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Mr. Michael McCann September 16, 2019 Page 12 CONCLUSIONS The composite parking ratio for the proposed Project is 1.51 spaces per unit (332 provided spaces divided 220 apartment units). Comparing this ratio to what is required by other similar cities shows that the Project provides 10% to 67% more parking spaces than other apartment projects located in a downtown setting. Since the Project falls within the downtown setting and provides the opportunity for alternative modes of travel along with public on -street parking and near -by public structured parking, the proposed Project's parking supply will be sufficient (ample) to support its needs. Further yet, given 5% of the Project's residential units are designated as very low affordable units, the parking ratios for affordable housing developments specified in the California Government Code Section 65915 were applied. From this calculation, the Project would require 325 spaces, comprised of 294 spaces for the residential component, inclusive of handicapped and guest parking, and 31 spaces for the retail component (using the City's TZC retail ratio of I space per 400 SF). When compared to a supply of 332 spaces, the 325-space parking requirement is satisfied and results in a surplus of 7 spaces. Nevertheless, to ensure adequate parking is provided for both tenants, employees and guests of the Project, the Property Owner and/or Property Management Company, if they deem it necessary, would implement the appropriate Parking Management Strategy recommended in this Parking Management Plan to mitigate any parking impacts or deficiencies. We appreciate the opportunity to provide this analysis. Should you have any questions, please call us at 949.825.6175. Respectively submitted, Linscott, Law & Greenspan, Engineers Richard E. Barretto, P.E. Principal Attachments cc: Shane Green, P.E., Transportation Engineer III N'llWOU18398J-Fimknje6i pi,v Senla.ina\F.eponlReFised First An�encen Plaza Pakjig8NdyS Parking Alvugemenl Plan 09-1&2019 dock