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HomeMy WebLinkAbout2015-06-02 WS• AGENDA CITY COUNCIL WORK SESSION CITY OF EDINA, MINNESOTA COMMUNITY ROOM TUESDAY, JUNE 2, 2015 5:00 P.M. I. CALL TO ORDER II. ROLL CALL III. 50TH & FRANCE AVENUE: PARKING & FUTURE OF CITY OWNED PROPERTIES IV. AFFORDABLE HOUSING POLICY V. ADJOURNMENT The City of Edina wants all residents to be comfortable being part of the public process. If you need assistance in the way of hearing amplification, an interpreter, large -print documents or something else, please call 952- 927-8861 72 hours in advance of the meeting. 11 SCHEDULE OF UPCOMING MEETINGS/DATES/EVENTS 11 Tues June 2 Work Session — Parking & Future of City Owned Properties 501h & France 5:00 P.M. COMMUNITY ROOM Affordable Housing 6:00 P.M. COMMUNITY ROOM Tues June 2 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS Tues June 17 Work Session —joint Meeting with Edina Transportation Commission 5:00 P.M. COMMUNITY ROOM Tues June 17 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS Fri July 3 INDEPENDENCE DAY HOLIDAY OBSERVED — City Hall Closed Sat July 4 INDEPENDENCE DAY PARADE Tues July 7 Work Session — Sidewalk & Street Maintenance 5:00 P.M. COMMUNITY ROOM Utility Rate Study 5:45 P.M. COMMUNITY ROOM White Oaks Improvement Association 6:30 P.M. COMMUNITY ROOM Tues July 7 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS Tues July 21 Work Session — Business Meeting/201-2017 Proposed Budget 5:30 P.M. COMMUNITY ROOM Tues July 21 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS Tues Aug 4 Night To Unite Wed Aug 5 Work Session COMMUNITY ROOM Wed Aug 5 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS Tues Aug 18 Promenade Phase 5 5:30 P.M. COMMUNITY ROOM Tues Aug 18 Regular Meeting 7:00 P.M. COUNCIL CHAMBERS • inomic Development ne 952-826-0407 • Fax 952-826-0390 • www.EdinaMN.gov Date: June 2, 2015 To: Mayor and City Council Members From: Bill Neuendorf Economic Development Manager Re: 50"' & France Parking and Future of City -Owned Properties Background: MEMO �9Z11A. 0�e' 0 WS Item 111. In 2011, a study was prepared to reconstruct the Center parking structure and expand the South parking structure at a total cost of approximately $14 million. This plan was not supported by the business community due to its high cost and high level of disruption during the construction period. This plan was not implemented. In 2013, an alternative strategy was pursued to restore and maintain the existing parking structures as • a first priority and to consider expansion when restoration was complete. Kimley Horn Associates was engaged to determine the scope of work and to design the improvements. In 2013 and 2014, the Edina Housing and Redevelopment Authority (HRA) acquired two parcels of land on the east and west of the North Parking Garage. The North Garage is the newest parking structure and has the longest service life making it a strong candidate for expansion. With the restoration work complete, it is time to turn attention toward parking expansion to ensure that 50' and France remains a highly desirable place for residents, business owners, employees and other customers. Discussion Points: 1) Expansion of the North Parking Garage a. Additional stalls still appear necessary during peak periods of peak days i. 2011 study called for 140 to 200 new parking stalls ii. Recent parking usage data could be analyzed to refine the number b. Management of existing public parking stalls i. Improving slightly with 2014-2015 policy changes ii. North Ramp frequently has space while South & Central Ramps crowded iii. Minimal additional improvements likely with "free parking" policy City of Edina • 4801 W. 50t' St. • Edina, MN 55424 50th and France Parking memo Page 2 c. Coordination with adjacent improvements to privately -owned parcels i. Post Office property was sold in 2012 and might be redeveloped in the future ii. Walgreens has possible interest in redevelopment/expansion in the future d. Expansion for parking or mixed-use parking has high capital cost i. Order of Magnitude cost for east and west expansion (parking only) _ $5 million ii. Order of Magnitude cost for east and west expansion (parking plus commercial space) _ $12 million; a portion of the cost could be offset by sale of new commercial space iii. Capital improvements have historically been funded by the HRA with the business owners bearing the cost of operations and maintenance e. Phased expansion of east and west parcels should be considered i. Simultaneously expansion could reduce overall construction disruption ii. Separate expansion could allow for better staging, less street disruption and potential coordination with adjacent properties 2) Options for 3944 parcel (formerly Hootens Cleaners) a. Raze existing building i. expand with 50-75 new stalls on 2 or 3 levels • ii. expand with commercial on street level and 25-50 new stalls above iii. expand with 22 stalls on surface b. Temporarily retain existing building until ready for full expansion i. Use for City storage with public parking in rear ii. Short-term (2-5 years) tenant could lease building `as -is' (e.g. antiques or pop-up retail) iii. Mid-term tenant (5-10 years) could remodel and lease building (e.g. fitness, retail or service) 3) Options for the 3930 parcel (formerly Edina Realty a. Expand with 131 new stalls on 2 or 3 levels b. Expand with commercial on street level with 94 new stalls above c. Expand with surface parking (37 stalls) Attachments: Excerpts from January 2014 Feasibility Study & Report (8 -pages) East & West Expansion diagrams with cost estimate (8 -pages) • Graphs of recent parking usage (5 -pages) i Excerpts from P-23 Feasibility Study FEASIBILITY STUDY AND REPORT FOR CITY OF EDINA 50th & FRANCE PARKING AND WAYFINDING IMPROVEMENTS EDINA IMPROVEMENT NO. P-23 Kimley-Horn and Associates, Inc. 2550 University Avenue West Suite 238N St. Paul, MN 55114 (651) 645-4197 I hereby certify that this plan, specification or report was prepared by me or under my direct supervision and that I am duly Licensed Professional Engineer under the laws of the State of Minnesota. Signature: NAIL � (4 ' Daniel J. o , P.E. Date: January 21, 2014 Lie. No: 44821 r i 7 r r 0 0 i r 7 CITY OF EDINA 50'b & FRANCE DISTRICT PARKING AND WAYFIND7NG IMPROVEMENTS EDINA IMPROVEMENT NO. P-23 TABLE OF CONTENTS Excerpts from P-23 Feasibility Study 0 1. INTRODUCTION.....................................................................................................................1 2. PROPOSED IMPROVEMENTS............................................................................................... 