City Council unanimously approved ordinances on second reading last week that will dissolve the Parking Authority and fold parking services into a Parking Utility within City Hall by the end of this year.
The Rahway Parking Authority expects to generate $1.7 million in revenue this year with expenses of about $1.5 million, for an expected surplus for at least the eighth consecutive year.
The Parking Authority will be dissolved and parking services in the city would be shifted to a Parking Utility, under legislation introduced earlier this month by City Council.
City Council moved ahead with a number of traffic measures during its regular meeting Monday night, including authorization of a traffic calming toolkit and final approval to create a four-way, flashing stop sign at West Lake and Madison avenues.
Residents and business owners along Bridge Street have appealed to City Council to restrict parking in order to deter a dangerous situation on a narrow street overrun by commuter parking.
Two business owners raised the questions and concern about the availability of of downtown parking during Monday’s regular, public meeting of City Council.