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Ms. McGovern asked if the overall goal is to come up with 400 spaces between the Corridor and other places in the Downtown within the next two years? Mr. Iserson said realistically it would be 20 years. The need for 400 parking spaces is based on projections of additional growth. Ms. McGovern inquired about the current need for parking spaces in the Downtown. Mr. Iserson said the City is currently on target for parking spaces. The big major issue identified, in addition to the numbers, was the fact that additional public parking lots were needed as the majority of the public parking is located on the streets and the majority of the parking lots are privately owned. Ms. McGovern asked how it is determined whether a developer pays the Parking In-Lieu fee or provides parking spaces. Mr. Iserson said staff determines the parking requirements when a project is presented. The property owner/developer may also propose a certain amount of parking spaces on site. The decision is ultimately up to the decision makers to determine if it is acceptable. When the Downtown Specific Plan was updated, wording was added that states "a significant amount of the required parking should be provided on site." Mayor Hosterman invited public comments. Judy Wheeler Ditter, representing the PDA, asked Council for its support of the proposed in-lieu fee of $14,000 per parking space in the Downtown Revitalization District which would help develop additional parking and make the Downtown more viable. Gene Finch, a Pleasanton resident, expressed his concern about the railroad right-of- way, as there is land within the right-of-way that is not being used that could be used for additional parking. He believed parking is an asset for the Downtown. He supported staff's recommendation to amend the Parking In-Lieu fee. priority. Mayor Hosterman mentioned that the Alameda County Transportation Corridor is a high Vera Revelli, a Pleasanton resident, supported amending the Parking-In-Lieu fee. She mentioned that the businesses in the Downtown are competing with other cities, particularly because of the lack of available parking. She believed a realistic parking fee would hone in on some of the uncertainty and recognize the value of the public spaces the retail areas need. Michael O'Callaghan, a Pleasanton resident and Chair for the PDA Design Committee, supported both staff and the PDA's position to amend the Parking In-Lieu fee to $14,000 per square space. He concurred with Ms. Revelli's comments with regard to the impact of the other communities' competitiveness on the Downtown of Pleasanton which is impacted by the lack of adequate parking and is important in staying competitive and keeping the Downtown vibrant. He believed the proposed in-lieu fee was fair and the methodology used was accurate. Robert Byrd, a Pleasanton resident, clarified that the majority of the Railroad Corridor is being used and the Downtown would not gain 300 parking spaces. He refuted comments previously made in reference to turning private parking lots into public parking lots, which would Pleasanton City Council 25 09/06/05 Minutes