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SR-031108-8A~~ City Council and ~~tY a, Redevelopment Agency Report Santa Monica City Council and Redevelopment Agency Meeting: March 11, 2008 Agenda Item: To: Mayor and City Council Chairperson and Redevelopment Agency From: Andy Agle, Director of Housing and Economic Development Subject: Parking Structures 7 and 8 -Proposed Attendant Parking Program, Proposed Fagade Improvement Program and Consideration of Colorado Streetscape Issues Recommended Action Staff recommends that the Redevelopment Agency (Agency): 1. direct staff to process changes necessary to convert Parking Structures 7 and 8 to attendant parking for the purpose of integrating these two facilities within the downtown parking management system; 2. provide project direction to pursue valet parking at Parking Structures 7 and 8 subject to conditions set forth herein and direct staff to commence preparation of necessary text amendments to the City's valet parking ordinance, returning to Council at a future date for formal approvals; 3. provide project direction on the proposed conceptual fagade improvement designs for Structures 7 and 8 and the incorporation of optional ancillary pedestrian oriented uses of retail and potential bike parking; 4. direct staff to prepare an agreement that assigns responsibility of leasing and management of proposed pedestrian oriented retail uses to Macerich; 5. direct staff to negotiate terms with Macerich for the construction of proposed parking attendant and fagade improvements; and 6. provide direction on desired timing of proposed streetscape improvements on Colorado Avenue. 1 Staff recommends that the City Council (Council): 1. authorize the City Manager to execute a Third amendment to Contract No. 8551 with Pugh +Scarpa, in an amount not to exceed $240,000, for the completion of schematic design services and related work. Executive Summary Parking Structures 7 and 8 at Santa Monica Place, owned by the Redevelopment Agency, were built in 1979, providing 1,968 spaces for the Downtown. Since receiving seismic upgrades in 2002 and 2003, no additional capital improvements have been made to these two parking facilities. Given the extensive remodel at Santa Monica Place and the opportunity to coordinate proposed Parking Structure programs with the Remodel project and the broader Downtown fagade improvement program, City staff seeks direction on the following: Attendant Parking Program: An attendant parking program is proposed for Structures 7 and 8 to integrate the operations of these two facilities within the broader Downtown parking system, and to better coordinate Downtown parking strategies, manage peak parking demand periods, and reduce confusion through consistent parking procedures and pricing. Valet Parking: Macerich has proposed valet parking as a customer convenience. Staff seeks agency direction on pursuing the necessary ordinance changes to support implementation of weekday, daytime valet parking in Structures 7 and 8. Fagade Improvement Program and Use of Ground Floor: Fagade improvements are proposed for Structures 7 and 8 in order to better integrate with the improvements at Santa Monica Place as well as the fagade improvements for public Parking Structures 1 through 6. Pugh +Scarpa has developed a conceptual design (Attachment A) which includes solar photovoltaic panels, trex-clad veneers, colored channel glass enclosing stairwells, public art and creation of space for ground-level pedestrian-oriented uses. In addition to consideration of the overall design approach, staff seeks direction on the following related issues: • Use of the ground-level spaces for retail, bicycle-transit facilities or art display Leasing and management of the retail spaces • Construction of proposed improvements Colorado streetscape Improvements: The Parking Structure Fagade Improvement Program and Santa Monica Place remodel project were intended to include streetscape improvements along Colorado Avenue. Staff seeks Council direction on whether streetscape improvements on Colorado should be addressed at this time or be deferred until such time as a streetscape program for Colorado is developed and there is more 2 certainty on whether Colorado Avenue will serve as the alignment alternate for the Exposition light rail. Discussion Attendant Parking -Integrated Downtown Parking Management: The City successfully converted other downtown parking facilities to attendant parking approximately fifteen years ago. The conversion has provided benefits to the downtown and was well received by parkers. Since then the City has invested in parking management, both in terms of staff and technology, and has been able to accommodate a significant increase in parking activity in the downtown with a proportionately smaller investment in new parking spaces. Including Structures 7 and 8 in this system would improve coordination of parking strategies, reduce confusion through consistent parking procedures and pricing, and allow for better management of peak parking demand periods. The City currently operates public parking Structures 1 through 6 and 9 in the Downtown through an attendant-parking program, whereby patrons take tickets on entry and pay based on the amount of time parked. From 8 a.m. to 6 p.m., patrons are provided two hours free, charged one dollar for each additional thirty minutes, with a seven dollar daily maximum. After 6 pm, patrons entering a facility pay a flat fee of three dollars. Monthly parkers pay $75 per month, plus parking tax, to use these facilities. In contrast to Structures 1 through 6 and 9, under a sublease with the City, Macerich operates Structures 7 and 8, providing athree-hour free period, after which additional parking is not allowed and autos may be ticketed by the City. Parking after 6 p.m. is assessed athree-dollar flat fee from Thursday through Sunday, and monthly parking is provided free to most Santa Monica Place employees. 3 Given the need to streamline operations and to eliminate pricing inconsistencies, City staff and Macerich representatives have developed proposed contract terms for the conversion of the structures to attendant parking. The terms are intended to be fiscally neutral for the City/Agency and Macerich relative to current operations associated with Structures 7 and 8. The proposed terms are as follows: • Rates: Parking rate schedule for Structures 7 and 8 will be modified to be consistent with Structures 1 through 6 and 9. Operations: Structures 7 and 8 will managed under the direction of an expanded City Parking Office and operating responsibility will be included in the City's parking operator contract (currently Parking Concepts Inc.). Standard Parking currently operates the limited parking attendant program on Thursday through Sunday in Structures 7 and 8 for Macerich. • Maintenance: Macerich will continue to assume responsibility for maintenance of Structures 7 and 8, as well as provide enhanced security. • Distribution of parking revenues: Currently, the Sub-lease Agreement between the City and Macerich provides fora 50/50 split. of all parking revenues generated from Parking Structures 7 and 8, following reimbursement to the City for administrative costs and to Macerich for maintenance costs. In order to ensure that the conversion to attendant parking does not negatively affect the finances of the City or Macerich, staff recommends that the current arrangement remain, with adjustments to include reimbursement to the City for operational costs, and reimbursement to the City and Macerich for equal participation in up-front capital costs (such as installation of parking control systems, "pay on foot" machines, a central cashiering system, painting, re-striping, signage, and other associated equipment) necessary to convert Structures 7 and 8 to attendant parking. The recovery period for capital costs is proposed at seven years. The Sub-Lease Agreement between the City and Macerich is proposed to include a provision that the City is guaranteed a distribution of no less than $277,000 (plus CPI) in any year for lost parking citation revenue in Structures 7 and 8 due to the conversion. 