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June 23, 2026 <br /> <br />Discussion: <br /> <br /> The Code amendment authorizes the City Manager to install not just parking <br /> <br />meters, but also mobile pay signage and stations. <br /> <br /> The amendment also adds High Street from Water Street to Effingham Street as <br /> <br />a paid parking zone. <br /> <br /> The amended parking rates provide that most parking will be free for the first 2 <br />hours. Exceptions include residential off-street lots (free all day) and the Civic Center, <br /> <br />City Hall, and Judicial Center spaces (no free period). <br /> <br /> After the free 2 hours, parking will be $3.00 per hour in the High Street zone and <br />$2.00 per hour in other pay spaces. Parking fees will only be charged between 8 AM and <br /> <br />6 PM Monday through Friday. <br /> <br />Financial impact: <br /> <br /> The fiscal impact of the revised rates and structure is uncertain and will be <br />monitored. <br /> <br />Recommended Action: <br /> <br /> Adoption of the ordinance. Strategic Pillar # 3: Economic Growth & Citywide <br />Revitalization. <br /> <br />Next Steps Following Council Action: <br /> <br /> <br /> The City and Parking Authority will continue the transition to a mobile pay system. <br /> <br /> <br /> The new rates will take effect on July 1, 2026. <br /> <br />Motion by Mr. Moody, and seconded by Mr. Hugel, to adopt the following <br />ordinance, and was adopted by the following vote: <br /> <br />“ORDINANCE TO AMEND AND REORDAIN ARTICLE IX (STOPPING, STANDING <br />AND PARKING) OF CHAPTER 22 (MOTOR VEHICLES AND TRAFFIC) AND <br />APPENDIX A OF THE CODE OF THE CITY OF PORTSMOUTH, VIRGINIA FOR THE <br />PURPOSE OF MODIFYING REQUIREMENTS AND FEES PERTAINING TO ON- <br />STREET PAID PARKING AND PARKING IN CITY OR PARKING AUTHORITY LOTS <br />AND GARAGES.” <br /> <br />Ayes: Bryant, Dodson, Hugel, Moody, Thomas, Tillage, Glover <br />Nays: None <br /> <br />- City Manager’s Report - <br /> <br />Consent Agenda: <br /> <br />26-152a: <br /> <br />Adoption of an ordinance to amend and reordain Divisions 5 (Rehabilitated Real <br />Estate) and 6 (Rehabilitated Real Estate in Urban Enterprise Zone) of Article III <br />(Exemptions from Real Estate Taxes) of Chapter 35 (Taxation) of the Code of the <br />City of Portsmouth, Virginia to modify the rules and requirements applicable to the <br />Rehabilitated Real Estate Assessment Credit Program. <br /> <br />Background: <br /> <br /> For several decades the City has maintained a Rehabilitated Real Estate <br />Assessment Program in accordance with Sections 58.1-3220 and 58.1-3221 of the <br />Virginia Code. <br /> <br /> The program incentivizes the substantial rehabilitation of properties by essentially <br />freezing the assessed value of rehabilitated structures at the assessment amount that <br />existed prior to the rehabilitation for a period of ten years from completion. Rehabilitated <br />properties located in an urban enterprise zone are eligible for an additional five-year <br />period during which the assessment credit is gradually reduced. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />