Facilities

The Parking System presently consists of 11 parking garages, 34 off-street surface parking lots, 1 attended parking plaza and all on-street metered parking spaces in the City of Pittsburgh. Currently, 10 of the 11 garages are operated and managed by the Authority.

All but two (one in Oakland & one in Shadyside) of the Authority's 11 garages are located in the downtown Central Business District (CBD) of the City of Pittsburgh (the "Business District"). Also there is one attended parking plaza located downtown at Second Avenue.  The 34 surface lots are located throughout the City in the neighborhood business districts.

The Authority also currently controls 700 surface parking spaces located on the Monongahela Wharf , which is attended and adjacent to the CBD.

Pursuant to a Meter Revenue Agreement with the City of Pittsburgh, the Authority collects revenues from and installs and maintains over 6,000 on-street metered parking spaces in the City of Pittsburgh.  A portion of meter revenue is pledged, on an annual basis, as security for the Series 1992 A Bonds.  Also there are an additional 2,100 off-street metered parking spaces on which the Authority pays the Parking Tax.

Pursuant to a resolution approved by the City Council on October 6, 1986, beginning on January 1, 1987 all net revenues collected from parking on the Monongahela Wharf was pledged on an annual basis, as security for the Series 1985 Bonds and the Series 1992 A Bonds.