CLAREMONT — The City Council, in its capacity as Redevelopment Agency, last week unanimously approved a $360,950 plan to acquire more public parking space by buying a Bank of America parking lot.
It also agreed to fund the construction of 18 more spaces for the bank on the site of its unused drive-through facility.
City code requires the bank, at the corner of Yale Avenue and 4th Street, to have 27 parking spaces. In addition to 25 spaces on-site, the bank owns a 52-space lot across Yale, just north of Walter's Restaurant. That lot was appraised at $342,000.
Under the plan approved Tuesday, the city will buy the lot across Yale for $342,000 and will pay $10,000 for demolition of the drive-through--no longer permitted by city code--and construction of 18 spaces in its place. The rest of the money will go for legal fees.