Jan 20, 2015 2:18 PM by News Staff
The Chico City Council will vote Tuesday night on a proposal that would give Hotel Diamond the usage rights of 16 additional parking spaces in the downtown parking structure.
The hotel is hoping to gain exclusive rights to 10 additional parking spaces on the second floor and six shared-use spaces on the first floor. The spaces are currently meter spaces, but an expected increase in sales tax revenue generated by the hotel would cover the lost meter revenue.
The hotel is exploring expansion options, but would like to secure the additional parking spaces before committing to an expansion project.