Port Moody to start paid parking in popular areas
Next month, Port Moody residents and visitors will be charged between $1.50 and $2.25 an hour for parking at five areas in the city.
The City will officially start enforcing the parking bylaw on Sept. 16, and people can expect to pay for parking at:
- Rocky Point Park parking lots (with the exception of the Rocky Point Boat Launch parking lot)
- Esplanade Avenue from Rocky Point Park to Murray Street
- Murray Street from Columbia Street to the 2900 block
- Ungless Way from Noons Creek Drive to Guildford Way
- Suter Brook Village
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From September to May at Rocky Point Park, Esplanade Avenue and Murray Street, paid parking will be $1.50 per hour from 7 a.m. to 7 p.m. The price will increase to $2.50 per hour up until 11 p.m. from June to August.
Paid parking at Suter Brook Village and Ungless Way will cost $2.25 an hour from 7 a.m. to 6 p.m all year round.
Introducing paid parking is intended to encourage turnover at popular destinations and align with Port Moody’s climate goals by encouraging folks to take alternative transit (such as biking, buses or walking). It also will increase city revenue.
“We’re not trying to gouge our residents here,” said Coun. Kyla Knowles at an April council meeting, where council approved the parking implementation plan.
“I really hope this leads to increased turnover for our businesses, for our residents, and improved traffic control. So let’s give it a shot,” she said.
City staff estimated that the city will earn over $550,000 per year, conservatively, with a net revenue of $85,000 to $200,000 (after subtracting taxes, fees, contracts with parking vendors, and additional staff salaries).
Veterans, folks with accessible parking permits and city staff using parking spaces for work are exempt.