4 Thus, if the distribution to the City is less than the $277,000, the difference is to be disbursed to the City before the split of 50/50 is applied. Attachments B and C are provided to illustrate the current and proposed distribution. Santa Monica Place Employee Parking: The "Off-Site Parking Agreement" between the City and Macerich is proposed to be modified to allow the 278 monthly passes for employee parking to be available at Structures 7 and 8, Monday through Friday, and at the Civic Center Parking Structure, Saturday and Sunday. Currently, the agreement does not address weekday parking, though Santa Monica Place employees have been parking in Structures 7 and 8 on weekdays and in Parking Structure 5 on weekends for many years. As of January 2008, Santa Monica Place employees have been parking at the Civic Center Parking Structure on weekends. Macerich currently pays for weekend, off-site parking for employees. Under the proposed terms, Macerich would pay for weekday employee parking at a rate equivalent to 50 percent of the monthly parking fees elsewhere in the Downtown. This rate in combination with the weekend rate would be competitive with the monthly rate elsewhere in the Downtown. Installation.. of the parking controls is estimated to costs $2,000,000 and would necessitate re-striping, resulting in a loss of 41 parking spaces. Although the conversion will require some loss of spaces, it is expected. that the incorporation of these facilities into the overall program for downtown will actually improve availability because it allows for consolidated management and provision of real-time information on occupancy. In any case, the Civic Center Parking Structure will accommodate replacement parking for the 41 spaces. The existing "Off-Site Parking Agreement" between the City and Macerich which provides for 278 parking spaces off-site, will be modified accordingly. Valet program - In an effort to provide convenience for its customers and patrons to the downtown, Macerich proposes to operate a valet parking program upon re-opening of 5 Santa Monica Place. Macerich proposes to operate its valet program by parking vehicles at Structures 7 and 8, Monday through Friday, from 8 a.m. to 6 p.m. During other hours (evenings and weekends when retail parking demand is highest), valet- parked vehicles would be parked in private parking facilities. Currently, the City allows valet parking as one element of a coordinated parking system, and regulates valet parking operations located within the boundaries of Ocean Avenue, Fifth Street, Colorado Avenue, and Wilshire Boulevard. Similar to the other parking valet services in the downtown, Macerich's proposed program would be subject to the City's valet parking permit requirements and applicable fees. Macerich's valet program is distinguished by its proposal to use Structures 7 and 8 to park patrons' vehicles. Permitting such a request would require an amendment to the Santa Monica Municipal Code -Valet Parking Ordinance Chapter 6.120, to allow valet parking to take place in a publicly owned parking structure. The Agency would need to authorize staff to pursue the appropriate text amendment application and environmental analysis. Staff recommends that the Agency direct staff to pursue a valet program that allows Macerich to operate daytime valet parking at Structures 7 and 8 provided that the Transportation Management Division finds that Macerich's proposal will allow for 1) access to the parking spaces at Parking Structure 7 and 8 remain open to the public and not limited to the exclusive use of Macerich, 2) the valet program will not adversely affect downtown circulation, 3) the valet program will not significantly compromise revenue collection or circulation within the parking structures and 4) the day time valet program complies with the requirements of the City's existing valet parking ordinance. Parking revenues at Structures 7 and 8 would not be affected as the patrons of Macerich's proposed valet program must pay the same standard fees that apply to self parkers, with whatever surcharge Macerich determines is necessary to defray the costs of providing the valet service. 6 Fagade Improvement Program: On June 26, 2007, Council authorized the City Manager to execute a second amendment to Contract No. 8551 with Pugh +Scarpa to provide concept designs for fagade improvements for Structures 7 and 8. To date, Pugh +Scarpa has completed the concept designs provided in Attachment A. A contract amendment in an amount not to exceed $240,000 is requested to finalize the schematic designs ($170,000) and related work efforts ($70,000). As shown on Attachment A, solar photovoltaic systems installed on the roof decks at Structures 7 and 8 have been integrated into the proposed designs to address the City's Solar Santa Monica Initiative and electricity-saving