From the Houstonian:
The newly built parking garage opened Monday (November 10) and allowed students to park in their pre-paid spot, or browse the lot for a space.
The parking permits for personal spots in the garage originally cost $400 but now cost $200 for faculty, staff and students. Colonel Culak of the university police department said prices were lowered because of the amount of time that was left in the fall semester. The garage was supposed to open in October, but since it opened later than expected, the prices have been reduced. If students wish to get a parking permit, they will have to pay $200 and the permit will last until the end of the spring semester.