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<br />3-1 <br /> <br />3.0 Findings & Conclusions <br />The following findings have been determined by this Shared Parking Analysis: <br />1. The proposed 2129 North Main Street Hotel Project is planned to consist of a 135- <br />room hotel, 1,027 square feet of restaurant use, and 922 square feet of lounge/bar <br />area. The proposed uses are compatible from a shared parking standpoint and <br />forecast peak parking demand for mixed use sites might not occur simultaneously <br />from all of the various uses. <br />2. The proposed project is planned to provide a total of 128 parking spaces onsite. <br />3. Based upon the City of Santa Ana Parking Code requirements for individual uses, <br />without accounting for shared parking on the project site, a total of 194 parking <br />spaces are required to accommodate all land uses at the site. <br />4. The City of Santa Ana’s Municipal Parking Code allows for a shared parking analysis <br />to determine the overall adequacy of the proposed parking demand for the project. <br />5. The analysis utilized internal capture and modal adjustments that are conservative <br />compared to the recommendations found in the ULI Second Edition Shared Parking <br />Manual. <br />6. Typically, the ULI Shared Parking Model utilizes the ULI-established parking rates for <br />each land use. However, to reflect the City of Santa Ana’s more stringent parking <br />rates, RK has modified the parking rates within the ULI model to reflect the City of <br />Santa Ana’s Parking Code for each individual land use. This approach yields a more <br />conservative parking demand analysis when compared to the typical ULI- <br />recommended model. <br />7. Utilizing the City of Santa Ana Parking Rates combined with the Urban Land <br />Institute (ULI) shared parking methodology and adjustment factors, during the <br />weekday conditions, the project is forecast to have a maximum parking demand of <br />115 parking spaces occurring 10:00 PM in the peak month (June). Hence, during <br />weekday peak parking demand conditions, the project site is forecast to have an <br />excess 13 parking spaces, resulting in 90% parking utilization for the project site. <br />5-47