objectives. As a separate item on the Council agenda in the near future, the City's Energy and Green Building Programs staff will present recommendations to invest in the installation of photovoltaic systems at Structures 2, 4, 5, 7 and 8. In addition to featuring sustainable energy elements, Pugh + Scarpa's design concept includes a number of other improvements such as new Trex-clad veneers, colored channel glass enclosing stairwells, public art, and street-level pedestrian-oriented spaces. The purpose of incorporating pedestrian-oriented uses as part of the proposed fagade improvement program is to enhance the pedestrian experience by creating a more dynamic public space with improved connections between the mall and other downtown destinations. Under the proposed fagade improvement concept, the Frank Gehry-designed chain link curtain on the south-facing side of Structure 8, which spells out Santa Monica Place, will be retained and restored. Preliminary cost estimates for Structure 7 and 8 fagade improvements program is $4.5 million. The fagade improvements would be funded by Agency funds allocated for structure improvements, as well as the $1.4 million payment from Macerich for removing part of Structure 7. 7 Ground-Level, Pedestrian-Oriented Uses Staff has investigated the viability of locating retail and bike parking at the street level base of Structures 7 and 8. Retail at Structure 7: Retail constructed in the form of small kiosk-type commercial operations such as coffee stand, newsstand, florist, personal accessories, etc. could be located within the existing 10-foot-wide landscape area located along Broadway, with no loss of parking spaces and no need to address the 10-foot grade difference from the first level of the parking facility and street sidewalk. Arts Spaces at Structure 8: Another contemplated use of ground-level spaces in Structure 8 is the creation of small art exhibit spaces to help enliven the pedestrian environment of Colorado Avenue. When the Bayside Corporation District Board reviewed the Pugh + Scarpa conceptual designs on October 25, 2007, they recommended the elimination of the proposed exhibit spaces at the base of Structure 8 on Colorado because of concerns about the difficulty in managing rotating art exhibits. While staff believes that there are arts opportunities in the location, the overall pedestrian environment may be better served by using the parking set-back for widened sidewalks, from the current width of 9 feet to 20 feet. If the Agency wants to retain both the exhibit space and widen the sidewalk, the exhibit space can be recessed into Structure 8; though this would result in the loss of approximately thirteen parking spaces. Retail at Structure 8: Similar retail uses described for Structure 7 could also be developed for Structure 8, and accomplished through reconfiguration of an area located at Second and Colorado, which would result in the loss of approximately ten parking spaces. Preliminary discussions with leasing experts indicate that retail spaces in this section of Colorado Avenue may be difficult to rent due to the auto-oriented nature of Colorado Avenue in this block. However, the future terminus of the Exposition Light 8 Rail on Colorado Avenue, as well as the implementation of the Civic Center Specific Plan, could increase the future feasibility of retail in this location. Bicycle Transit Centers: The City's Downtown Urban Design Plan (adopted 1997) emphasizes balancing the streets to accommodate mixed modes of traffic, making streets bicycle-friendly and providing bicycle parking throughout downtown, with activated storefronts to enliven the pedestrian experience. The City's Circulation Element (revised 1998) also contains as one of its major objectives a focus on non- motorized transportation and includes a set of policies that encourage addition of bicycle lanes and bicycle parking. In an effort to meet the City's sustainability objectives and to support the development of a multi-modal transportation system that reduces pollution and motor vehicle congestion, the City's Planning and Community Development staff successfully obtained a grant funding commitment from the Los Angeles County Metropolitan Transportation to build aBike-Transit Station in Structure 2 featuring attendant and self-parking as well as a bike center