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4. Parking .Assessment Districts vvould facilitate tl'1e creation of additional public parking lots from existing private lots. The nevv language identifies criteria to establish such districts,. and identif:"1es a parking ratio standard of one space for each 500 square :feet of floor area at build-out. In response to an inquiry by Comrn.issioner S"L1-11ivan.." I\/[r. Isersol'1 replied that t.he identif:"ication of private lots to be converted vvas the next step of the process_ C)vvners vvould be approached on a block-by-block basis_ In response to an inquiry by Con""'llT1issioner Kameny" l'V1r. Iserson c01-:tf"1rlTled that the Cit.y vvas in negotiations vvith the County to acquire the .AC-rC", and tl'1at appraisals l'1ad bec.n performed. In response to an inquiry by Commissioner Kan'1eny" lVtr. Iserson noted that tl""l.ere vvere 1"""10 current plans to put a parking structure on the existing municipal lot on Peters betvveen Division and St. l\I1ary"s" although it may occur in th.c future. It vvas hoped that the acquisition o:f- the ~CTC vvould infuse public parking into the Dovvntovvn area that vvould meet the public"s needs. I\/[r. Iserson noted that shared parking vvas very efficient and vvas encouraged by sta-ft--_ TI-:te il"1centive vvould be increased from 10 percent to 25 perccnt for ovvners V\fho cornbine their parking lots and share their parking through reciprocal parking easements_ In response to an inquiry by Commissioner Roberts,. I\.I'Ir_ Iserson noted that shared parking vvas best achieved vvitl'1 a nevv or expanded building_ He noted that it vvould be more efficient" an.d parking spaces may be picked up il'1 that process through eft-1.cicncies in desigl~. .M"r. Iserson noted that a property ovvner vvith excess parking n""'lay lease son,e parking spaces to aI~othcr property OV\fner vvith insufficient spaces. He added that vvould require a use permit by the P'Iannin.g Commission. Sta:tT recomn"1ended that the Planning Commission recomn"1end approval of- PRZ-22 to tl"""1e City Council as shovvn in Exhibit ~. In respcn,se tc) a.r1 i.nquiry by Commissioner Sulli"Van." :rv1r. lserson not-cd that a detailed analysis of parking vvas performed as part of t.he Specific Plan. :I-:le noted that IT'luch or the parking issue Dovvntovvn vvas subjective,. and added that parking problems V\Tere often related to location and convenience. Certain blocks contained more popular busil""l.esses" and had fevver available on-street parking spaces_ I---I-e noted that therc vvas not a severe parking problem at the present", and the City vvished to create more pu.blic parking Tor l.""l"""1ore e:Cficiency", and vvishcd to ensure sufficic1."""1t parki1.,g for the -t~1-ture as dovvnto-VV1"1 intensi:t"ies and expands. Tn response to an inquiry by Comn'1issioner Roberts" Ivlr. Iserson adviscd that. st.af:t-vvas updating the in-lieu fee,. vvhich is approximately $15,,000. PLA~ING CC>JVlJVlISSIC>N JVlINUTES September 10, 2003 Page 13 -r----~.