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Item 4IItem 4I 1st reading of Ordinance 904, Valet Parking on Public Streets Background City staff has been approached by Cooper & Stebbins and Dallas Valet Services, Inc. to permit valet parking in the Grand Avenue Phase of Southlake Town Square Complimentary valet parking can currently operate on private parking without a permit on the city Texas Transportation Code Truluck’s Grand Ave. Plaza Pl. Valet Parking stand Summary of Proposed Amendment Process for Valet Parking Permit Ordinance establishes standards for operating a valet service Annual fee is $500 and $50 for each parking space over 2 spaces in the public right-of-way. Summary of Proposed Amendments Establishes 2 separate offenses for violations of the ordinance: Operating a valet parking service without a license or with an expired license Violating the scope of an approved valet parking permit Other requirements include the provision of insurance and specifying location of valet parking stands and spaces. Questions? Please Contact Ken Baker Director of Planning at ext. 8067