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11/18/2013 CAPCOA <br /> • s • <br /> PDT-3 Parking Policy/ Pricing <br /> 3.3.3 Implement Market Price Public Parking (On-Street) <br /> Range of Effectiveness: 2.8— 5.5% vehicle miles traveled (VMT) reduction and <br /> therefore 2.8 — 5.5% reduction in GHG emissions. <br /> Measure Description: <br /> This project and city in which it is located will implement a pricing strategy for parking by <br /> pricing all central business district/employment center/retail center on-street parking. It <br /> will be priced to encourage "park once" behavior. The benefit of this measure above <br /> that of paid parking at the project only is that it deters parking spillover from project- <br /> supplied parking to other public parking nearby, which undermine the vehicle miles <br /> traveled (VMT) benefits of project pricing. It may also generate sufficient area-wide <br /> mode shifts to justify increased transit service to the area. <br /> Measure Applicability: <br /> • Urban and suburban context <br /> • Negligible impact in a rural context <br /> • Appropriate for retail, office, and mixed-use projects <br /> • Applicable in a specific or general plan context only <br /> • Reduction can be counted only if spillover parking is controlled (via residential <br /> permits) <br /> � Study conducted in a downtown area, and thus should be applied carefully if <br /> project is not in a central business/activity center <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 <br /> traveled <br /> EF�„��;�9 = emission factor <br /> for running emissions <br /> Inputs: <br /> The following information needs to be provided by the Project Applicant: <br /> • Location of project site: low density suburb, suburban center, or urban location <br /> 213 PDT-3 <br /> � RESO.#15305 <br /> MUFF#603 <br />