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# Park place becomes a better buy
- URL: https://www.smdp.com/park-place-becomes-a-better-buy/
- Published: 2006-06-27T15:00:00.000Z
- Updated: 2026-10-23T18:34:55.000Z
- Author: Guest Author
- Tags: Business, Santa Monica, #archive-import

The altering of license agreements from two decades ago may increase parking revenue for the city by $259,599 per year.

The City Council seeks a second modification to a license agreement from 1989 for the use of 325 parking spaces in the Civic Auditorium parking lot, at a license fee at $7.27 per space, according to city staff reports.

The Civic Auditorium provides parking for city employees, county employees, jurors, visitors to the courthouse, City Hall and Samohi special events.

The modification will simplify operations and policies for parking, including a provision for 25 reserved parking spots, limited used of the lot after permitted hours and an agreement for the county to pay for employee keycards.

*Originally published in the Santa Monica Daily Press print edition on June 27, 2006.* [Read the original PDF.](https://s3.us-east-1.amazonaws.com/smdp%5Fbackissues/062706.pdf?ref=smdp.com)