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Mr. Michael McCann <br />September 16, 2019 <br />Page 11 <br />company. A few of the valet operators that are currently being contacted are ABC <br />Valet, PPS Parking and Elite Valet Services. <br />5. The parking conditions will be reviewed/monitored on a quarterly basis by the <br />Property Owner/Property Management Company and appropriate actions detailed <br />above will be taken to ensure that the necessary PMP measures are being <br />implemented. <br />Through this monitoring and cooperation with the tenants as a result of the <br />quarterly review/monitoring, a partnership will be formed to ensure that <br />residential tenants and retail employees and Management Company personnel on <br />the property work together to ensure adequate parking is available. <br />Table 4 provides a summary of the Project's composite parking supply ratio with <br />implementation of the above -recommended PMP measures. A review of Row A of <br />Table 4 shows that the Project's parking ratio calculates to 1.51 spaces/unit (332 <br />spaces = 220 units). <br />With implement of PMP measures No. 2 and No. 3, which would be attained by <br />leasing up to 70 off -site parking spaces within the City -owned parking structure, the <br />Project's parking supply ratio would increase to 1.55 spaces/unit (342 spaces = 220 <br />units) and 1.83 spaces/unit (402 spaces _ 220 units), respectively (See Row B and <br />Row C of Table 4). <br />The Project's composite parking supply ratio further increases with implementation <br />of PMP measure no. 4, which would add an additional 80 spaces via implementation <br />of a valet parking program. As shown in Row D of Table 4, the Project's composite <br />parking ratio calculates to 2.19 spaces/unit (482 spaces _ 220 units) with the <br />implementation of PMP measures No. 2, No. 3 and No. 4, which exceeds the <br />Project's residential parking requirement of 2.15 space/unit based on the City's TZC. <br />Figure 11 is a bar chart of the Project's composite parking supply ratio with <br />implementation of the above -recommended PMP measures, and in comparison to the <br />City's TZC parking requirement. <br />N U900\L83984-FIw American Plan.Santa.{na\FeponlRevised First Anxrka, Plain P.1i, SW,S Pwking M.na .mnt Plan 09-16-2019d.c <br />