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HRA Regular Session <br />Meeting Date: 01/08/2013 <br />By: Darren Lazan, Housing & <br />Redevelopment Authority <br />Information <br />Title: <br />Approve First Amendment to Amended and Restated Parking Use and Maintenance Agreement - Ramp A <br />Background: <br />In April of 2012, the City, The HRA, and the EDA approved the Amended and Restated Parking Use and <br />Maintenance Agreement (PUMA). <br />5. 5. <br />This amended agreement was updated to address, among other things, the concept of the dedication of spaces to The <br />Residence at The COR, and the related signage and use issues surrounding the ongoing operation of the ramp now <br />that it will be completely allocated. <br />The agreement was recorded in May of 2012, and included a provision for the preparation and execution of an <br />amendment to the agreement to add the legal description for the "Exclusive Easement Area" as outlined <br />conceptually in Exhibit D-2 of the recorded agreement. This was to be prepared following the completion of <br />construction of the ramp and related vestibules. <br />That survey has been completed and the easement areas identified based on the constructed condition. <br />Notification: <br />Observations: <br />As -Built Parking Summary: <br />Ground Floor - 165 stalls + 8 Accessible stalls = 173 Total Stalls <br />2nd Floor - 216 stalls + 5 Accessible stalls = 221 Stalls <br />3rd Floor - 214 Stalls + 5 Accessible Stalls = 219 Stalls <br />4th Floor - 178 Stalls + 2 Accessible Stalls = 180 Stalls <br />TOTAL STALLS - 793 <br />After a final Assessment of the constructed parking configuration, the following reflects the current parking <br />allocation for Ramp A: <br />Stalls DEDICATED to Lot 3, Block 1, COR ONE - 275 <br />Stalls ALLOCATED to Lot 3, Block 1, COR ONE - 25 <br />Stalls ALLOCATED to Transit (per funding requirements) - 350 <br />Stalls ALLOCATED to Municipal Center - 75 <br />UNALLOCATED Stalls (future use) - 68 <br />TOTAL STALLS - 793 <br />Notes: <br />Municipal Center requires 136 stalls by code, but provides 64 on -site stalls, and therefore needs 72 stalls in Ramp A <br />to meet current parking requirements. Previous Allocation to the Municipal Center was 108 stalls. HRA/Council <br />