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City Parking Service To Invest $10 Million Into Organization Of Paid

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  • City Parking Service To Invest $10 Million Into Organization Of Paid

    CITY PARKING SERVICE TO INVEST $10 MILLION INTO ORGANIZATION OF PAID PARKING ON YEREVAN STREETS

    YEREVAN, August 6. / ARKA /. City Parking Service (CPS), a company
    that will deal with organization of paid parking in the Armenian
    capital's streets, will invest $10 million into a relevant project,
    its director Vazgen Harutyunyan said today.

    In concert with Locator company the City Parking Service won a contest
    announced by the Yerevan municipality.

    "The program will be fully implemented by the end of 2014. By that
    time, we will create parking space , equipped with fixed and mobile
    cameras for 20 thousand cars," Harutyunyan said at a meeting with
    journalists. According to him, the parking space for the first 10
    thousand cars will be set up in the coming six months, and the rest -
    by the end of next year.

    He said the companies will install 2000 surveillance cameras to be
    connected to the fiber-optic network for collection, transmission
    and storage of data. Overall, there will be 5 thousand cameras.

    Harutyunyan also said that there will be a mobile surveillance system,
    consisting of vehicles equipped with video cameras able to fix the
    car license plate and pass it to the database in a digital format,
    as well as determine the cars whose drivers have not paid fines.

    Harutyunyan added also that the companies will not paid for damages
    caused to cars by force majeure incidents. However, the car owner
    will be entitled to request a copy of what surveillance cameras record.

    According to him, paid parking service will be extended from the
    downtown Yerevan to all its administrative districts. Payments will
    be made only through terminals, banks, as well as text messages.

    The first five minutes of parking will be free. The cost of one hour
    parking is 100 drams (about 25 US cents), that of one day is 500
    drams (about $ 1.2), the cost of a weekly parking is 1000 drams ($
    2.4), of r a month is 2000 drams ($ 5). The cost of annual parking
    is 12,000 drams (about $ 30). Some vehicles, such as ambulances,
    will not pay for parking. -0-

    - See more at:
    http://arka.am/en/news/economy/city_parking_service_to_invest_10_million_into_org anization_of_paid_parking_on_yerevan_streets/#sthash.D07KDHfq.dpuf

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