3 3. CONSTRUCTION PHASING/STAGING................................................................................. 9 4. PUBLIC INVOLVEMENT....................................................................................................... 9 5. ALTERNATIVES ANALYSIS...............................................................................................10 6. ESTIMATED COST............................................................................................................... 25 7. METHOD OF FINANCING................................................................................................... 26 8. PROJECT SCHEDULE.......................................................................................................... 27 9. SUMMARY AND RECOMMENDATIONS........................................................................... 27 APPENDIX A — EXHIBITS Exhibit 1: Location Map Exhibit 2: Existing Public Parking Signs Exhibit 3: Proposed Public Parking Signs Exhibit 4: Streetscape Improvements Plan Exhibit 5: Middle Ramp Improvements Exhibit 6: South Ramp Improvements Exhibit 7: North Ramp Concept APPENDIX B — RAMP ASSESSMENT PHOTOS APPENDIX C — ADDITIONAL INFORMATION 2012 Streetscape Feasibility Report Summary of Property Owner and Business Owner Focus Group Meetings Parking Improvement Idea Survey (Business Owners and Property Owners) Menu of Alternatives Parking and Transportation Survey (Customers) APPENDIX D — PARKING OPERATIONS, MANAGEMENT, AND FINANCING APPENDIX E — PRELIMINARY ASSESSMENT ROLL AND MAP • E E 0 i U4 t Excerpts from P-23 Feasibility Study 1. INTRODUCTION On August 20, 2013 the Edina City Council authorized the preparation of a feasibility study for the 50th & France Parking and Wayfmding Improvement project, Edina Improvement No. P-23. The proposed project includes repair, rehabilitation and future expansion of parking, a new parking wayfinding system, and repair and rehabilitation of the landscape and streetscape elements. A feasibility report was previously prepared for 50th & France Parking Ramp Expansion in April 2012. The recommendations from that report were not implemented, due to business owner and property owner concern about project cost and impacts during construction. That feasibility report was based on the shared parking analysis dated April 12, 2011 that recommends adding 140 — 200 additional parking stalls. Currently the following public parking is provided in the Edina portion of 50th & France District: • South Ramp: 415 total spaces 200 employee spaces • Middle Ramp: 274 total spaces 0 employee spaces • North Ramp: 262 total spaces 220 employee spaces • Clancy Lot: 36 total spaces 0 employee spaces • Lunds Lot (Public): 15 total spaces 0 employee spaces • On -Street: 20 customer spaces 0 employee spaces There are an additional 305 private spaces in Edina owned by Lunds, Walgreens, BMO Harris Bank, US Bank, the post office, and the°5000 France condos. ,. � P � � Lnu� . yµfFy [��, Ay •', Building s;rte Surface Lot DED wens,^sues Parking Ramp h� Currently the following public parking is provided in the Minneapolis portion of the 50th & France District: • Ewing Lot:. 80 total spaces 0 employee spaces • On -Street: 20 customer spaces 0 employee spaces The proposed project recommended in this feasibility report is consistent with the Guiding Principles. The proposed scope is generally as follows: Add 140 to 200 new parking stalls through a public / private partnership on the 3930 West 49 Y? Street property (formerly the Edina Realty building) and / or other sites in the 50th & France District. This goal will be pursued as a separate • project. 1 2 Excerpts from P-23 Feasibility Study • There are private lots that provide an additional 165 spaces in Minneapolis. A project location map is provided as Exhibit 1 in Appendix A with parking ramp locations shown on Exhibit 2 in Appendix A. Subsequent to the April 2012 feasibility report, a group of Edina property owners presented a parking expansion concept to the city that would add structured parking to the east and west of the North Ramp. This concept addressed the business owner and property owner concern about project cost and impacts during construction. The property owner proposal required acquisition of the property to the east of the North Ramp (former Edina Realty building) and to the west of the North Ramp (former Ilooten Cleaner building). As a result of this proposal, and other considerations, the city proceeded with this feasibility study. This feasibility report has been developed with input from the 50th & France Business and Professional Association (the "Association") and their members. See Section 4 — Public Involvement for more information regarding stakeholder involvement. The following Guiding Principles were created to help the project development process: In order to maintain and enhance the 50`h & France district vision, to be the pre- eminent destination for the discerning consumer desiring a charming neighborhood experience, the