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6.2.13. - Page 15 <br />PART 2 (INTENTIONALLY DELETED) <br />PART 3 - EXECUTION <br />The PARCS system shall be configured to incorporate the following programs and rate structures. <br />3.1 Parking Rates <br />The following is the current parking rate scenario for the Jefferson/Century Theater and Marshall Street <br />Garages. <br />Rate Jefferson Street/Century Marshall Street <br />Before 6PM $0.25/hr I $1.00/hr <br />After 6PM /Weekends $2.50/hr <br />/ Holidays <br />Free Parking First 90 minutes <br />Validated 4 hours free parking with Theater validation <br />3.2 Parking Permit System <br />Redwood City currently issues monthly public parking permits for the Marshall Street Garage. <br />Approximately 400 permits are in use per month. A proximity card (Indalall FlexCard®) is issued to the <br />monthly permit holder to gain access to the garage. Depending on the available times and days of use the <br />monthly permit packers pay a rate of $60, $80, or $100 per month per permit. Permit holders are invoiced <br />on a quarterly basis. <br />Redwood City does not issue monthly public parking permits for the Jefferson/Century Garage. While <br />monthly permits are not sold, some proximity access cards are issued to City staff for use and access to the <br />garage. <br />3.3 Validation Program <br />Redwood City's facilities agreement with the On Broadway Development (Century Theater) requires the <br />City to provide four (4) hours of free parking validation to patrons of the Century Theater. Redwood City's <br />facilities process between 20,000 and 30,000 validations per month. <br />The PARCS validation system shall be a barcode based system with validation kiosks where the public may <br />self -validate. <br />REV: 09-10-15 VR <br />Page 12 of 61 <br />ATTYIAGR.2015.217/Scheidt & Bachmann USA, Inc. Parking Garage Equipment <br />