TRANSPORTATIONPENDING

Lansdale Parking Authority Meeting Minutes March 2026

Authority plans revisions to SEPTA shared parking agreement

$4,000 per year in initial term; $5,000 per year in second term (proposed for elimination going forward)Borough of LansdaleSEPTAMarch 24, 2026

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Description

Lansdale Parking Authority is preparing proposed changes to its long-term shared parking agreement with SEPTA for the parking garage. The revisions would formalize a long-term ParkMobile level, extend the agreement’s term to a potential 30 years, and attempt to eliminate the Authority’s annual fee to SEPTA.

Contract Details

Contract Amount

$4,000 per year in initial term; $5,000 per year in second term (proposed for elimination going forward)

Vendor

SEPTA

Agency

Borough of Lansdale, PA

Contract Type

TRANSPORTATION

Document Date

March 24, 2026

Contract Term

Existing shared parking agreement: initial 10-year term starting January 1, 2027, plus two 10-year extensions (maximum 30 years)

Renewal Date

2037-12-31

Renewal Info

Original agreement included an initial 10-year period plus two 10-year extensions; proposed revision resets a 10-year period starting January 1, 2027 with two additional 10-year extensions, maintaining a maximum 30-year term.