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288 granting a tax exemption. Ms. Daugherty stated that she would support granting MACAA $200,000 but would prefer to find an alternative to granting a tax exemption. APPROPRIATION: $200,000 - MACAA FOR PURCHASE OF YMCA PROPERTY On motion by Rev. Edwards, seconded by Ms. Daugherty, an appropriation of $200,000 as a grant to MACAA for purchase of the YMCA property, to betaken one-half from the FY 92/93 capital improvement fund and one-half from the FY 93/94 capital improvement fund, contingent upon the project moving forward, was offered and carried over to the next meeting for consideration~ REPORT: RELOCATION OF CITY MARKET Mr. Bob Critzer, Supervisor of Special Activities in the Department of Parks and Recreation, and Chairman of the City Market Site Selection Committee, explained that a new site for the City Market had been sought due to the tremendous growth of the market and safety issues at the Carver site. Mr. Critzer stated that the Committee recommended that the city-owned parking lot on Water and 1st Street be used for the City Market for a one-year trial basis on Saturdays only. Mr. Critzer stated that both City Market vendors and downtown businesses which were polled supported the recommendation. Mr. Critzer stated that the eventual goal is to have a first class market which operates four to five days a week. Mr. Critzer stated that if Council is supportive of the recommendations then the matter will be taken to the Board of Architectural Review and site plan approval will be sought. If successful, Mr. Critzer stated that the Committee may ask that the Urban Design Plan be amended to designate the block as an urban park with the potential for retail shops in the future on the Water Street side of the lot. Mr. Hendrix explained that no formal action was required by Council but it was the consensus of Council to support the recommendation for a one-year trial basis. RESOLUTION: APPROVING PERMIT PARKING ON ESTES STREET Mr. Hendrix stated that all requirements for permit parking on Estes Street had been met. On motion by Ms. Slaughter, seconded by Rev. Edwards, the resolution approving permit parking on Estes Street was unanimously approved by Council. WHEREAS, residents of Estes Street have requested that City Council designate that street as a restricted parking block~ and WHEREAS, .in accordance with the permit parking regulations, the City Traffic Engineer has conducted on street parking surueys and mailed notice to all residents of the affected area that Council will consider designating such area as a restricted parking block~ and WHEREAS, the surveys have shown that at least 75% of the total number of on street parking spaces in the proposed restricted parking block were occupied, and at least 50% of the total number of on street parking spaCes in that block were occupied by commuter vehicles~ and WHEREAS, Council has considered: (a) the purpose and intent of the permit parking ordinance and regulations; (b) the alternate means of transportation, if any, to and from the restricted parking blocks being established;