pages: PlanningBoard/2014-11-10.pdf, 3
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PlanningBoard | 2014-11-10 | 3 | and are actively planning for that. He wants to have a transit-oriented project as much as possible, but an all-lease option will have a best chance to reduce car ownership and use. Board Member Alvarez-Morroni asked the dais who owns cars. Everyone had at least one. She stated that the Board needed to be realistic about car ownership. Mr. Thomas stated that the Del Monte is a mixed-use project. 30,000 square feet will be of commercial space, and they will have parking. Moreover, everyone can have at least one car. The question is how many people will need two or three spaces. Board Member Knox White stated he will support the will of the Board, but thinks that there are better options. Staff has presented one compromise, Hybrid Option B. Board Member Köster asked if the Board needed to pick Hybrid Options A, B, C, or D. President Burton replied that the plan is going to Council, and that the Board is advising them. Board Member Alvarez-Morroni motioned to approve the TDM and the developer's plan of having at least one parking space per unit (option Hybrid A), with a 90% occupancy minimum for pricing, and have three parking studies: one as a baseline, one at initial occupancy, and one two years after full buildout. Vice President Henneberry seconded the motion. Board Member Zuppan asked Mr. Thomas if this parking will supply buildings B and C. Mr. Thomas replied no. Board Member Knox White said he assumes that Board Member Alvarez-Morroni is supporting Hybrid Option A. Board Member Alvarez-Morroni responded in the affirmative. President Burton suggested that the parking study and the parking sign fund be expanded to one year after full buildout. The first study will be conducted in 2015 as a baseline, the second a year or two after it's finished, and perhaps a third when the building is half-full. Board Member Zuppan wanted to add some kind of lease timetable so that the lease rates are not fluctuating monthly. Board Member Knox White proposed semi-annual rates. Board Member Alvarez-Morroni motioned to approve the TDM and the developer's plan of having at least one parking space per unit (option Hybrid A), with goal of a minimum occupancy of 90%, and three parking studies: one as a baseline, one at initial occupancy, and one two years after full buildout. A sign fund will be established, and if the money is not used by completion of housing on site B, or two years after buildout of Del Monte, it will go to transit funds. The pricing of the parking would be reviewed on a semi-annual basis. Vice President Henneberry seconded. The motion carried 7-0. Approved Regular Meeting Minutes Page 3 of 7 November 10, 2014 | PlanningBoard/2014-11-10.pdf |