Amend TRN 3.450 - Transportation Fee Schedule to establish an event parking rate within the Lloyd Event District and Zone V Parking Permit Area

The City of Portland ordains.Section 1. The Council finds:On-street parking management is an important tool for managing parking demand, supporting neighborhood livability, reducing traffic congestion, and discouraging reliance on single-occupancy automobile trips.On April 20, 2022, City Council adopted Ordinance 190785 authorizing the Portland Bureau of Transportation (PBOT) to implement the Lloyd Event District to manage parking and transportation impacts associated with large events at the Moda Center, Veterans Memorial Coliseum, and Oregon Convention Center.Ordinance 190785 established the use of increased meter rates and extended enforcement hours as parking management tools within the Lloyd Event District and directed that future meter rate adjustments follow the Parking Management Manual and be completed through the Portland Bureau of Transportation Fee Schedule.On June 12, 2024, City Council adopted Ordinance 191775 authorizing the Eliot Area Parking Permit Program, now known as the Zone V Parking Permit Area, to prioritize on-street parking for Eliot residents and their guests and restrict parking by event attendees spilling into the neighborhood from events in and around the Moda Center and Veterans Memorial Coliseum.Ordinance 191775 authorized PBOT to evaluate the Zone V program and make changes or expansions without further Council action when supported by data, including parking demand, traffic volumes, permit utilization, and conditions in areas adjacent to the permit area.The Zone V Parking Permit Area began operating in October 2024, using time limits and residential parking permits to prioritize parking for residents and their guests during periods of significant event-related parking demand.PBOT evaluated the Zone V Parking Permit Area in 2025 and determined that the permit program was not operating effectively using time limits alone because those regulations did not sufficiently discourage event attendees from driving and parking in the Eliot neighborhood.In response to the 2025 evaluation, PBOT modified the Zone V program so that, beginning December 31, 2025, the Lloyd Event District expanded into the Zone V Parking Permit Area. When the Lloyd Event District is active, motorists without a Zone V permit are required to pay to park, and Zone V parking restrictions operate during the days and hours in which the Lloyd Event District is active.The combination of the Lloyd Event District and Zone V Parking Permit Area serves complementary purposes. The Lloyd Event District uses parking pricing to discourage event-related automobile trips and manage parking demand, while the Zone V Parking Permit Area prioritizes on-street parking for Eliot residents and their guests.The TRN 3.450 - Transportation Fee Schedule, Exhibit A currently establishes an hourly rate of $5.40 for "Event Parking – Moda Center/Convention Center." That rate currently applies both within the Lloyd District and within the portion of Eliot where the Lloyd Event District overlaps the Zone V Parking Permit Area.Parking within the Zone V Parking Permit Area serves a predominantly residential neighborhood immediately adjacent to major event venues. PBOT finds that applying a higher event parking rate within the portion of the Lloyd Event District and Zone V with the highest demand will better discourage event attendees from seeking lower-cost parking in Eliot, reduce event-related parking demand, and further the purpose of prioritizing available parking for Eliot residents and their guests.Off-street parking facilities in and around the Rose Quarter generally charge substantially higher rates during major events, creating an incentive for event attendees to seek less expensive on-street parking in nearby residential areas.Recent data collection indicates a peak parking occupancy rate of 96%. Consistent with the guidance provided in the Parking Management Manual, the parking rate for visitors and event attendees should be $8 per hour to support parking objectives, including managing parking demand and reducing traffic congestion. This hourly event rate will also reduce the price differential between neighborhood on-street parking and other event-parking options while remaining below many nearby event-parking prices. This rate will be evaluated once, and up to twice, a year based on parking occupancy.The draft N/NE Parking Management Action Plan, developed through collaboration with the Boise Parking Stakeholder Advisory Committee, Eliot Parking Task Force, neighborhood residents, businesses, and other stakeholders, identifies the area of Eliot affected by the Lloyd Event District and Zone V Parking Permit Area as requiring additional flexibility to manage event-related parking demand.The draft N/NE Parking Management Action Plan recommends that, upon future Council adoption of that plan, a Restricted Event Area be established in Eliot where residential parking permits and higher hourly parking rates can work together to prioritize parking for residents and further reduce demand from event attendees.Establishing a separate Event Parking – Eliot/Zone V fee classification at this time provides an interim pricing strategy consistent with the direction contemplated by the draft N/NE Parking Management Action Plan without adopting that plan or establishing a new Parking Area Management Plan under Portland City Code Chapter 16.35.If Council adopts the N/NE Parking Management Action Plan in the future and establishes a Restricted Event Area, PBOT may return to Council as necessary to revise the Transportation Fee Schedule, geographic description, terminology, or applicable rates to the adopted plan.The Bureau's level of confidence in the cost estimates for this project is moderate. The cost estimates are conservative and based on 2026 parking data from this neighborhood and current payment compliance levels.NOW, THEREFORE, the Council directs:TRN 3.450 - Transportation Fee Schedule, Exhibit A – Parking Fees, Rates and Charges, is amended to establish the following parking rate, and attached as Exhibit A:Event Parking – Eliot/Zone V $8.00The Event Parking – Eliot/Zone V rate shall apply only when the Lloyd Event District is active and only to pay-to-park public parking spaces located within the geographic area where the highest demand is located within the Lloyd Event District and Zone V Parking Permit Area, as shown in Exhibit B.The existing "Event Parking – Moda Center/Convention Center" rate established in TRN 3.450 shall continue to apply to the remaining pay-to-park public parking spaces within the Lloyd Event District.Future rate adjustments will be completed as part of the annual budget process included in the Portland Bureau of Transportation Fee Schedule.