Parking Board approves 50-space Elm Street condo deal
The Off-Street Parking Board unanimously approved a 10-year agreement letting residents of a new affordable condo building rent 50 Pearl Elm garage spaces.
In this report: Key decisions · Full report · Sources
What happened
The board unanimously approved a 10-year agreement with 22 Elm Street, LLC for 50 non-reserved spaces at the Pearl Elm garage. Fiscal 2026 net income was negative $123,383, and no rate change was voted; staff will bring monthly rate recommendations to the next meeting. No action was taken on the Union Station garage waterproofing project, which is out to bid with bids due Nov. 4.
Key decisions
- 📝 50-space Pearl Elm parking agreement for 22 Elm Street. The board approved a 10-year agreement with 22 Elm Street, LLC for 50 non-reserved spaces at the Pearl Elm garage. Either party may end the deal on 30 days' written notice. (Vote unanimous). Read case details
Research this meeting with Townbrief AI: “Under the Pearl Elm parking agreement with 22 Elm Street, LLC, what happens if the owners want more than 50 spaces?” Ask this question
Full meeting report
The complete, section-by-section account of the meeting, 1,249 words, for members.
Checked against the record: before publication this article was automatically compared with the meeting transcript.
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