bedrockdetroit.com |