A sale of the Scott Street parking deck downtown to private developer John Bays is back on tonight’s Joliet City Council agenda.
The sale of the deck for $151,000 was to go to the council for a vote in February but was pulled for the sake of giving proper public notice of the sale and then put on hold when City Manager James Capparelli said he wanted to review the details of the sale.
Capparelli could not be immediately reached for comment Monday.
But the terms of the sale outlined in a staff memo do not appear to have changed.
Bays would get the three-level deck with 340 spaces at a price set according to what the city believes it would pay for a consultant’s assessment of its downtown parking facilities. Joliet has one other park deck downtown on Ottawa Street, but also operates several parking lots and street-side parking regulated by meters.
The city has not had an appraisal done of the deck and has not sought bids on the property at the corner of Clinton and Scott streets. But officials said the response from appraisers indicate the deck has no value because of the extent of repairs that are needed.
A consultant’s report in 2015 set the price of repairs at $915,000, and city officials say conditions have deteriorated since then.
Bays, who owns a dozen buildings downtown, has said he wants the deck to provide parking for his current tenants and future clients he hopes to attract downtown.
The sale would require Bays to maintain 50 spaces for public parking at the same rate the city charges at the Ottawa Street deck.
Bays would be required to honor existing parking permits, provide 20 spaces now made available to residents of the Louis Joliet Apartments, and abide by agreement now in space providing parking to condo residents in the Auditorium Building.
According to the staff memo on the sale, Bays is committed to making the needed repairs for the deck by July 2022.