This report provides information on the introduction of a revised pay and display tariff to apply in the Applegarth Short Stay Car Park in Northallerton.

In accepting the recommendation, the 1 hour free parking at the Applegarth Short Stay Car Park will be approved and the loss of income for 2014/15 of £94,640 will be funded from the Economic Development Fund.

The subject of the decision:

This report provided information on the introduction of a revised pay and display tariff to apply in the Applegarth Short Stay Car Park in Northallerton.  The Portfolio Holder for Economic Development and Finance informed Cabinet that the proposed date for the commencement of the new tariff had been brought forward to 1 October 2014 and that the projected loss of income of £94,640 was for a 12 month period.

Alternative options considered:

None.

The reason for the decision:

Cabinet was satisfied that the introduction of the revised pay and display tariff in the Applegarth Short Stay Car Park in Northallerton would support the Council’s priorities by putting customers first and providing access to high quality, value for money services that meet the needs of the communities and supporting local economic growth.

THE DECISION:

That it be approved that the 1 hour free parking at the Applegarth Short Stay Car Park be introduced with effect from 1 October 2014 and it be noted that the loss of income for a 12 month period will be a maximum of £94,640 which will be funded from the Economic Development Fund.