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Number and locations of off -site parking arrangements as well as number and location of <br />resident parking rental contracts <br />Resident vehicle ownership <br />Valet and shuttle schedule and usage <br />Owner is financially responsible for providing shuttle and valet service (to the extent valet <br />service is needed to transport residents to approved off -site parking lots) during the life of the <br />project. In the event the owner fails to provide such services at any time during the life of the <br />project, owner will fund a $2,500-per-day escrow account that will be utilized to fund alternative <br />transportation to transit or to approved parking, such as rideshare services, taxi -cab, or the <br />equivalent of a similar individualized transportation service available at the time. Further, if such <br />cost is not funded by owner, the City may lien the property for unfunded amounts as described in <br />this paragraph. <br />To the extent allowed by law, the owner will institute lease provisions which limit the number of <br />vehicles a tenant may possess during the term of occupancy and/or that require full disclosure <br />and satisfactory parking arrangements as discussed in this PMP. Some of these provisions are <br />already established and included in the following plan. To whatever extent the owner does not <br />institute or implement such lease provisions and it is evident that owner is not enforcing such <br />provisions in a timely manner, the City may implement the following consequences in this order: <br />1) owner will be required to rent and pay for off -site parking for any resident that has been <br />permitted by owner (without satisfactory and timely enforcement) to routinely violate parking <br />standards, and 2) if owner does not comply with consequence (1) in this paragraph, owner will <br />be prevented from leasing the next available unit at the project in order to mitigate/reduce <br />parking demand on -site, until such specific parking non-compliance is either corrected at the <br />tenant level (meaning tenant is now in compliance or evicted) or is mitigated by owner's <br />compliance with consequence (1). <br />Documentation <br />Owner agrees to cooperate with the City of Santa Ana in a timely manner to finalize any and all <br />documentation required by staff in accordance with the project entitlement and density bonus <br />law for the establishment of this PMP. <br />