City of Surrey's 2021 - 2025 Financial Plan

PARKING AUTHORITY

FUTURE INITIATIVES, GOALS & OBJECTIVES

ECOSYSTEMS

• Implement Action Plan for multi-year City-wide Electric Vehicle Strategy and Low Carbon Fleet Strategy to assist with achieving the City's climate targets; • Install three DC Fast Chargers at community facilities in 2020 with cost- sharing Federal/Provincial funding programs; • Install fourth DC Fast Charger in Cloverdale public parking area in collaboration with BC Hydro to supplement the popular King Street Alley charger location; • Install first 10 of 40 dual charging port Level 2 EV chargers in conjunction with Clean BC/Infrastructure Canada grant program; and • Continue community outreach in support of EV car share programs in collaboration with non-profit agencies and public/private sector funding partners.

Signet Museum EV Charging Station

ECONOMIC PROSPERITY & LIVELIHOODS

• Explore financial opportunities and options to implement expansion of the City’s EV charger network; and • Explore expansion of developers’ options for payment-in-lieu of parking, and transportation demandmanagement options for future rapid transit corridors.

BUILT ENVIRONMENT & NEIGHBOURHOODS

• Develop occupancy-based policy for changes in parking regulations and metering; and • Explore Parking Ratio requirements and TDM options for Rapid Transit corridors to support increased transit ridership.

City of Surrey | 2021—2025 Financial Plan | Utilities Operating Fund | Parking

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