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8.A. - Page 10 <br />As mentioned above, the average daytime parking occupancy across downtown is 70 - <br />80%. Assuming an average occupancy of 80% across all 2,500 daytime parking <br />spaces; there is a system wide surplus of roughly 125 parking spaces. Based on these <br />data, there is sufficient parking across the downtown to accommodate new downtown <br />park(s). <br />While there is an adequate parking supply across the system, there are unique uses in <br />the Main Street Lot that need to be considered. The City currently sells monthly parking <br />permits to downtown employees and residents. Over the last year, the City has seen a <br />reduction in the use of these permits — never approaching the cap of 100 permits. For <br />September, only 44 permits have been sold and for most of 2018 fewer than 50 permits <br />were issued. Approximately 15-30 of the permits issued in any given month are to <br />residents who live in the apartments next to the Main Street Lot. Should the parks be <br />built as proposed, monthly parkers would use a larger share of the available parking <br />spaces — but they could still be accommodated as they are today. <br />Listed below are efforts either underway, planned or available to minimize the impact of <br />any potential reduction of parking on downtown parking. <br />Next Steps <br />While parking is available at all times on most days, there are specific locations at <br />specific times that are heavily parked and exceed the 85% occupancy goal. Staff is <br />working to address areas that are over parked to bring them in line with current policy. <br />Following is a list of initiatives that are under way, planned for the next few months, or <br />could be enacted if there were support: <br />Current Initiatives <br />• More shared use parking. Two projects under construction now (at 2075 <br />Broadway and 851 Hamilton) will add over 400 publically-accessible parking <br />spaces on evenings and weekends. <br />• Transportation demand management. With the adoption of the Citywide <br />Transportation Plan, the City Council established a goal of 50% of trips citywide <br />be made by ways other than driving alone. The implementation of transportation <br />demand management programs for new developments will help shift downtown <br />employees and residents into carpooling, transit, walking, and bicycling. In turn, <br />this will free up parking for downtown patrons whose only option is to drive alone. <br />• Parking guidance system. A consultant is currently designing a real-time, <br />dynamic parking guidance system for downtown. The system tell people where <br />parking is available and help guide them to those spaces. This will balance <br />parking use across the full parking supply (including private garages which are <br />heavily underused), reducing peak period hotspots. <br />Upcoming Initiatives <br />