following improvements should be made to the parking system and public areas that support the viability of the local businesses. • Provide adequate number ofparking stalls to accommodate employees and • customers • Provide clean, well maintained, safe, welcoming,and accessible parking structures • Optimize the use of existing parking using appropriate parking management best practices • Provide an effective communication system to help customers navigate to available parking stalls • Provide opportunities to access the district via non -motorized means such as Metro Transit, on foot and by bicycle 0 Provide a streetscape that is well maintained, accessible, safe, and continues to reinforce the unique character and identity of the district • Have a sustainable financing mechanism for annual maintenance, periodic repairs and future replacement • Mitigate construction impacts to businesses during construction, including no construction from October 23 through January I and during the Edina Art Fair. The proposed project recommended in this feasibility report is consistent with the Guiding Principles. The proposed scope is generally as follows: Add 140 to 200 new parking stalls through a public / private partnership on the 3930 West 49 Y? Street property (formerly the Edina Realty building) and / or other sites in the 50th & France District. This goal will be pursued as a separate • project. 1 2 Excerpts from P-23 Feasibility Study 2. PROPOSED IMPROVEMENTS The following is a summary of the proposed improvements included as apart of this project. Exhibits 3 through 6 in Appendix A further illustrate the proposed improvements. A. Parldng Expansion With a goal of adding 140 to 200 new parking stalls within the district to better serve the needs of the community, the City of Edina has purchased the property at 3930 West 49 1/2Street, formerly the Edina Realty building. The city has investigated other possible expansion sites, including 3944 West 491/2 Street (the Hooten Cleaners site) and the city's surface parking lot at Halifax and West 49 1/2 Street (the Clancy Lot). At this time only the former Edina Realty building appears to be a candidate for parking expansion. The preferred method for adding parking is to develop street level commercial space with new public parking provided above. In the future, the city may reach out to potential developers to formulate a redevelopment plan that is consistent with the vision of the 50th & France District and the goal to provide adequate public parking. 3 • Perform essential parking ramp repairs and preventative maintenance to the parking ramps. • Paint the interior of all parking ramps and the exterior of the South Ramp. • Replace deteriorated pavers with more salt tolerant pavers and improve drainage system below pavers. • Replace dying street trees and repair planter beds. 0 Screen all garbage areas with enclosure walls (two at Middle Ramp and one at South Ramp) and implement recycling centers. 0 New elevator and stair core in northeast corner of the South Ramp. • Increase brightness of parking ramp lighting by replacing existing fixtures with motion sensing LED fixtures. a Install a dynamic public parking wayfinding system, _ a Install an automatic underground irrigation system to serve two planter areas on south side of Middle Ramp. • Create easily identified pedestrian zones to and through parking ramps using floor paint, curbs and bollards. • Enhanced operations and maintenance of the parking ramps including power washing all ramps once per year, improved sanitation and quarterly cleaning of all glass. • Add hospitality signs at the entrance and exit of parking ramps. • Designate approximately 230 additional employee parking stalls and monitor employee parking demand. • Work with Metro Transit to add bus route and schedule signs, benches and bus shelters, and possibly real-time bus arrival information. The proposed improvements included as a part of this project are detailed in this report along with the estimated costs, a proposed financing plan, and a proposed schedule for the implementation of the project. 2. PROPOSED IMPROVEMENTS The following is a summary of the proposed improvements included as apart of this project. Exhibits 3 through 6 in Appendix A further illustrate the proposed improvements. A. Parldng Expansion With a goal of adding 140 to 200 new parking stalls within the district to better serve the needs of the community, the City of Edina has purchased the property at 3930 West 49 1/2Street, formerly the Edina Realty building. The city has investigated other possible expansion sites, including 3944 West 491/2 Street (the Hooten Cleaners site) and the city's surface parking lot at Halifax and West 49 1/2 Street (the Clancy Lot). At this time only the former Edina Realty building appears to be a candidate for parking expansion. The preferred method for adding parking is to develop street level commercial space with new public parking provided above. In the future, the city may reach out to potential developers to formulate a redevelopment plan that is consistent with the vision of the 50th & France District and the goal to provide adequate public parking. 3 ri i i 7 7 1 J f Excerpts from P-23 Feasibility Stud owners ake on-line. A summary of these meetings and parking impro ht • survey can and in Appendix C. A customer parking survey w nducted between Decemb 4 and December 19, 2013. The results o customer survey can be found in Appen ' C. Kimley-Horn also requ employee work schedule information from all busine to determine the oyee parking demand during the week. Many attempts were made to c so#trct all pro owners and business owners in the 50'' & France District. ey-Horn represenvisited each business in the district over a two- period to make initial contact istribute an invitation to focus grou rags. Kimley-Horn and the Association se eriodic email mess o allIsiness owners to reinforce the need for public cipation in the sect development process, and asked for specific involvement in th eys. Continued public involvement will be key during the final design process. 