office, rental and retail space, a restroom/changing room and storage lockers . Given the potential to provide additional bike parking for the downtown and to satisfy an existing Coastal Commission condition of approval on the Santa Monica Place project requiring 100 bike parking spaces, City staff has initially explored the feasibility of providing additional bike station-type facilities in the ground floor of Structures 7 and/or 8, potentially as part of a system of bike stations. Preliminary evaluation indicates that both parking structures could support bike-transit centers. Further study would need to confirm the feasibility and appropriateness of constructing bicycle parking facilities at Structures 7 and/or 8. Based on findings, operational arrangements (private, public, or public/private partnership) and pricing would be determined as the City-wide program is developed. 9 Considerations Related to Pedestrian-Oriented Uses • Street Activation via Retail -- Encourages retail uses and services to enhance visual interest and pedestrian vitality. Approximately 3,000 square footage of new retail could be created and a formal determination regarding operators (that include the City, Macerich or a private contractor to oversee leasing, managing and operating these spaces) would be made by Council and Agency, at a later date. • Bike Ridership and Bike Parking -- Encourages bike ridership, promotes alternative modes of transportation, reduces traffic congestion in the downtown, and provides secure and convenient bicycle parking. Construction of bike parking facilities at Structure 7 and/or Structure 8 would potentially result in loss of approximately 24 car parking spaces (approximately eleven spaces at Structure 7 and thirteen spaces at Structure 8). However, in return, an estimated 150 additional bike parking spaces would be created for the Downtown. This would be designed and coordinated with the feasibility study currently underway on Parking Structure 2 and the City's plan for a bike transit mobility center. • Parking Spaces - If the highest priority is to preserve the greatest number of car parking spaces possible for the downtown, retail could be constructed at Structure 7 (resulting in no loss of parking spaces) and Structure 8 would not be changed, eliminating proposed pedestrian oriented uses at Second and Colorado, resulting in no street activation measures. • Staff Recommendation- To promote a mix of uses and support sustainable transportation objectives, staff recommends that the fagade improvement program include construction of pedestrian oriented uses at both Structures 7 and 8. The pedestrian-oriented spaces should be configured in such a way as to maximize the efficiency of the limited areas, and designed to be sufficiently flexible to accommodate a variety of staffing and operating scenarios, including 10 the potential to change use from retail to bike parking facility and vice versa over time. The pedestrian-oriented use at the Structure 8, on corner of Second Street and Colorado Avenue, in particular, should be designed to accommodate both potential uses. In terms of operational scenarios for the pedestrian-oriented uses, the leasing and managing responsibilities of the retail spaces could be assumed by the City, Macerich or a third party, such as the agent who runs the cart program on the Promenade. Given Macerich's expertise in retail leasing, as well as the opportunity to ensure that the parking structure leasing complements the retail mix within Santa Monica Place, staff recommends that an agreement be prepared to assign this responsibility to Macerich. Operations of bicycle parking facilities would be determined as the City-wide program for bicycle parking facilities in the downtown is developed. To maximize savings relative to project time and construction costs, as well as to eliminate conflicts among multiple construction entities on a single site, it is recommended that the Agency direct staff to negotiate terms with Macerich to perform the construction of the proposed attendant parking and fagade improvements. Agency staff would hire an independent construction inspector to ensure proposed construction is completed in accordance with the City's standards. At a future date, staff will return to the Agency and Council with any necessary approvals including