The city of Santa Barbara has announced a significant reduction in the Monthly Commuter Permit rate for Lot 2 (Chapala Garage).

Effective July 1 the rate has been lowered from $165 to $95, saving permit holders $70 per month.

“The rate reduction reflects the city’s commitment to expanding access to affordable downtown parking while supporting local businesses, employees and visitors,” officials said.

Lot 2, with entrances on Canon Perdido Street and at 914 Chapala St., is convenient to businesses, restaurants, offices and entertainment, the city noted.

“The new rate makes monthly parking a more economical option for those who park downtown on a regular basis,” the city said.

For more about Lot 2 monthly parking permits, visit Parking Permits, or call the Downtown Parking Office, 805-564-5656.