The city will start to raise hourly parking rates from $1 to $2 at 143 pay stations downtown and in the Exchange District today.
In July, city council voted to restrict on-street parking to two hours and raise rates on high-use downtown streets from a loonie to a toonie per hour. The move is expected to free up more on-street parking in the downtown area.
City officials say it will take about four weeks to upgrade the 143 pay stations in high-demand areas. The pay stations will be clearly marked to differentiate them from other pay stations.
All 667 on-street pay stations will be programmed and upgraded to allow them to accept new loonies and toonies. Once a coin acceptor has been upgraded, a decal will be applied adjacent to the coin slot to flag that the machine can accept the new coins.
In April, the city will start metered parking one hour earlier at all on-street pay stations and extend downtown evening metered parking until 8:30 p.m.