With the completion of the Main Street Plan
the Town explored ways to make the Plan become a reality. One of the major issues noted in the Main Street Plan was the lack of comprehensive snow management and parking strategies. To respond to this issue the Town completed a Parking and Snow Management Feasibility Study
in July of 2014 to look at ways to address funding for parking and snow management throughout the Main Street area and the rest of town.
The Parking and Snow Management study made several recommendations for funding improvements to parking and snow management functions in Mammoth Lakes. Two of the recommended actions were to form a Property-Based Improvement District (PBID) and/or an Infrastructure Financing District (IFD). (Please note that Infrastructure Financing Districts were the subject of recent changes by the State of California and are now called Enhanced
Infrastructure Financing Districts (EIFDs)). The Town Council directed staff to move forward with a consulting contract to explore these two funding options but did not allocate any funding to the project and recommended that the private sector fund the process. The Town received donations in excess of $12,000 which has allowed the Town to enter into a limited contract with Jamie Licko of Centro Inc. to assist in this work effort.
Although the Parking and Snow Management Study recommended forming both a PBID and an EIFD, because of funding limitations and participant interest, staff will be exploring only an EFID at this time. There may be exploration of a PBID in the future and, if so, staff will bring that discussion to the Town Council for consideration.