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property owner has a secondary unit in the Downtown, he asked if they were required to supply parking? Mr. Iserson pointed out that the Parking In-Lieu Fee is only applicable to the commercially zoned area of Downtown. There is a parking requirement for second units, which is one space and does not need to be covered. Mr. Brozosky asked how staff and the Pleasanton Downtown Association (PDA) Parking Committee arrived at the $35 per square foot for land cost? Mr. Iserson said the formula developed by both the PDA and staff was developed within the last year. Mr. Brozosky asked how many parking spaces could be constructed now based on the money available in the Parking In-Lieu Fee fund? Mr. Iserson said the Parking In-Lieu Fee fund contains about $215,000. The City has also budgeted separate additional funds in the Capital Improvement Program (CIP) for the acquisition of land and construction of public parking lots in the Downtown. Mr. Brozosky asked if the intent was for the Downtown District to pay for the parking in the Downtown, or was the City always intending to contribute towards parking in the Downtown? Mr. Fialho said there had always been the expectation that the City would finance a portion of the public parking improvements in the Downtown. Approximately $3,000,000 has been set aside for acquisition of the Corridor and/or establishing parking somewhere in the Downtown District. Mr. Iserson noted that there are various mechanisms for downtown parking, one of which is a public/private partnership, which is represented by the In-Lieu fee. Parking Assessment Districts are another example and the City has one district. In addition, there is on- street parking which the City provides free of charge. Second to restrooms for the Downtown, Ms. McGovern believed the main concern of downtown residents has been the issue of adequate parking. She inquired about the City's parking plan and if it included development of the Alameda County Transportation Corridor? Mr. Iserson said the Downtown Specific Plan identified approximately 300 spaces in the Corridor from Bernal Avenue to Stanley Boulevard. He was uncertain if parking spaces would be included all the way up Stanley Boulevard. Ms. McGovern asked if a needs assessment study had been conducted to determine the adequate amount of parking spaces? Mr. Iserson said a needs assessment study was conducted during the Downtown Specific Plan. The number of parking spaces was counted for the Downtown and compared to the floor area. In addition, projected increase of floor area in the Downtown over the next 20 years was considered and from that a commensurate parking demand was developed based on that growth. After the completion of the needs assessment study, 400 parking spaces were identified for the Downtown that would consist of both public and private parking spaces. Pleasanton City Council 24 09/06/05 Minutes