Starting Monday, residents and visitors can use Beverly Hills’ newest parking garage at 450 N. Crescent Drive, which offers approximately 470 spaces and three electric vehicle charging stations.  “Thanks to efficient planning, the city has saved $7 million—a 15 percent reduction in total cost—for this garage,” Mayor Barry Brucker said at Thursday’s ribbon-cutting ceremony for the three-level structure. All council members were present for the event. The day rates for the city-owned lot are $1 per hour for the first two hours and $3 per hour thereafter, with a max rate of $22. There is a $5 flat rate for parking after 6 p.m. and a monthly rate of $125 when available.  “A proud first for the city are the electric car charging stations located on every level of the garage,” Brucker said. There is currently no additional cost to use the charging stations. The garage also features an underground, energy-efficient water irrigation system as well as some green space with park benches. To find the locations of other city-owned lots in Beverly Hills, click here . Be sure to follow Beverly Hills Patch on  Twitter  and “Like” us on  Facebook . Follow this link: City Opens North Crescent Drive Parking Structure