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rCO--lû-c::.UU.J WL) !U·..JU IHI ¡IlL 1I1IHUII\LL UU¡¡¡¡1I.1L.... & . 11 ~ . 11.....t. ,.I...............~......... I . . --- FE'a 13 2003 S: 36Ar1 CITY ATTORNEY OFFICE 650 ?BD 5963 p.5 ." .- parking use matched with an evening and weekend ¡ parking use). ¡ c. The City will also seek to plavide~ on Bloc1ç .Two. as part of development of Block Two, long-term night and weekend PÇirkIDg , spaces for downtown, including the Project. The number of . p~rking spaces on Block Two that a:re made avai1able long-term as . free night and weekend faur-hour customer parking will be deemed to satisfy, (partially or in fuU d~ding upon the , number), the City's 300 space obligation. The R.emaining Parkii1.g Obligation (RPO) (300 spaces less the number provided on Bloc:k. Two), if any, may be satiSfi~ by making available long-tetm patking' (&ee night and weeke1d, four honr cu~tomer pårking) in the Caltrain Garage undert:he Sequoia Station shopping center. d. Prior to the ~tiation of construction for development of Block ! "fwo, the City will use a reputable parking consultant to Conduct an occupancy ¡;urvey of the peak night and weekend uáe of the Block 2 puking lot em 8 days selected by Century during arty 30 day period during the next successive Seasonal Period, as defmed in the , Century lease with the Developer, and the' results of that survey will be immediately provided to Developer'and, Century. The Block Two Peak Parking Demand (Block Two PPD) will be determined by averaging the highest four daily occupancy numbers as reported by that OttUpancy Survey. e. If the Gty reœives ~otice of terminatiolJ, of it:! use rights in the Caltrain Garage, it win immediately notify Developer and Century. ~o verify the continuing need for thoae spaces, the City win use a reputable parking cxmsulta:ñt to co~duct an occupancy survey of the peak night and weekend use of the Caltrain Garage on 8 days selected by Century during any 30 day period during the next successive Seasonal Period, and the rl.~ults of that survey will be immediately provided to Developer and Century. The CaJtrain Garage Peak Parking Demand (Caltnin Pm) will be determined by averaging the highest four daily ocxupancy numbers as reported by that Occupancy Sûrv'ey. The City will replace the lower number. of the Block Two RPO or the Caltrain PPD. In addition, if tbe Block Two 1!D is higher than.the Caltr~ PPD~ the City will use ita best ¡ efforts to also replace ~ose additional spaces. J At least 2..years notice prl~r ta lermiru":iøn.of UI~. . , CiBeIIIa Bwu.... Poin. ¡ Page" 12/5102 ~ --",-"""",~,