7- AA19-04; TPM19-01;DA18-02_2800 N MAIN STREET

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8. Remote area parking with shuttle service for employees to the office, location 9. Variable parking fees according to time of arrival/departure to promote staggering of work hours 10. Other programs offering any prospect of reduced or a shifted travel patterns. It is probable that pay parking must be required for the employees in the buildings of Fashion Square, in order for TSM parking * management strategies to reduce the overall travel demand. Initially, it would be expected that many employers will subsidize their employee's parking costs in order to attract key personnel. This practice tends to penalize employees who share ri~es. Another method of accomplishing the same purposes while rewarding ride-sharing employees would be to "pay" all employees the monthly equivalent of the cost of providing their parking. Others (those - * sharing rides or transit users) would realize a financial benefit. The total monthly cost would be about the same for the employer (depending upon what rate is charged for an individual parking stall), but the subsidy encouraging use of a single occupant vehicle would be removed * and ride-sharing would be rewarded. Considering the current monthly parking cost of about $40-SO per space, the financial benefit would be significant. Although pay parking offers opportunities to reduce employee's vehicular trips, it creates spill-over problems with the "free" residential and retail/commercial parking situated nearby. The extent of the spill-over is directly related to the cost of parking. Employees -` seeking to avoid paying the parking charges will attempt to park in these free areas causing complaints from those adversely affected and requests of the city to enforce parking regulations. These regulations -t may take the form of residential permit parking programs. -4 106