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When the city of Sarasota debuted its St. Armands garage in 2019, the four-story building was heralded as a state-of-the-art solution to solve years of parking woes on the island. But the garage has fallen short of the revenue projections envisioned by city officials, who have tapped their general fund to bail out the garage with $1.2 million in loans and transfers — creating a financial strain on the city’s entire parking division.