adoption of resolutions to waive the proposed construction from competitive bidding. Construction of the attendant parking and fagade improvements will be subject to prevailing wage and all applicable State and local laws. A summary itemizing staff recommendations is provided in attachment D. Colorado Avenue Streetscaoe Issues Because a streetscape program has not yet been developed for Colorado, staff seeks direction on whether streetscape improvements including reconstructed sidewalks, pedestrian lighting between Second and Fourth Streets, and street trees on Colorado 11 Avenue, should be carried out in conjunction with the proposed Fagade Improvement Program or, alternatively, whether streetscape improvements should be deferred until such time as a streetscape program for Colorado Avenue is developed and there is more certainty regarding the exposition light rail alignment. If streetscape improvements are deferred, the existing sidewalks and trees on Colorado Avenue between Second and Fourth Streets will be maintained until improvements are implemented in the future. In addition, deferment of streetscape improvements on Colorado would affect a condition of Agency approval on the Santa Monica Place remodel project, which requires Macerich to perform certain improvements on Colorado, in front of the Mall and Macy's. Staff would need to prepare a public notice to modify Macerich's conditions of approval to relieve them of their obligation to carry out improvements (demolish and replace sidewalks, pavement and landscaping, and install pedestrian lighting and street trees) in exchange for an in-lieu payment. Macerich has expressed that they would prefer to proceed with construction of improvements, however, if required to pay in-lieu, they urge the City to complete streetscape improvements in front of the Mall and Macy's on Colorado by 2009. Given the extensive remodel of Santa Monica Place and the scope of the proposed Fagade Improvement Program, staff recommends that Council authorize the implementation of the streetscape improvements on Colorado between Second and Fourth Streets, with the understanding that the improvements would be completed by Fall 2009 and that the proposed light-rail or other improvements may necessitate relocation of certain streetscape improvements in the future. CEQA Analysis Once the Agency provides direction on the proposed project, staff will complete environmental review, prepare necessary reports and resolutions, and return to Council and Agency at a future date for formal approval and any necessary CEQA review. 12 Commission Action The parking structure facade concept has been reviewed and recommended to the Council by the Bayside District Board of Directors on October 25, 2007. Following direction from Council, staff will submit the fagade improvement concept for Parking Structures 7 and 8 to the Architecture Review Board (ARB) for approval. Next Steps Following Agency directives from this meeting, staff will return at a later time to obtain formal authorization to proceed with: • Negotiations with Macerich for terms of construction related to Attendant Parking and Fagade Improvements Program • Resolution to waive public bidding for construction of improvements Application to the City and Coastal Commission for applicable permits Financial Impacts and Budget Actions 1. Funds for the third amendment of Contract No. 8551 in an amount not to exceed $240,000 are available in account 0770776.589000; 2. Funds for the City's portion of the parking attendant improvements currently estimated at $1 million are available in account 0770776.589000; 3. Funds for parking structure Fagade Improvements in the amount of $3,158,623 are available in account 0170621.589000; and 4. Upon receipt of the payment from Macerich for the relinquishing of the easement on Parking Structure 7, an appropriation of $1.4 million should be made to account 0160621.589000. These funds will be made available for the costs associated with the Facade Improvement Program on Parking Structures 7 & 8. 13 Prepared by: Elana Buegoff, Senior Administrative Analyst Nia Tang, Senior Administrative Analyst Approved: Andy Agle, Directo Housing and Economic Development Forwarded to Council: Attachment A: Proposed Facade Improvement Concepts Attachment B: Current Parking Revenue Distribution Attachment C: Proposed Parking Revenue Distribution Attachment D: Summary of Issues and Recommendations 14 Parking Structures 7 and 8 Parking Structure 7 i L_ 1 O -[I/////////; ///////////® ~/ ///I/I~~ ~~,b/%/%///%/ ////////I/%/%///%//~ ~ ~~~~~~~~~~ ~~~~~~.