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11/18/2013 CAPCUA <br /> • • • <br /> MP#LU-7.7&LU-2.1.1.4 PDT-� Parking Policy/ Pricing <br /> 3.3 Parking Policy/Pricing <br /> 3.3.1 Limit Parking Supply <br /> Range of Effectiveness: 5— 12.5% vehicle miles travelled (VMT) reduction and <br /> therefore 5 — 12.5% reduction in GHG emissions. <br /> Measure Description: <br /> The project will change parking requirements and types of supply within the project site <br /> to encourage "smart growth" development and alternative transportation choices by <br /> project residents and employees. This will be accomplished in a multi-faceted strategy: <br /> • Elimination (or reduction) of minimum parking requirements52 <br /> • Creation of maximum parking requirements <br /> • Provision of shared parking <br /> Measure Applicability: <br /> • Urban and suburban context <br /> • Negligible in a rural context <br /> • Appropriate for residential, retail, office, industrial and mixed-use projects <br /> • Reduction can be counted only if spillover parking is controlled (via residential <br /> permits and on-street market rate parking) [See PPT-5 and PPT-7] <br /> Baseline Method: <br /> See introduction to transportation section for a discussion of how to estimate trip rates <br /> and VMT. The CO2 emissions are calculated from VMT as follows: <br /> COz = VMT x EFrunning <br /> Where: <br /> VMT = vehicle miles traveled <br /> EF�„��;�9 = emission factor for running emissions <br /> Inputs: <br /> The following information needs to be provided by the Project Applicant: <br /> • ITE parking generation rate for project site <br /> • Actual parking provision rate for project site <br /> SZ This may require changes to local ordinances and regulations. <br /> 2�7 PDT-1 <br /> � RESO.#15305 <br /> MUFF#603 <br />