Parking could soon be an issue Downtown in the entertainment district as an ordinance expected to be proposed next week could mean 24 hour parking meters.
FOX13's Marius Payton spoke with the sponsor of the ordinance earlier today.
Berlin Boyd, the chairman of the Memphis City Council is sponsoring this ordinance expected to be introduced to council next week.
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He wants to get more revenue into the city, and he wants the patrons who frequent the entertainment district to pay for it.
Here's what he's looking to do. No more free street parking Downtown.
Meters will be enforced 24 hours a day. That includes weekends and holidays. Even at special events like the plays at the Orpheum and games at FedEx Forum will be a flat rate of $10.
Boyd told me in a way it's Memphis keeping up with the Joneses as other cities like Nashville and Atlanta do the exact same thing.
Boyd also explained another reason behind the need to garner more revenue.
"With the talk and the discussion of a possible de-annexation in different areas, the city may be in a 54 million dollar deficit come 2020 so I'm just looking at ways to garner additional revenue," said Boyd.
Boyd said the city could lose about $8 million a year through possible de-annexation even though nothing has been decided on that front.
He is still looking for ways to get more cash into the city's coffers.
We talked to a few people Downtown about the possible pay to park ordinance, and most were not happy.
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