~~~~q n~~~~~~ b ~////////// r//////////~ Parking Structure 8 Il////f~/////I/i/i;i®//!/I/yL ~\\\\\\ \\~\\\\\\\\\1\~. ~h:.~ g\\\\\\ \\\\\\\\\\i\\\\~ ~;~ ////////////~ /////!////!n ,,~/////////i//l//////////~ ~ i a _~°; ATTACHMENT A -1- PARKING STRUCTURE #7 Proposed Cltt OF SANiA MONICA ~~ ~ PARKING GARAGE A I I. ' Stx LNnik.'p~s:Gr +A.3v x~w~iCx b~~J31 Existing Condition ATTACHMENT A -2- PARKING STRUCTURE #7 Cltt OF SANLA MONICA ~- PARKING GARAGE W ¢neunr.,.osc~ra.z.winuox 6~t>3t -3- PARKING STRUCTURE #7 Proposed Retail View4 Proposed ,.o.Pw.. - CIiY OF SANiA MONICA i' PgRKING GARAGE F' y zcx[nnec osax Paes[mnnex °f)at Existing 4- PARKING STRUCTURE #7 NORIfI elevoiion ~~ ORIEUiED SPgC£ YY LJ 1 elevnlinn rvn~i vvtt I'ulurce rUtlLIL. AKI ENTRANCE iO GARAGE N BROADWAY S7REET I I RFf t~5 CE51 ;. ~ I ~S ACES ,.._ qv~~.4 R~E1 yl v '"ve dPgdn d01vv~lvSVA[E 1 9 9 GROUND,.~tl.Rla, ,..~.,, ~I SOLAP. PANELS AOOVE SIGNAGE PANEL OPTION FOR PEDESTRIAN ORiENiEO SPnCE =En ES:Ri.,: 'vn re E. soAre re ~ A.+FS Raotte W K N 2 K .7 O W CITY OF SANTA MONICA PARKING GARAGE A 7 ecnswwc omien s_smunuu ~Rtoa -5- ' Re1gIL SPACE WITH GARAGE ENLRANCf ip GARAGE SIYLf fOLi]ING DOORICANOPY 1REX PANEl5 AI59$COVERAGE CNANNF.L GLA55 STAIR ENC'.OSIIRE PARKING STRUCTURE # 8 Proposed j£I~ - CITY OF SANTA MONICA ~~ i PARKING GARAGE +8 s d SC.4.n.nT[o.sl~rv r;:SEHixeiox ~lJ3~ ATTACHMENT A -6- view s I ~ CIiY OF SANiA MONICA ~~ E PARKING GARAGE ..B = _. _-.. _... a imeoo mn,~fzr¢oeoex.a_sxu.~iorv ~~t>3~ . 7 PARKING STRUCTURE #8 PARKING STRUCTURE #8 Proposed Display/Exhibit Area Proposed ' ~ UiY OF SANiA MONICA + L PARKING GARAGE : 8 ~ ~_ ____~ co wino` 'a scmv,,.nc o_~inn:assev..io~i °i ~.i PARKING STRUCTURE #8 e .~. .. ~._ ~ ~ ~ ~_ .M I~ I ~ ~ ' SVUTH elevOllon j I ':~- PEDESTRIAN OH1ENiED SPACE I / 16" = I' '2J ESISLING SCREEN IO REMAIN PUBLIC ARi DISPLAY SPACES tRE% PANELS WRAP BEHIND SCREEN WALL FOR FUTURE PUBLIC ARi NE~~ ---- iRE%PANELS Ai 509 COVERAGE PEDESTRIAN ORIENTED SPACE EA., I i lavdtlon I ~ ''' qNp E%li TO GARAGE r w' w ~ :. ~ ' rn Z O U " w ` rn PEDCSSRIAN ' ORIENTED SPACE 113 CAR SPACES iAKENI BEHIND SCREEN ^ GROUND 1100,,,10 °nfL; n F zo~ =.I' I vl I~ _._- '- LINE OF E%ISi1NG SCREEN ABOVE COLORADO STREET CIiT OF SgNiA MONICA PARKING GARAGE p e _ scnxanc o_zloxssentnnox A~t~3r -9- ~) i` Aol ("el Parking Structure 7 Cempx PANEL <o~~f~~<fia~ .~ :wnertrve~~~ ~ nn:rtvcel: in en rym~'. !ru.nryrte~ ^ . '~ O i~ I i '. '' , , ~~ ' IO j ~~ ~ ~' I '~O ! '. i0 1_ i0! 0 : ':~ : I iO i '' 0 ' i i ID i ' ~ CIiY OF SANiA MONICA + ATTACHMENT A PARKfNO ~AaA~es .90_ i CM1Onnel glass _witM1 <oloretl film CURRENT PARKING REVENUE DISTRIBUTION GROSS REVENUE -PARKING TAX NET REVENUE ATTACHMENT B CITY MACERICH 1. PARKING PROGRAM ADMIN COSTS X 2. PARKING PROGRAM OPERATIONAL AND FACILITIES MAINTENANCE COSTS X 3. CITY PREFERENCE PAYMENT X 4. MACERICH PREFERENCE PAYMENT X REMAINING GROSS REVENUES 50% / \ 50% CITY I ~ MACERICH PROPOSED PARKING REVENUE DISTRIBUTION GROSS REVENUE -.PARKING TAX NET REVENUE 1. PARKING PROGRAM OPERATIONAL COSTS 2. PARKING PROGRAM ADMIN COSTS 3. CITY PREFERENCE PAYMENT 4. ATTENDANT PARKING ANNUALIZED CAPITAL IMPRV COSTS 5. MACERICH PREFERENCE PAYMENT 6. FACILITIES MAINTENANCE COSTS ATTACHMENT C CITY MACERICH X X X X X X X KEEP WHOLE RELATIVE TO TODAY 50% CITY LOST CITATION REVENUE* OTHER CAPITAL COSTS 50% MACERICH SECURITY OTHER OPERATING " IF DISTRUBUTION TO CITY IS LESS THAN $277,000 (PLUS CPI) IN ANY YEAR, THE DIFFERENCE IS DISBURSED TO CITY BEFORE REVENUE SPLIT ATTACHMENT D Summary of Issues and Recommendations Parking Structures 7 and 8 Issue Recommendation Agency Council -. _w 1 Conversion to attendant parking Move forward x 2 Valet parking program 3 Fagade improvements Pursue text amendments x Move forward, including flexible, pedestrian-oriented x spaces 4 Leasing of retail 5 Construction in parking structures 6 Colorado streetscape improvements Move forward with Macerich x Move forward with Macerich- x Move forward in near-term x 7 Design contract amendment Authorize amendment x Reference Contract No. 8900 (CCS/RAS) and amendment to Contract No. 8551 (CCs)