5. ALTERNATIVES ANALYSIS Based on the Guiding Principles the following alternatives were developed by city staff and the Project Advisory Team Through focus group meetings and an on-line survey, business owners and property owners ranked the alternatives. See Appendix C for the results of the business owner and property owner survey. The alternatives are grouped by category below and listed in order of business owner and property owner preference, from higher to lower preference. Alternatives in bold are recommended and part of the proposed improvements. All order of magnitude costs include indirect costs and a contingency. The alternatives below are taken from the • Menu of Alternatives matrix found in Appendix C. The Menu of Alternatives, in Appendix C, includes information about the Project Advisory Team's preferences about which alternatives should be included in the preferred alternative. A. Parking Ramp Expansion A.1 Add parking on Edina Realty and Hooten Cleaner sites with commercial space at ground level Does not include demolition or cleanup of sites. Order of magnitude cost estimate; $12,000,000. A.2 Add surface parking on Edina Realty and Hooten Cleaner sites with possible parking ramp construction in the future. Does not include demolition or cleanup of sites. Does not include future parking ramp costs. Assumes about 20 stalls on Hooten Cleaner site and 30 stalls on Edina Realty site. Order of magnitude cost estimate; $350,000. A.3 Add parking ramp on Edina. Realty, Hooten Cleaner and Clancy Lot sites with commercial space at ground level Does not include demolition or cleanup of sites. Order of magnitude cost estimate; $16,000,000. AA Add parking ramp on new sites without integrated commercial space on ground level. Does not include demolition or cleanup of sites; 3 level expansion on Hooten Cleaners and Edina Realty sites. Order of magnitude cost estimate; $5,000,000. - 10 Excerpts from P-23 Notes regarding the alternatives: Feasibility Study North Ramp Expansion Considerations Based on conversations with property owners in the 50th and France district, the commercial spaces, as described above, in parking ramps are not very desirable and could likely be leased in the $15 to $20 per square foot range. Assuming a 6 percent interest rate for the capital, the lease payments would not cover the financing cost for the commercial space. 11 The expansion in each direction would allow for up to a three story expansion with the floor plates matching the elevations of the existing structure. Existing vehicle circulation within the ramps would be utilized to access the new floor plates. Pedestrian circulation for the west expansion of the existing ramp would utilize the existing stairs and elevator in the southwest corner. An additional stair would be required within the east expansion of the existing ramp to provide additional pedestrian exiting. Expansions would be constructed out of reinforced, post - tensioned concrete matching the existing ramp. Exterior materials would match the exterior of the existing North Ramp. The North Ramp was originally constructed as a two level structure in 1991. A third level was added to the structure and also expanded to the west in the 1990's. Zoning requirements for the PCD -2 district allow height up to 48 feet or four stories through a height overlay district. However, expansion of the structure taller than three stories would likely require modifications to the foundations of the existing North Ramp. Setback requirements within the PCD -2 district require expansion to be set back twenty-five feet from the north property boundary that abuts a residential district unless a variance is attained. Expansion onto the former Edina Realty Building site matching parameters of the existing ramp was considered for this study and would require a variance. Expansion onto the Hooten Cleaners site matching the existing ramp parameters was considered for this study and would not require a variance. Integrated Commercial /Parking Considerations Considering the overall district, there is an expressed desire to consider the incorporation of commercial/retail space into the ground level of parking structure expansion. This mixed-use arrangement would provide additional commercial property frontage on 49 1/2 Street and would minimize the impression of all parking along 49h %2 Street. The extent of commercial space considered in this study totaled 4,850 square feet on the Hooten Cleaners site and 7,500 square feet within the Edina Realty Building site. Creation of occupied spaces within the open air parking ramp requires waterproofing and insulation above the commercial space as well as fire separations, sprinklers and additional mechanical systems. In order to maximize new - parking stalls, commercial space for this study was configured on the ground level only, underneath level two of the parking structures. This arrangement creates atypical commercial space requiring a sunken floor to achieve nine foot clear ceiling heights. When floors are sunk two to three feet below street level, ramps are required to create access for service and pedestrians. A more optimal configuration for retail spaces would require omitting level two in the parking structure expansion to allow clear ceiling heights approaching 15 feet. Based on conversations with property owners in the 50th and France district, the commercial spaces, as described above, in parking ramps are not very desirable and could likely be leased in the $15 to $20 per square foot range. Assuming a 6 percent interest rate for the capital, the lease payments would not cover the financing cost for the commercial space. 