Agmt04 BHV Innisfree - On Broadway RWC Parking Facilities Agmt

Browse Search

IV. COUNTY PARKING GARAGE; STREET AND SIDEWALK ENHANCEMENTS On or about September 23,2003, the City entered into an agreement with the County of San Mateo (the "County") to make available on certain Monday through Thursdays evenings; Fridays after 4:00 p.m.; all day on weekends; and, all day on County Holidays, approximately 650 parking spaces in the County's parking garage located at Middlefield Road and Veterans Boulevard in the City of Redwood City ("County Parking Garage") when this is not in conflict with the County's use of the garage. The Parties also agree to cooperate in the preparation and implementation of a plan for enhancing the sidewalks and the roadway of Middlefield Road (to be renamed "Theater Way") from the County Parking Garage to Broadway. The Parties will develop a plan to encourage the public to use County Parking Garage during the times that it is available for public use. V. PARKING SIGNAGE, MARKETING, AND COMMUNICATIONS The City shall work with the Developer and Century to plan directional and informational signage and amenities to guide motorists to appropriate downtown parking facilities, including the Jefferson Garage, the Block Two Parking Lot, the Marshall Street Garage and the County Parking Garage. In addition, the Developer shall require Century to develop and implement a marketing and communications program to direct Cinema patrons to such parking facilities. VI. PROTECTION OF PARKING SPACES IN THE RED ZONE The Parties acknowledge that the number of parking spaces to be available for public use upon completion of the Jefferson Garage and the Block Two Lot in the area designated as the Red Zone on Exhibit A attached hereto and made a part hereof (the "Red Zone") as of the Effective Date is one thousand nine hundred forty-nine (1,949) (collectively, the "Baseline Red Zone Spaces"). The Parties agree that the number of Baseline Red Zone Spaces, for purposes of this Agreement, will be adjusted to account for the actual number of parking spaces created by the construction of the Jefferson Garage and the Block Two Parking Lot upon the completion of each such project. The total number of such actual parking spaces above the Baseline Red Zone Spaces, as confirmed by the Parties, is referred to herein as the "Additional Red Zone Spaces". The City agrees that it will operate and maintain in the Red Zone or the "Orange Zone", as depicted on Exhibit B attached hereto and made a part hereof (the "Orange Zone"), a minimum number of parking spaces equal to the sum of one thousand eight hundred fifty (1,850). In addition, with respect to development in the Red Zone, the following provisions shall apply to any material increase in square feet of development or a use change that would significantly increase the parking requirement ("new development"): A. Parking Requirement. All new development in the Red Zone will be required to provide for its own parking needs in one of the following manners: 1. In a surface lot, structure, or underground garage on the site of said development, Atty/Agr/Agr.194 062404 8