From the CIty of Tyler Communications Office:
TYLER - During their meeting on Wednesday, Nov. 10, the Tyler Development Authority unanimously approved a proposal from Walker Parking Associates to perform a parking study in downtown Tyler.
The parking study is being conducted as a preliminary step in improving downtown parking and will be comprised of three components:
• a parking supply and demand study,
• a parking alternative analysis, and
• a preliminary financial analysis.
The $34,200 required to complete this study will be paid for from funds collected from the Tax Increment Reinvestment Zone (TIRZ) Number Two (Downtown) and funds that were donated specifically for this study.
“It is exciting to see the first collections from the Downtown TIRZ put to use,” commented Tyler Mayor Barbara Bass. “This is exactly the type of project we envisioned when we it was conceptualized – a project that will help spur private reinvestment in the zone.”