11 J. i Surface Parking Considerations Excerpts from P-23 Feasibility Study Another alternative considered is the construction of surface parking lots on either or both of the Edina Realty and Hooten Cleaners sites. This alternative would provide additional parking in the district and would provide time for the impact of parking management strategies and dynamic wayfmding to be evaluated. Construction of the surface lots would also provide more parking spaces during construction activities to replace spaces lost due the construction work in the parking ramps. B. Customer Parking B.k Free customer parking. No capital cost associated with this B.2 courage turnover at prime customer spaces using posted time 1' is and / or meters. ume meters for Edina on -street parking (40 stalls) and onl igns in the ramps. Ord of magnitude cost estimate; $25,000. B.3 Holiday s son parking strategies; additional par ambassadors and offsite employee p g. Add two ambassadors from N 1 through January 15 from 7:30am - 7: m; Offsite employee parking o eekdays only during shopping season, Emp ees use 125 US Bank stalls ring weekends during holidays. Order of magm de cost estimate; $35,0 annually. B.4 Add short term parking N customers or liveries on south side of 49 1/2 Street. Add signs and pavement m kings; D.44 not include street, sidewalk or curb work. Order of magnitude cost esti e; $ ,000. B.5 Add short term parking on norKsik of 51st Street. Add signs and pavement markings; Does not include street, s ewalk\holiy Order of magnitude cost estimate; $10,000. B.6 Valet parking. Four et stations; und loam - 10pm; Assume valet parking in r ps, except durion. Order of magnitude cost estimate; $250,000 ually. B.7 Access co of and paid parking in Sout4 and Middle Ips with 2 or 3 hour free parking. V anon program for additional time at business pease. Employee parking .ontr ed by prox card and gates. No "ticket spitters" or trols for customer p g. Order of magnitude cost estimate; $50,000. B.S Add meters to on -street parking both in Edina and Minneapolis. ume 40 on eet stalls in Edina and 40 on -street stalls in Minneapolis. Order of matude cot estimate; $50,000. 12 0 • OPTION C eiZS"2 EXISTING NEW PARKING East Expansion Concept Plan 2012 al11 l 37 ITI ADOONAL SPACES GROUI1) LEVEL a I 9 ❑ O _I) / rSTAiR �• GROUND LEVEL PLAN FULL RAMP - PARKING ON 3 LEVELS - 3930 PROPERTY 3 1/32'=1'-0' 3930 49X STREET RAMP ADDITIONAL SPACES GROUND: 37 SPACES SECOND LEVEL: 47 SPACES THIRD LEVEL: 47 SPACES TOTAL EXISTING NEW 3930 3918 131 SPACES1 11 2 '� SOUTH ELEVATION 3 1/32'=1'-0' M ON - n 71 o (o �-EYA-I n//Nb t i J A8o ✓� {I LOVE arA4,*P 2gj yfAt46 A-V vev • NS -1 2vS'C��IS S7 kD DSD � I Gbn/cEYT i!- West Expansion - parking only concept 2013 3—LEVEL. I \ P/}R-k-rlv6 Gl�-DvNO LEVEL i �LfFn/ _- f I STDA+46 E 0 eNEvv EXISt -4 �---XIe,;T I N & K01 -7K �-PtMp Exrr 4 5!'z s-rr-C--e-r • hr�P� r M—JAWAfLY West Expansion - parking only concept 2013 ' o 1ll4LLS Lai-(' LY_ . 3 5 S'Ta-LL�5 ^IPVZ-v ?t1 IL L�t:v6L • N P --T 5- 5?a-.t.5 A-DPE$ ■ ON Z LEVEL -5 I °o FIP-F-- �I WALL- • 4:- S /N PL�E - �orvcR-�7E I 57/x-uG7✓RE F�t-t Ft. ooh - p �tST�NG � flDCTIflnJ / i i MIDDLE -LVmp- l / LEvFL, pLAN ifl.t.f3 a NEW �xLyTING G L • }- IL 4 4 m J V) �/ +? w q - z� 4f V) oW Uj?NuI 4 p S Q • 0 .-.. -- - - .. - .. - ..- - -..A • � � nom. cS� Q t�i `L �W of � j �D � � t� Z � of � ' • 1 `, L West Expansion cost estimate 2013 City of Edina. 50th & France Ramp Expansion 3 -Level Construction Cost Parking 27,600 SF $ 45.00 $ 1,242,000 Sitework $ 50,000 Escalation (10% of 2012 Parking Cost) $ 124,200 Contingency (20%) $ 283,240 $ 1,699,440 2-Level+Retail Sitework Construction Cost Parking 25,200 SF $ 45.00 $ 1,134,000 Escalation - (10% of 2012 Parking Cost) $ 113,400 Waterproofing / Roof System 8,000 SF $25 $ 200,000 Construction Cost Retail 4,850 SF $ 170.00 $ 824,500 Sitework $ 50,000 Retail Excavation for full foundation $ 16,000 Contingency (20%) $ 467,580 Demo Existing Structure Demo Adjoining Spandrel Wall Common Excavation Bituminous removal Site Grading Footing/Foundation Excavation Total Retail Excavation ** Footing & Foundation 1,207 cy $ 15.00 $ 20,000.00 ** Added to the "Common Excavation" above $ 16,000.00 0 • $ 2,805,480 50,000 CF $ 0.65 $ 32,500.00 $ 32,500.00 3,000 SF $ 1.25 $ 4,000.00 $ 4,000.00 $ 13,500.00 556 SY $ 4.68 $ 3,100.00 367 CY $ 15.00 $ 6,000.00 280 CY $ 15.00 $ 4,400.00 1,207 cy $ 15.00 $ 20,000.00 ** Added to the "Common Excavation" above $ 16,000.00 0 • Date North Ramp Center Ramp South Ra -p___ Monday 12/1/2014 59 72 80 Tuesday 12/2/2014 61 85 91 Wednesday 12/3/2014 68 89 88 Thursday 12/4/2014 67 i 99 87 Friday 12/5/2014 63 101 109 Saturday 12/6/2014 37 100 105 Sunday 12/7/2014 8 67 97 Monday 12/8/2014 53 87 91 Tuesday 12/9/2014 62 Ej=94 Wednesday 12/10/2014 65 Thursday 12/11/2014 67 Friday 12/12/2014 69 Saturday 12/13/2014 41 Sunday 12/14/2014 10 60 75 Monday 12/15/2014 57 83 9 Tuesday 12/16/2014 62 94 Wednesday 12/17/2014 74 a •1 Thursday 12/18/2014 69 104 Friday 12/19/2014 75 101 119 Saturday 12/20/2014 49 103 100 Sunday 12/21/2014 9 68 74 Monday 12/22/2014 68 Tuesday 12/23/2014 75 Wednesday 12/24/2014 29 61 81 Thursday 12/25/2014 1 24 74 Friday 12/26/2014 59 102 125 Saturday 12/27/2014 38 95 117 Sunday 12/28/2014 12 108 Monday 12/29/2014 51 98 120 Tuesday 12/30/2014 55 99 119 Wednesday 12/31/2014 53 101 112 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 269 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Daily Peak Parking December 2014 140 120 100 _......._.. so — — 60 \IV 40 20 0 . ry\��~b ,�'L\�~p 'Y ti ,�3\ry�yb ry\b\ry�~b ry\y\ry�yp ry\(p\1��a \'t\ry��b \0\ry�ryb \oi\ry�ryp .YO��ryb .�'1\ry�~b ,�'L\ry�1b ,y'!