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P13-2458, Downtown Revitalization District In-Lieu Parking Fee Environmental Checklist deferred maintenance on older structures and amenities desired by prospective tenants, thus encouraging new businesses to locate in the Downtown. As well, the addition of public amenities, such as those noted in the Downtown Specific Plan, serve as catalysts for maintaining an inviting Downtown experience for Pleasanton residents and an attraction for visitors. 2.7 Project Details When an owner/developer of a parcel or parcels within the Downtown Revitalization District is required to provide off-street parking but is unable to provide all of the off-street parking required by the Pleasanton Municipal Code, they may apply to the City for an in- lieu parking agreement. Said agreement would then require the owner/developer to pay the in-lieu parking fee for each deficient parking stall that is required. Parking in-lieu fees are then held in a fund by the City until such time that the City can purchase land within the Downtown Specific Plan Area for public parking. Given an economic climate in which limited financial resources are expected to provide more return than ever before, the development of public-private partnerships has become a key component in maximizing the value of development projects. Staff has identified one such opportunity for partnership by providing the City discretion to waive in-lieu parking fees in exchange for desired public amenities, such as public mini-plazas or similar amenity, that meet the objectives identified in the Downtown Specific Plan. Specifically, the following changes, shown in red, would be made to section 18.88 (Off- street parking facilities) of the Pleasanton Municipal Code: Chapter 18.88 OFF-STREET PARKING FACILITIES 18.88.010 Purpose. In order to alleviate progressively or to prevent traffic congestion and shortage of curb spaces, off-street parking facilities shall be provided incidental to new uses and major alterations and enlargements of existing uses. The number of parking spaces prescribed in this chapter or to be prescribed by the zoning administrator shall be in proportion to the need for such facilities created by the particular type of land use. Off-street parking areas are to be laid out in a manner that will ensure their usefulness, protect the public safety, and, where appropriate, insulate surrounding land uses from their impact. 18.88.020 Basic requirements. A. Unless otherwise provided for by this chapter, at the time of initial occupancy, major alteration, or enlargement of sites, or of completion of construction of a structure or of a major alteration or enlargement of a structure, there shall be provided off-street parking facilities for automobiles in accordance with the schedule of off-street parking space requirements prescribed in Section 18.88.030 of this chapter. Except as modified in subsection D of this section, the terms "major alteration" or "enlargement" shall mean a change of use or an addition which would increase the number of parking spaces required by not 8