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Increases of 2%, 5% and 20% were also implemented in 2001, 2003 and 2005 respectively to assist in funding increased operations and maintenance costs such as improvements to parking lots B and C which were in excess of $13M, as well as projected future Parkade development as recommended in previous Campus Planning and Development studies.
The current cost of parking for Lot C is $33/month that includes PSI and GST or approximately $1/day.
The cost of parking in reserved parking structures is $82/month or $2.73/day.
As parking is an ancillary operation, parking lot maintenance, enforcement and related security is funded through parking revenues, as is expansion and construction of new ...
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