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7.5.A. - Page 2 <br /> • Public use of private parking lots (Walnut Creek) <br /> o Staff is investigating whether an amendment to our Municipal Code is <br /> required. <br /> o Once staff understands the options available to us, we will contact the <br /> Redwood City Chamber of Commerce and the Downtown Business Group <br /> and potentially coordinate a presentation by someone involved in Walnut <br /> Creek's program. <br /> ALTERNATIVES <br /> 1. Make changes to the proposed Ordinance and/or Resolution. <br /> 2. Do not adopt the proposed Ordinance and/or Resolution. <br /> FISCAL IMPACT <br /> The fiscal impact of each element in the parking implementation plan will be presented <br /> to Council at such time as they are presented for approval. For those items under <br /> consideration today: <br /> • Permit program changes — the estimated change in revenues associated with the <br /> permit changes is $216,000. <br /> • Increase core rates to $1.00/hour — the estimated increase in revenues, minus <br /> additional staff collection costs is roughly $630,000 per year for the metered <br /> parking spaces. The estimated increase in revenues for the Marshall Street <br /> Garage is $58,000. <br /> ENVIRONMENTAL REVIEW <br /> As the lead agency under CEQA, the City of Redwood City has determined that the <br /> action recommended in this staff report does not constitute a project as defined by the <br /> CEQA Guidelines. <br /> JESSICA MANZI <br /> SENIOR TRANSPORTATION COORDINATOR <br /> AARON AKNIN <br /> COMMUNITY DEVELOPMENT DIRECTOR <br /> ROBERT B. BELL <br /> CITY MANAGER <br />