le parking lot. The cards contain a computer chip that, when scanned at the parking lot ntrance, will open the parking gate and record the time of entry. At the time of exit, individuals 'ill scan their card again and the time of exit will also be recorded. The individual will be harged $0.50 per hour, rounded up to the next hour. At the end of each day, the SAI system 'ill feed data directly into BU's existing accounting system, recording parking fees in a new larking Revenue account. The related charge will be billed to the account of the student, or will e deducted from the faculty or staff member's next pay cheque. Faculty members have the ption of deducting parking costs from their FPE account instead of their pay cheques xplained in Exhibit IV). he access cards will be sold at BU's Bookstore for $10 each. The amount will be refunded pon the card's return to the Bookstore. The Bookstore manager explained that the cards will be isplayed at the check-out counter and will be rung in to the cash register as Refundable )eposits. When an access card is purchased, the purchaser will fill out a form indicating their staff or student identification number so that each individual card can be matched to a pecific faculty, staff member or student. These forms will be sent to BU's administration epartment and will take about a week to process. However, this will not inconvenience the urchaser because all the cards in inventory will be active and available for immediate use at le parking lot. Each department at BLI (English, History, etc.) will also receive three cards that can distribute to visitors for free parking while on campus. The $0.50 per hour for these cards 'ill be posted to both Parking Revenue and a Miscellaneous Expense account when scanned at