Agmt15 Scheidt & Bachmann USA, Inc.

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PART 2 (INTENTIONALLY DELETED) PART 3 - EXECUTION The PARCS system shall be configured to incorporate the following programs and rate structures. 3.1 Parking Rates The following is the current parking rate scenario for the lefferson/Century Theater and Marshall Street Garages. Rate Jefferson Street/Century Marshall Street Before 6PM $0.25/hr $1.00/hr After 6PM/Weekends $2.50/hr /Holidays Free Parking First 90 minutes Validated 4 hours free parking with Theater validation 3.2 Parking Permit System Redwood City currently issues monthly public parking permits for the Marshall Street Garage. Approximately 400 permits are in use per month. A proximity card (Indala� FlexCard�) is issued to the monthly permit holder to gain access to the garage. Depending on the available times and days of use the monthly permit parkers pay a rate of$60, $80, or$100 per month per permit. Permit holders are invoiced on a quarterly basis. Redwood City does not issue monthly public parking permits for the Jefferson/Century Garage. While monthly permits are not sold, some proximity access cards are issued to City staff for use and access to the garage. 3.3 Validation Program Redwood City's facilities agreement with the On Broadway Development (Century Theater) requires the City to provide four(4j hours of free parking validation to patrons of the Century Theater. Redwood City's facilities process between 20,000 and 30,000 validations per month. The PARCS validation system shall be a barcode based system with validation kiosks where the public may self-validate. REV:09-10-15 VR Page 12 of 61 ATTY/AGR.2015.217/Scheidt& Bachmann USA, Inc. Parking Garage Equipment