\ry�~b .Yb\~�~b ,�h\ry0~� .Y6\~�ryb .Y1\ry�~b ,�0\1�vp ,�q\ryovb ti ti ti ti Sry 'r1' S'1• .y'L\ ,'1\ .pry\ ti'� .Yn\ .�'la ,Yry\ ryry\ ,yy\ ,Yry\ ,Lp\1�ryb �15\�O~p ,�•l\���b ,tip\ryO~b ,ti4V,4,t\'LO~b 3.��O,yb N -1 1141, .yl.y\ ,�'V .Y'Y\ ,Yy\ ,Yry\ N 4 —Percent Occupancy North Ramp —Percentage Occupancy Center Ramp —Percentage Occupancy South Ramp Percent Occupancy Date North Ramp Center Ramp South. Thursday 1/1/2015 4 44 105 Friday 1/2/2015 63 104 118 Saturday 1/3/2015 35 102 118 Sunday 1/4/2015 8 59 96 Monday 1/5/2015 54 68 82 Tuesday 1/6/2015 58 83 81 Wednesday 1/7/2015 63 77 as Thursday 1/8/2015 64 90 83 Friday 1/9/2015 49 86 �j Saturday 1/10/2015 45 1 Sunday 1/11/2015 10 57 Monday 1/12/2015 48 73 86 Tuesday 1/13/2015 50 74 96 Wednesday 1/14/2015 68 97 109 Thursday 1/15/2015 62 99 107 Friday 1/16/2015 50 98 118 Saturday 1/17/2015 40 105 Sunday 1/18/2015 8 69 95 Monday 1/19/2015 47 95 113 Tuesday 1/20/2015 62 87 90 Wednesday 1/21/2015 62 90 97 Thursday 1/22/2015 62 98 95 Friday 1/23/2015 55 101 116 Saturday 1/24/2015 37 102 Sunday 1/25/2015 7 75 94 Monday 1/26/2015 47 70 89 Tuesday 1/27/2015 55 86 90 Wednesday 1/28/2015 53 89 92 Thursday 1/29/2015 61 90 81 Friday 1/30/2015 52 93 Saturday 1/31/2015 32 1 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 269 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. 0 0 0 Daily Peak Parking January 2015 too 120.......-..-- 100 .. ao 60 — _ 40 20 0 1\'ti\ti�•Yy \'L\~O•,y ,Y\3\ry�•yh ti\b\ti�,,� \y\ti�,yy ,Y\6\ti�•~y \'1\ti�•~y 1\b\ti�•Yy \oi\ti�•,y �``.�0\ti�•'y �``,y'r\ti�•yy� ``.1'Y\ti�•,�� ``.�3\ryoyy \,yb\��•,h ,yy\��•yy �``,yro\ti�,yy \.Y'�\ti�•,y \.�6\ti�•,y� `,yoi\ti�•,y '1� Y '1� '1" 1 'ti\ '1^ 1 1 'N \.y0\ti�•�� `,t'r\~�•yy .y'Y\ti�•yy .y'�\ti�•,y ,yb\tioyy ,ty\ryO�O ,Y6\ryP ,Y1\rypyh ,1,41\ry�,yh ,v0\�D,tih ,�O\ry�,yh ,,'r\v�•�h 1 'N '1\ 4\ 1\ 1\ 1\ 1\ 1\ 1\ 1\ 1\ -Percent Occupancy North Ramp -Percent Occupancy Center Ramp -Percent Occupancy south Ramp 0 0 0 0 0 0 Date Occupancy North Center Ramp South Ramp Sunday 2/1/2015 7 56 79 Monday 2/2/2015 51 70 76 Tuesday 2/3/2015 54 77 81 Wednesday 2/4/2015 55 84 91 Thursday 2/5/2015 56 86 93 Friday 2/6/2015 52 �� 1 Saturday 2/7/2015 40 Sunday 2/8/2015 7 71 94 Monday 2/9/2015 50 78 79 Tuesday 2/10/2015 51 72 72 Wednesday 2/11/2015 55 87 88 Thursday 2/12/2015 59 93 88 Friday 2/13/2015 48 97 110 Saturday 2/14/2015 47 101 123 Sunday 2/15/2015 7 76 110 Monday 2/16/2015 47 94 112 Tuesday 2/17/2015 58 7795 Wednesday 2/18/2015 57 81 86 Thursday 2/19/2015 57 110 101 Friday 2/20/2015 57 99 116 Saturday 2/21/2015 53 100 120 Sunday 2/22/2015 8 78 103 Monday 2/23/2015 50 84 85 Tuesday 2/24/2015 57 81 94 Wednesday 2/25/2015 59 Thursday 2/26/2015 62 90 94 Friday 2/27/2015 46 95 110 Saturday 2/28/2015 41 106 107 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 260 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Daily Peak Parking February 2015 too 120 100 80 60 40 20 ��\ry�yh �\�ryotih ti��\ryo1y ti�d�ryo~y ,L\h\ry�.�h ,L\6\��.yh ry�\ry�ti5 'L�4�ti�'ry 'y��'�ti�'y�,L�tiO�~'yy,'y~ryo1y,L�'�ti�~'y�,��'ti�'~o'yy,y\'yb�ti�'ry,L\'yy�ti�lh,L\'yr°�ti�1y,y\'y1�ti�'1y,y\'yg�ti�'y�,L\'tio'�ti�'ryv\'Y��ti�'yy,L\'L1�ti�'yy,L\'L1�~'~y,L\'1y�ti�'yy,L\'Lp�ti�•y'',L\'Ly�ti�•,h,L\'16�ti�,yy,L\'L1�ti�•yy �\'Lg�1� —Percent Occupancy North Ramp —Percent Occupancy Center Ramp —Percent Occupancy South Ramp This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 260 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Date Ramp Center Ramp Ramp Sunday 3/1/2015 7 69 80 Monday 3/2/2015 48 72 85 Tuesday 3/3/2015 58 73 78 Wednesday 3/4/2015 56 81 67 Thursday 3/5/2015 57 80 - Friday 3/6/2015 54 Saturday 3/7/2015 45 ���\~O1� �• Sunday 3/8/2015 10 68 83 Monday 3/9/2015 51 68 90 Tuesday 3/10/2015 55 82 93 Wednesday 3/11/2015 58 92 105 Thursday 3/12/2015 58 94 103II Friday 3/13/2015 45 100 103 Saturday 3/14/2015 34 96 99 Sunday 3/15/2015 7 64 77 Monday 3/16/2015 50 73 89 Tuesday 3/17/2015 60 82 93 Wednesday 3/18/2015 58 87 101 Thursday 3/19/2015 62 99 95 Friday 3/20/2015 50 103 104 Saturday 3/21/2015 45 103 104 Sunday 3/22/2015 9 66 73 Monday 3/23/2015 52 65 79 Tuesday 3/24/2015 58 93 94 Wednesday 3/25/2015 61 92 Thursday 3/26/2015 58 96 101 Friday 3/27/2015 46 89 102 Saturday 3/28/2015 29 92 97 Sunday 3/29/2015 8 63 79 Monday 3/30/2015 49 68 78 Tuesday 3/31/2015 55 77 90 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 260 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Daily Peak Parking March 2015 120 ------- ------ -- 100 so --- 60 40 20 - 0 ���\~O1� 3�ry�ryo~h 0��\ryO~y ��p��O�h ��y�1�1y ��b\~Oyy ��\ry0tih ��'b���~�,��oi���1y�\,y0�1�~y�\,ti'1���1y�\.�'Y�1�1y�\.y^����1y�\.�b�1�yy�\,tiy���y��\,Yy����y�\,ti1���yy3\,y4���1��\,ti0�1�~y3\,ti0���~y3\,y'ti�1�~y�\,L'1�1��y�\,13�ti�•,y�\,1b�ti�•yy�\,Ly�ti�•y%'�\,yb�ti�•yh�\,y��ti�•Yy�\,10�ti�,yy�\,ti9�ti�,,h3\,,O�ti�•,5�\,�1�ti�•yy -Percent Occupancy North Ramp -Percent Occupancy Center Ramp -Percent Occupancy South Ramp 120 100 80 60 40 20 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 260 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Daily Peak Parking April 2015 Date North Ramp Occupancy -Percent Occupancy North Ramp Wednesday 4/1/2015 58 80 94 Thursday 4/2/2015 55 86 83 Friday 4/3/2015 45 91 Saturday 4/4/2015 32 90 81 Sunday 4/5/2015 3 10 56 Monday 4/6/2015 50 70 86 Tuesday 4/7/2015 59 79 86 Wednesday 4/8/2015 58 91 Thursday 4/9/2015 58 92 91 Friday 4/10/2015 51 102 100 Saturday 4/11/2015 30 98 99 Sunday 4/12/2015 8 73 74 Monday 4/13/2015 52 75 82 Tuesday 4/14/2015 62 94 Wednesday 4/15/2015 58 88 Thursday 4/16/2015 57 94 87 Friday 4/17/2015 52 r Saturday 4/18/2015 33 86 II Sunday 4/19/2015 8 59 77 Monday 4/20/2015 52 66 89 Tuesday 4/21/2015 54 73 91 Wednesday 4/22/2015 63 92 Thursday 4/23/2015 60 88 85 Friday 4/24/2015 49 Saturday 4/25/2015 34 Sunday 4/26/2015 9 64 64 Monday 4/27/2015 52 81 90 Tuesday 4/28/2015 58 