Agenda - City of Santa Monica

The TIC shall also include a list of facilities available for
carpoolers, vanpoolers, bicyclists, transit riders and pedestrians at
the site, including locations of EV charging stations, and car share
and bike share locations. Walking maps and information about
local services, restaurants, movie theaters and recreational
activities within walking distance of the Project shall also be made
available. Such transportation information shall be provided onsite,
regardless of whether also provided on a website.
B. Unbundled Parking. Developer shall lease (a) its parking to
residential tenants separately from the residential units and (b) its
employee parking to commercial tenants separately from the
commercial space. Such parking shall be leased at market rates
established by Developer from time to time. However, Developer
shall offer a parking space for the tenant(s) of the affordable units
at no additional cost, and shall provide a $100 rent reduction if the
affordable unit tenant(s) declines a parking space. Developer may,
subject to the Planning Director’s approval, reconfigure the
parking spaces and operations from time-to-time in order to
facilitate unbundling of parking. Developer shall require in all
tenant leases it executes as landlord that each tenant charge its
employees for parking and that all subleases contain this same
provision.
C. Public Bicycle Parking. Developer shall provide bicycle parking
for public use in the amount of seven (7) short-term bicycle
parking spaces for commercial patrons and six (6) short-term
bicycle spaces for resident visitors (13 total public bike spaces), as
shown on the Project Plans.
D. Marketing. Developer shall periodically promote ridesharing
through newsletters or other communications to tenants, both
residential and commercial. Furthermore, Developer shall hold at
least one rideshare event annually for residential tenants and
commercial employees of the Project, which may be provided in
conjunction with the contemplated TMA.
E. Transportation Coordinator. Developer shall designate an existing
employee at the project site as the “Transportation Coordinator” to
be responsible for implementing, maintaining and monitoring the
TDM Plan. Once at least 50% of the residential units are occupied,
the Transportation Coordinator must be able to dedicate a
minimum of fifteen hours per week to overseeing the TDM Plan.
The Transportation Coordinator’s contact information shall be
provided to the City and updated as necessary. The Transportation
Coordinator shall be responsible for promoting the TDM Plan to
employees and residents, updating information boards/websites,
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