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Council Member Pierce recalled that at one point they were not issuing parking permits for smaller employers with employees parking on the street because they don't have access to a larger garage. She also asked if those are still limited or are there more efforts we could do to get those employees of the streets and into the parking garage. Mr. Aknin explained that those who request #he permits are able to obtain them. Council Member Pierce also mentioned the moving of the City vehicles to the library lot, behind the Library, and that there are some nights where there is no parking. She suggests that shifting the vehicles somewhere else might be something to look into. Council Member Bain asked about CalTrains plans to expand because it's been said that the baby bullet and commuter trains are full. Mr. Aknin explained that the trains are at capacity, meaning people are standing and they a�e crowded. Currently, there is the CalTrain Monetarization project scheduled to be complete in 2021 and will increase peak capacity. There is still room on the local trains, but people are standing on peak hour trains. Council Member Bain asked Mr. Aknin to speak about the last time they conducted a traffic study and what area was involved in that study. Mr. Aknin shared that a traffic study was done as part of the Downtown Precise Plan EIR. He also explained that with each project has a traffic impact analysis done. He also shared that the last time this was done was for the most recent application that was turned in. He states that this application did have a traffic impact analysis and studied additional intersections to make sure that they were not going to exceed what was projected within the plan. Council Member Bain asked for clarification on the scope of the traffic study. Jessica Manzi, Transportation Manager, addressed the question clarifying that downtown "`"' projects, the focus of the analysis is evaluating whether the specific project is consistent with the analysis in the Downtown Precise Plan EIR. That analysis did look at the intersections outside �•• the downtown area. For project located outside of downtown, it depends on the location. Council Member Bain asked about commuters getting off of 101 and 280 and taking the streets to get to downtown, and if that was taken into account. Mr. Aknin shared that the Downtown Precise Plan did go outside of downtown itself, but didn't go as far into the residential neighborhoods as residents had hoped for. There were analyses done for intersections outside of downtown, but not to a stop sign in certain neighborhoods. The Downtown Precise Plan traffic study was done in 2010. Council Member Bain asked about the amount of in-lieu parking account, not taking into account the 2.95 million from the current project. Mr. Aknin shared that before this project there was approximately $400,000, another project is giving about 2.5 million. Council Member Bain asked about the next project being looked at and where it stands because the cap for office space has is almost met. Mr. Aknin explained that the next project is the Lane Partners Project, which is the Powerhouse Gym site and will be just below the cap and will be the last project allowed from an office stand point within the Downtown Precise Plan. Council Member Aguirre asked what would 2.95 million buys us in terms of a new parking structure. Mr. Aknin explained that to underground it would be roughly 50-60 thousand per space and above ground would be 20-33 thousand per space. Also, the more area you have in terms of floor, the easier it is to not have space dedicated to ramping and that decreases cost. Vice Mayor Foust asked Mr. Aknin to comment on a mechanized parking system and Mr. Aknin JOINT CITY COUNCIUSUCCESSOR AGENCY BOARD/ September 28, 2015 PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 9 MINUTE BOOK NO. 66 Page No. 09