Metered Parking Spaces definition

Metered Parking Spaces means those on-street parking spaces or curb areas for which, during periods of time, Metro requires the payment of a Metered Parking Fee for parking a motor vehicle or other use at that space or place for a limited period of time and such designation is effective for all purposes of this Agreement notwithstanding that Exempt Persons using that parking space or place may be exempted from paying the Metered Parking Fee otherwise applicable to members of the general public.

Metered Parking Spaces means (i) those spaces or places that the City designates from time to time as parking spaces or places where, during certain periods of time, the City requires the payment of a Metered Parking Fee for parking a motor vehicle at that space or place for a limited period of time and such designation is effective for all purposes of this Agreement notwithstanding that Exempt Persons (such as Persons with disabilities) using that parking space or place may be exempted from paying the Metered Parking Fee otherwise applicable to members of the general public; and (ii) Commercial Loading Zones. Unless otherwise agreed to in writing by the City, each Metered Parking Space (other than Commercial Loading Zones) shall have a length of no less than 18 feet but no more than 22 feet; provided, however, that if such Metered Parking Space is adjacent to only one other Metered Parking Space, it shall be no less than 17 feet in length. The length of each Commercial Loading Zone shall be the length of the area designated for such Commercial Loading Zone on its respective Block.

Examples of Metered Parking Spaces in a sentence

• The Concessionaire shall be obligated to install promptly Metering Devices with respect to all newly designated Concession Metered Parking Spaces and Reserve Metered Parking Spaces.

• The addition of or the removal of Concession Metered Parking Spaces and Reserve Metered Parking Spaces by the City (including any direction to install or remove Metering Devices) is not a City Directive and shall not result in Concession Compensation, but shall be governed by the provisions of Article 7.

• As provided in Section 7.2(c), the installation of Metering Devices for Reserve Metered Parking Spaces shall be at the sole cost and expense of the City.

• The amount of the fines imposed for violations with respect to Metered Parking Spaces shall be established by the City and revised from time to time as necessary to deter parking violations.

• The installation and removal of Metering Devices with respect to Reserve Metered Parking Spaces shall be undertaken by the Concessionaire at the cost and expense of the City.

• As used in this Section 2.4(a) and in Section 2.5(i), a material casualty loss to the Metered Parking System means the casualty loss of not less than 500 Concession Metered Parking Spaces such that those Metered Parking Spaces are not available as spaces for parking motor vehicles and collecting Metered Parking Fees.

• No indebtedness for borrowed money of the City is or will be secured by any right or interest in the Metered Parking System or the revenues or income therefrom (other than (i) the revenues payable to the City from the operation of Reserve Metered Parking Spaces and (ii) revenues and income to be derived after the End Date) and no judgment lien exists or shall exist in any revenue derived from or generated with respect to the Metered Parking System.

• Metered Parking Spaces in Designated Municipal Lots and/or Public Streets; Fee.

• The Concessionaire shall be obligated to pay all other costs and expenses related to the installation of Metering Devices for Concession Metered Parking Spaces, including, but not limited to, any required installation of a new Metering Device pursuant to Section 4.3 and any reinstallation of a Metering Device after a Required Closure.

• If in any Reporting Year, the aggregate invoiced acquisition cost of all Metering Devices placed in service during such Reporting Year with respect to Reserve Metered Parking Spaces exceeds the Acquisition Cost Limitation for such Reporting Year, then the City shall reimburse the Concessionaire for any such aggregate invoiced acquisition cost in excess of the Acquisition Cost Limitation for such Reporting Year.