New Canaan town officials on Tuesday voted in favor of spending $50,000 on two contracts with a Moorestown, N.J.-based company for new parking payment machines.
— This article originally was published by NewCanaanite.com.
The Parkeon machines—two for the Talmadge Hill Train Station lot ($19,790 total) and three for the Elm Street lot downtown ($29,440)—collect money that then goes into standalone parking funds.
Specifically, Parking Superintendent Stacy Miltenberg told members of the Board of Selectmen at their regular meeting, funds collected at Elm Street go into a state “Railroad Fund” that’s used maintain the 2.7-acre state-owned property around the tracks.
Talmadge Hill is owned by the town, and revenues collected there go into a town parking fund, she said in response to a question posed by Selectman Kit Devereaux.
The machines themselves need replacement because they’ve “reached their lifespan,” Miltenberg said during the meeting, held at Town Hall.
“They are over 10 years old and they are starting to malfunction, so instead of putting replacement parts — which are costly — into old machines, we are requesting to replace those machines with new ones,” Miltenberg said.
Devereaux, First Selectman Kevin Moynihan and Selectman Nick Williams voted 3-0 in favor of the contracts.
Miltenberg added that each machine includes a $45 monthly management fee for Parkeon for “back-office services.”