80 94 Wednesday 4/29/2015 59 91 Thursday 4/30/2015 51 120 100 80 60 40 20 This chart documents the peak daily usage in each of the three city -owned parking structures at 50th/France. The North Ramp has 260 stalls. The Center Ramp has 271 stalls. The South Ramp has 329 stalls. Daily Peak Parking April 2015 -Percent Occupancy North Ramp -Percent Occupancy Center Ramp -Percent Occupancy South Ramp 5 Excerpts from April 2015 Occupancy Analysis - Peak use is NOT simultaneous in all ramvs. Da Day Date time percent occupied Location 1 Occupancy Rate 1 50% 1 60% 1 70% 1 75% 180%185%190%195% 100% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #1### Fri 4/3/15 1:00 PM 91% Center Ramp 50% 60% 70% 75% 80% 85% 90% Fri 4/3/15 1:00 PM 45% North Ramp Fri 4/3/15 1:00 PM 94% South Ramp 50% 60% 70% 75% 80% 85% 90% Fri 4/3/15 1:00 PM 78% Total 50% 60% 70% 75% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 2:00 PM 90% Center Ramp 50% 60% 70% 75% 80% 85% Fri 4/3/15 2:00 PM 43% North Ramp Fri 4/3/15 2:00 PM 101% South Ramp 50% 60% 70% 75% 80% 85% 90% 95% 100% Fri 4/3/15 2:00 PM 80% Total 50% 60% 70% 75% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 3:00 PM 84% Center Ramp 50% 60% 70% 75% 80% Fri 4/3/15 3:00 PM 44% North Ramp Fri 4/3/15 3:00 PM 98% South Ramp 50% 60% 70% 75% 80% 85% 90% 95% Fri 4/3/15 3:00 PM 77% Total 50% 60% 70% 75% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 4:00 PM 72% Center Ramp 50% 60% 70% Fri 4/3/15 4:00 PM 39% North Ramp Fri 4/3/15 4:00 PM 86% South Ramp 50% 60% 70% 75% 80% 85% Fri 4/3/15 4:00 PM 67% Total 50% 60% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 5:00 PM 71% Center Ramp 50% 60% 70% Fri 4/3/15 5:00 PM 32% North Ramp Fri 4/3/15 5:00 PM 78% South Ramp 50% 60% 70% 75% Fri 4/3/15 5:00 PM 62% 50% 60% Fri 4/3/15 #DIV/0! #### #### #### ##### #### #### ### ### #### Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 6:00 PM 66% Center Ramp 50% 60% Fri 4/3/15 21% North Ramp Fri 4/3/15 77% South Ramp 50% 60% 70% 75% Fri 4/3/15 56% 50% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 7:00 PM 65% Center Ramp 50% 60% Fri 4/3/15 15% North Ramp Fri 4/3/15 80% South Ramp 50% 60% 70% 75% 80% Fri 4/3/15 55% 50% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 8:00 PM 54% Center Ramp 50% Fri 4/3/15 9% North Ramp Fri 4/3/15 75% South Ramp 50% 60% 70% 75% Fri 4/3/15 48% Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/3/15 9:00 PM 45% Center Ramp Fri 4/3/15 6% North Ramp Fri 4/3/15 70% South Ramp 50% 60% Fri 4/3/15 42% #DIV/0! #### #### #### #### #### #### ### ### #### Sat 4/4/15 #DIV/0! #### #### #### #### #### #### ### ### #### Sat 4/4/15 8:00 AM 2% Center Ramp Sat 4/4/15 7% North Ramp 50th France Parking Structures April 1 to 30 , 2015 Hourly Occupancy Analysis - ALL Ramps Page 5 of 61 • u • • • • Day Date time percent occupied Location Occupancy Rate 50% 1 60% 1 70% 75% 1 80%185%190%1950/,.T 1000/6 Jai 4/4/15 12% Sat 4/4/15 8% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 13% Sat 4/4/15 12% Sat 4/4/15 18% Sat 4/4/15 15% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 31% Sat 4/4/15 19% Sat 4/4/15 34% Sat 4/4/15 28% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 46% Sat 4/4/15 25% Sat 4/4/15 55% Sat 4/4/15 43% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 70% Sat 4/4/15 29% Sat 4/4/15 66% Sat 4/4/15 56% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 1:00 PM 86% Sat 4/4/15 31% Sat 4/4/15 78% Sat 4/4/15 66% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 2:00 PM 88% Sat 4/4/15 32% Sat 4/4/15 74% Sat 4/4/15 65% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 3:00 PM 90% Sat 4/4/15 29% Sat 4/4/15 73% Sat 4/4/15 65% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! Sat 4/4/15 86% Sat 4/4/15 26% Sat 4/4/15 64% Sat 4/4/15 59% Sat 4/4/15 #DIV/0! Sat 4/4/15 #DIV/0! 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#### #### #### #### #### #### ### ### #### Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri Fri 4/10/15 4/10/15 5:00 PM 5:00 PM 86% 36% Center Ramp North Ramp 50% 60% 70% 75% 80% 85% Fri 4/10/15 5:00 PM 77% South Ramp 50% 60% 70% 75% Fri 4/10/15 5:00 PM 67% Total 50% 60% Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 79% Center Ramp 50% 60% 70% 75% Fri 4/10/15 25% North Ramp Fri 4/10/15 78% South Ramp 50% 60% 70% 75% Fri 4/10/15 62% Total 50% 60% Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 7:00 PM 67% Center Ramp 50% 60% Fri 4/10/15 7:00 PM 19% North Ramp Fri 4/10/15 7:00 PM 98% South Ramp 50% 60% 70% 75% 80% 85% 90% 95% Fri 4/10/15 7:00 PM 64% Total 50% 60% Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 8:00 PM 70% Center Ramp 50% 60% Fri 4/10/15 8:00 PM 12% North Ramp Fri 4/10/15 8:00 PM 98% South Ramp 50% 60% 70% 75% 80% 85% 90% 95% Fri 4/10/15 8:00 PM 63% Total 50% 60% Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 #DIV/0! #### #### #### #### #### #### ### ### #### Fri 4/10/15 9:00 PM 62% Center Ramp 50% 60% Fri 4/10/15 9:00 PM 10% North Ramp Fri 4/10/15 9:00 PM 93% South Ramp 50% 60% 70% 75% 80% 85% 90% Fri 4/10/15 9:00 PM 58% Total 50% #DIV/0! #### #### #### #### #### #### ### ### #### 50th France Parking Structures April 1 to 30 , 2015 Hourly Occupancy Analysis - ALL Ramps Page 19 of 61 CITY COUNCIL WORK SESSION AFFORDABLE HOUSING POLICY JUNE 27 2015 11 Metropolitan Council Various 2002-2004 8 Rental 12 West Hennepin Land Trust Various 2007-2014 Affordable Housing Production in Edina Property Name Location Year Built # of Affordable Units Type 1Yorktown Continental 7151 York 1972 264 Rental 2Yorkdale Townhomes 7429 York 1977 90 Rental 30ak Glen Townhomes 5515 Oak Glen 1981 26 Rental 4 Edinborough/Centennial Lakes York Ave & 494 1985-1990 332 Ownership 5Summit Point 5010 Summit Ave 1986 29 Rental 6South Haven 3400 Parklawn Ave 1982 100 Rental 7 Mt. Olivet Group Home 6432 Sherwood 2001 1 Rental 8Single Family