PARC shall have the following purposes and powers:
(A) All purposes and powers presently held by PARC pursuant to ordinance, statute, or by its articles of incorporation that do not conflict with the powers and purposes authorized by §§
32.500 through
32.502.
(B) (1) In order to service existing needs and demands of future new development efficiently, PARC shall have the power to acquire, own, operate, and finance parking facilities and equipment, including the power to sell bonds to finance its projects, all subject to approval by the Mayor, Metro Council and the PARC Board.
(2) Financial advisors; underwriters; bond, tax, or local counsels; consultants; or any other professional necessary for the issuance of bonds, shall require the prior approval of the Mayor and the PARC Board.
(3) PARC may develop a long-range parking strategy for public parking in the Central Business District and other areas within Louisville Metro.
(C) (1) The affairs and business of PARC shall be conducted by the Parking Authority Commission, a Board of seven members. The Commission shall consist of seven members, with four citizens residing in Jefferson County, with terms of four years each, appointed by the Mayor and approved by the Metro Council, and the Cabinet Secretary for Community Development or designee, the Chief Financial Officer of Louisville or designee, and the Executive Director of the Downtown Development Corporation or designee. At the death, resignation, expiration of term of office, or vacation of office in any other manner by any member of the Parking Authority Commission, who serves by virtue of their office, the Commissioner's successor in office shall immediately assume the position as a member of the Commission. Any Commission member, appointed by the Mayor and approved by the Metro Council, shall be immediately removed from the Commission if the member has missed three consecutive regular meetings of the Commission, without sufficient excuse accepted by the whole Commission. The Cabinet Secretary for Community Development or designee shall be the President of the Corporation. The Executive Director for Downtown Development or designee shall be the Secretary, and the Chief Financial Officer or designee shall be the Treasurer.
(2) In filling vacancies prior to the expiration of the stated term of membership, the appointment of a successor shall be for only the unexpired term. After the expiration of any term of office of any member, the member may continue to act legally as a member of the Commission until his or her successor has been appointed as herein provided.
(3) PARC shall be managed and administered by an Assistant Director who shall be appointed by and serve at the pleasure of the Mayor. The Commission shall approve the appointment of the Assistant Director by the Mayor.
(D) The Commission, in order to keep permanent staff requirements to a minimum, to assure professional operation, and to facilitate operator changes in the event of unsatisfactory performance may lease facilities to private operators or permit facilities to be operated under management contracts according to Commission-prescribed pricing and operational policies, subject to all other provisions of this section.
(E) The Commission shall have full powers to make bylaws and rules for the regulation and management of the affairs of PARC not inconsistent with the provisions of the articles of incorporation and the laws of the Commonwealth and Metro Government, and this subchapter, or the Parking Authority Commission may act without any bylaws.
(F) PARC shall have the authority to operate public parking facilities owned by Metro Government. PARC shall set rates for Metro Government owned and operated facilities. PARC shall have the authority to review proposals of public assistance, in whatever form, to private operators, developers, or owners of parking facilities, and to advise Metro Government prior to approval of such public assistance.
(G) (1) The cost of the permanent staff and operations of PARC shall be paid for out of parking revenues or other fees by Metro Government.
(2) All funds expended by PARC, including but not limited to operating, capital and debt service costs, shall be consistent with the Corporation’s annual operating and capital budgets, as amended from time to time, and as approved by the Mayor and Metro Council.
(H) The selection, hiring, retention, or contracting with any person, firm, corporation, partnership, or the like as employees, legal counsel, agent, consultant, executive director, manager or the like by the Commission shall be subject to the same ordinances, rules, obligations, restrictions or the like as any other board, commission, or agency of Metro Government, including but not limited to, Metro Government classification and compensation ordinance, affirmative action ordinance and procurement policies.
(1999 Lou. Code, § 32.151) (Lou. Ord. No. 158-1979, approved 11-3-1979; Lou. Am. Ord. No. 14-1981, effective 2-9-1981; Lou. Am. Ord. No. 225-1981, approved 11-30-1981; Lou. Am. Ord. No. 25-1984, approved 2-1-1984; Lou. Am. Ord. No. 5-1985, approved 1-20-1985; Lou. Am. Ord. No. 382-1986, approved 12-15-1986; Lou. Am. Ord. No. 68-1990, approved 3-15-1990; Lou. Am. Ord. No. 280-1991, approved 10-24-1991; Lou. Metro Am. Ord. No. 77-2003, approved 4-28-2003; Lou. Metro Am. Ord. No. 64-2005, approved 5-17-2005; Lou. Metro Am. Ord. No. 20-2009, approved 2-26-2009)
