The City of Lincoln Council is preparing to transform a former hotel site into a new city centre car park.
The new car park will be placed on St Mary’s Street, on the former Oxford Hall land.
The council entered negotiations with the owners of the land, who also run the adjacent car park, and these proved successful.
The City Council will hold a lease of three year for the land, with the extra possibility that the site owner may hand the over the neighbouring parking land to the authority also.
Under council management, the car park would charge shoppers similar rates to other council car parks in the city.
The current shopper tariffs for 2013 are £1.50 for an hour, £5.00 for four hours, and £7.50 for any time over four hours. Evening tariffs are a special £2.50 offer.
Having an extra car park in the city to entice shoppers would be part of the council’s strategic priority to help grow the local economy.
Proposals for the car park charges will go before councillors at a Council meeting in Guildhall on August 6 and are recommended for approval.