|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
New Solar-Powered Parking System Implemented in Downtown Hot Springs
Jan 14, 2025 at 01:06 pm

HOT SPRINGS, Ark. (KATV) — A new solar-powered parking system has been implemented in downtown Hot Springs, replacing the old coin-operated meters. Deputy City Manager Lance Spicer said the change aims to provide a more managed approach to parking and increase city revenue.
"The coin-operated meters, they did malfunction a lot. A lot of times people don't have change, they don't have quarters, they don't have dimes and really what this does is take that out of the equation," Spicer said.
Visit Hot Springs reported that research from 2022 shows the city attracts over 3.6 million overnight visitors annually.
"Really the end result is we want to build another parking garage, parking facility with these revenues that we reinvest into the parking program," he said.
The community has expressed a need for more affordable and accessible parking spaces, Spicer said.
The new system divides the area into three parking zones, with enforcement from 8 a.m. to 8 p.m. Monday through Saturday, and the highest rate set at $2 an hour.
However, the system has upset some downtown residents.
City directors are considering a resident parking program, which could cost some residents living in the downtown area over $1,000 a year to park near their homes.
"I think it is completely wrong and a disgrace to the locals for you guys to even make people pay to work downtown," said Josh Stewart who lives in downtown Hot Springs.
"If the city wants to keep downtown vibrant and thriving, it needs to support its people by offering parking passes and ensuring fair treatment for those who make the downtown where it is," Stewart said.
"At this point, money is tight and it is difficult for us to come up with $260 a quarter," Erin Huddleston, a resident who also lives in downtown Hot Springs, said to city directors.
Tyler Draper, another Hot Springs resident, said if the rate for those living in the downtown area was lower, that would be an idea he could get behind.
"Our locals here, we are trying our best to make it better. Let's get the tourists. And when tourists do come here and they do talk to locals and we tell them, 'Hey we have actually got to pay to park down here,' those tourists are going to be like, 'Well I don't want to live there," Draper said.
The resident parking program has not been passed by the city's board of directors, as a few city leaders wanted to try and get rates lowered for those living in the area.
A decision on those rates could come in February.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
-
-
- Sei Network Redefines Blockchain Speed with Groundbreaking Parallel Transactions and Smart Collision Resolution
- Sep 04, 2026 at 03:55 am
- Sei Network's Optimistic Concurrency Control (OCC) is revolutionizing blockchain transaction processing by executing operations in parallel and efficiently resolving conflicts, leading to enhanced performance and a streamlined developer experience.
-
-
- Coinbase's Bold Move: Bringing Perpetual Stock Trading to US Shores Amidst a Converging Market
- Sep 04, 2026 at 03:55 am
- Coinbase is making waves by filing with the CFTC to introduce perpetual stock trading in the US, signaling a significant expansion beyond crypto into traditional finance, mirroring a broader industry trend.
-
- LinkersMap Achieves Global Milestone, Connecting 1,500 Merchants and Empowering Interlink's Ecosystem
- Sep 04, 2026 at 03:55 am
- LinkersMap hits 1,500 merchants globally, spanning six continents and integrating with the Interlink ecosystem. This milestone signifies growth and expanded reach for both platforms.
-
- Taiwan Paves the Way for Stablecoin Adoption with Robust New Regulations
- Sep 04, 2026 at 03:55 am
- Taiwan's Virtual Asset Service Act, effective early 2027, establishes a comprehensive regulatory framework for stablecoins, emphasizing full reserves and strict oversight, signaling a mature approach to digital asset integration.

































