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<br /> <br />Hotel <br /> <br />1 parking space per room <br /> <br />Residential <br /> <br />I parking space per dwelling unit <br /> <br />Office <br /> <br />3 parking spaces per 1,000 square feet <br /> <br />Retail <br /> <br />4 parking spaces per 1,000 square feet <br /> <br />Restaurant <br /> <br />1 parking space for every 3 seats. <br /> <br />In satisfying the minimum parking requirements set forth above, the City may designate <br />parking spaces for utilization by more than one Block Two use, provided that the parking <br />needs of the applicable uses are compatible (for example, a given parking space or spaces <br />may satisfy the requirement of two uses, one of which has a high demand for parking <br />during traditional business hours and another of which generates a need for parking <br />during the evenings and weekends.). <br /> <br />B. Downtown, Proiect. and Cinema Parking on Block Two; Satisfaction of General <br />Proiect Parking Obligations of the City with respect to Block Two. <br /> <br />The City will also seek to provide on Block Two, as part of any development of Block <br />Two, long-term night and weekend parking spaces for use by patrons of downtown <br />businesses, including the Project. The number of parking spaces on Block Two that are <br />made available as free night and weekend four-hour customer parking shall be deemed to <br />satisfy, partially or in full, depending on the number, the City's obligation to provide the <br />Regular Block Two Parking Spaces. The remaining parking obligation (the Regular <br />Block Two Parking Spaces less the number of public spaces actually provided on Block <br />Two subsequent to development, hereafter known as "Block Two RPO"), if any, may be <br />satisfied by making available, long-term, parking in the Caltrain Parking Garage located <br />beneath Sequoia Station shopping center. Such parking shall be free for four hours on <br />nights and weekends. As used in this Section VII-B, "long-term" shall mean that at least <br />two (2) years notice shall be provided prior to termination of use. <br /> <br />C. Block Two Parking Survev. <br /> <br />Prior to the commencement of construction of any new development on Block Two, the <br />City shall cause to be completed by a reputable parking consultant an occupancy survey <br />of the Block Two Parking Lot during the Block Two Lot Peak Periods on eight (8) days <br />selected by Century during any thirty (30) day period during the next successive <br />"Seasonal Period" as defined in the Lease Agreement between Century and the <br />Developer, dated as of March 18,2002 (the "Block Two Parking Survey"). The City <br />shall distribute to the Developer and Century, immediately upon receipt, the results of the <br />Block Two Parking Survey. Based upon the results of the Block Two Parking Survey, <br />the City shall calculate the Block Two peak parking demand by calculating the average of <br /> <br />Atty/Agr/Agr.194 <br />062404 <br /> <br />10 <br />