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<br />2. In a surface lot, structure, or underground garage within a reasonable <br />distance of said development, or <br /> <br />3. Through an in-lieu payment agreement with the City should the City <br />develop an in-lieu parking program. <br /> <br />The number of parking spaces to be provided shall be determined according to reasonable <br />Downtown parking standards as may be recommended by the PAC (as defined below) <br />from time to time and adopted by the City Council in the Zoning Ordinance which is in <br />effect at the time at which the new development is approved. <br /> <br />B. Notice Requirement. <br /> <br />If requested by the Developer or Century, the City shall promptly provide to the <br />requesting party copies of all notices for new development in the Red Zone submitted to <br />the City. <br /> <br />C. Parking Advisory Committee. <br /> <br />If requested by the Developer or Century, the City shall create a seven (7) member <br />Parking Advisory Committee ("PAC") comprised of a representative of each of the <br />following: The City, the Developer, Century, The Fox Theatre (if the Fox Theatre elects <br />to participate) and representatives of downtown Redwood City businesses or property <br />owners as designated by the City. The PAC shall advise the City Council of Redwood <br />City on downtown parking issues, including: <br /> <br />1. Downtown parking standards, <br /> <br />2. Standards, criteria and findings needed for allowing variances and other <br />exceptions to general downtown parking standards; and <br /> <br />3. Other issues as determined by the City. <br /> <br />VII. DEVELOPMENT ON BLOCK TWO <br /> <br />The City recognizes the Cinema's long-range need for adequate four (4) hour parking that is free <br />to Cinema patrons and the Cinema's reliance on the parking to be provided in the Block Two <br />Parking Lot in accordance with the terms and conditions of this Agreement. The parties <br />acknowledge that in the future the City may wish to allow development on "Block Two," which <br />is depicted on Exhibit B (Orange Zone). Any such future development shall be subject to the <br />following conditions: <br /> <br />A. Parking Requirements for New Development on Block Two. <br /> <br />Any new development on Block Two shall be required to provide for its own parking <br />needs on the site. The number of parking spaces for new development on Block Two <br />shall be determined in accordance with reasonable downtown parking standards, but shall <br />not provide less than the following parking ratios: <br /> <br />Atty/Agr/Agr.194 <br />062404 <br /> <br />9 <br />