Loan 5840 Zenith 2001 1 Ownership 9Single Family Loan 4840 Westbrook 2002 1 Ownership :10 Oak Glen Townhomes 5515 Oak Glen 2002 Rental 11 Metropolitan Council Various 2002-2004 8 Rental 12 West Hennepin Land Trust Various 2007-2014 9 Ownership 13 Come Home 2 Edina Various 2007 2 Ownership 14 Come Home 2 Edina Various 2008 4 Ownership 15Come Home 2 Edina Various 2009 9 Ownership 16 Come Home 2 Edina Various 2010 15 Ownership 17 Come Home 2 Edina Various 2011 15 Ownership 18 Come Home 2 Edina Various 2012 5 Ownership 19 Come Home 2 Edina Various 2013 9 Ownership 20 Come Home 2 Edina Various 2014 8 Ownership 21Come Home 2 Edina Various 2015 4 Ownership 2266 West 66th Street 2016 39 Rental 23Yorktown Gardens 7151 York 2016 10 Rental 24 6500 France 6500 France 2016 8 Rental TOTAL 989 . K, "I M I I I I 110 Funding HUD Subsidized HUD Subsidized HUD Subsidized TIF District HUD Subsidized HUD Subsidized Recycled TIF Recycled TIF Recycled TIF Recycled TIF CDBG/Holman Consent Decree CDBG Recycled TIF CDBG Recycled TIF Recycled TIF Recycled TIF Recycled TIF Recycled TIF Recycled TIF Recycled TIF TIF/Tax Credits Assisted Living Assisted Living 2 • • • 1970's 1980's 1990's 2000's 2010-2015 Proposed for 2016 Total Number of Units Produced 354 387 100 35 56 57 3 • • • Group Home 2000-2005 $8987000 Single Family Rehab Oak Glen Preservation 2006-2010 2011-2015 Total Investment $1,536,000 $2,010,000 Current Assets As of 4/30/2015 Available for Affordable Housing Investment: Come Home 2 Edina Come Home 2 Edina $4,2101000* *50% set aside for Come Home 2 Edina, 50% set aside for other affordable housing in the community. 4 0 0 0 PHOTOS OF AFFORDABLE HOUSING IN EDINA 0 C C Location: Edina Completion: 1986 Size: 392 units Affordable Units: 230 units N. • • s Location: Completion: Size: Affordable Units: Edina 1990 250 units 100 units SOUTH HAVEN ft WAX, t Sloe fiq 4 � � �4 � a tl � �^ �■■ww��'ff T Y. 1 1 it<� SUMMIT POINT r _ ,J • t w SUMMIT POINT .. 14 .� OAK GLEN .t cli � ,r ♦ e r r , "'ori ".� • 0 • • Location: Edina Completion: 1977 Size: 90 units Affordable Units: 90 units Location: Completion: Size: Affordable Units: Edina 1972 264 units 179 units 12 • • • 11-41 UN A 1 Yorktown Continental 1� s Ian"°`�` vrarrt,sl ss�'§"t�'�^irk...`2?jfsyx��..;..e.=< y A n k: lateri:cf" Country Club rr*icl.tr"�, 2. Yorkdale Townhomes Mtnnehaha Cruet Erlira f:mintry . `- N 54th St s 3. Oak Glen Townhome 'us ! ycrr!on hye idPrv.Mr t.ve � � � Rth Ski 4. Edinborough/CentennialVY 640 St ,. LakesIk Brtdesen Perk rl "w ,e ez fi r`Hwrr� 5. Summit Point W(I(Ah51 W66tlll Fsjj Richfield 6. South Haven F - ,Showpiq Centet VV 701n .. ,a lY (Otti �:t r 7. 66 West 3 $ 44 4 ' ?r 6 8. Yorktown Gardens ),77th , ,. W lag, St" for 81.,1 V.� 9. 6500 France 13 • • • BACKGROUND 1. The City of Edina and the Metropolitan Council have worked together and established an affordable housing goal of creating 212 new affordable housing units in Edina by the year 2020. Since 2008, the City Council has approved 168 affordable housing units in the community. None of these units has been built — 18 of these units are projected to begin construction in 2015. 2. The Edina Housing Foundation was established to assist the City to fund housing for low to moderate income families and elderly persons. 3. The Edina Housing Foundation has worked to accomplish these goals in affordable housing. In addition to maintaining existing affordable housing in Edina, since 1986 the Edina Housing Foundation has assisted in providing 366 new affordable housing units in the City of Edina. 4. The City Council requested that the Edina Housing Foundation recommend an affordable housing policy for the City. 14 • • • POLICY 1. The City Council will require that at least 20% of the total units in new multi -family housing developments requiring rezoning or variance(s) be sold or rented at an affordable price as defined below: 2. The City will consider Tax Increment Financing for projects that include at least 20% of the total units for affordable housing. 3. The City will consider fee waivers and/or modifications to SAC/WAC and/or park dedication fees for projects that include at least 20% of the total units for affordable housing. 4. The Edina Housing Foundation will consider providing financial assistance to new housing projects that include at least 20% of the total units for affordable housing. 5. Affordable rental housing shall remain affordable for a minimum of 15 years; this requirement shall be memorialized by a Land Use Restrictive Covenant. 15 AFFORDABLE HOUSING DEFINITIONS: Rental Housing: Either 20% of units are both rent restricted and occupied by persons whose income is 50% or less of the area median gross income, Or 40% or more of units are both rent restricted and occupied by persons whose income is 60% or less of the area median gross income. Both incomes (adjusted for family size) and rental rates (adjusted for bedroom count and including the cost of utilities) are updated annually and published in the Minnesota Housing website at www.,-nnnousing.g 16 • . • 2015 Income and rental limits are as follows: Gross Incomes Gross Rents 0 0 0 AFFORDABLE HOUSING DEFINITIONS: Ownership Housing: 20% or more of units are affordable to and initially sold to persons whose income is at or below the Levels set in the Minnesota Housing "Startup Program" (first time homebuyer). This program has a sales price limit of $310,000. The Edina Housing Foundation has set this limit at $350,000 in consideration of the high prices in Edina. The Foundation would recommend that $350,000 be used as the acquisition limit in this definition. The 2015 income limits as published on the Minnesota Housing website are as follows: 1-2 person household 3 + person household $86,600 $99,500 Income limits and maximum sales prices are updated annually. W • • 0 rn rq