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C <br /> 19. The City of Santa Ana has an agreement with Comet, Inc. and lIST <br /> whereby Comet, Inc. agrees to provide parking, in addition to parking <br /> provided by lIST, for tenants of the Fidelity Savings building until the <br /> year 2023 or until recission of the agreement. The proposed project <br /> would eliminate the west parking lot owned by lIST (Sales Parcel 3) and <br /> 60 feet at the west end of the Comet, Inc. parking lot (Sales Parcel 5). <br /> The Fidelity Savings Building consists of approximately <br /> L 116,900 square-* feet of gross floor area. There are approximately 418 <br /> parking spaces in the total parking area serving the building, <br /> L representing an existing ratio of 3.6 parking spaces per 1,000 square <br /> feet of gross floor area. Approximately 198 of these spaces are located <br /> in the area proposed to be acquired for the Fashion Square project <br /> L (Sales Parcels 3 and 5). Assuming no redesign of the remaining parking <br /> area to include compact car spaces, the Fidelity Savings Building would <br /> U be left with 220 parking spaces, for a ratio of 1.9 spaces per 1,000 <br /> square feet of gross floor area. <br /> V <br /> The City of Santa Ana zoning ordinance requires one parking <br /> space per each 300 square feet of floor area for office buildings, but <br /> in practice, the City measures this requirement against about 90 percent <br /> c of gross floor area, with the remainder consisting of hallways, <br /> -- elevators, restrooms and similar non-office space. This results in an <br /> effective official city standard of 3 parking spaces per 1,000 feet of <br /> L gross floor area. Applied to the Fidelity Savings Building, this would <br /> call for 351 parking spaces. <br /> U <br /> have Thus, without mitigation, the Fidelity Savings Building would <br /> a shortage of 131 spaces below the City established standard for <br /> office buildings. This could result in impacts on surrounding areas, in <br /> that there may not be enough on-site parking for tenants, employees, and <br /> clientele of the building, who would therefore seek alternative parking <br /> in adjacent shopping centers and along public streets. It is quite <br /> speculative at this time whether this pattern would occur to the extent <br /> 52