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E <br />19. The City of Santa Ana has an agreement with Comet, Inc. and KLST <br />whereby Comet, Inc. agrees to provide parking, in addition to parking <br />provided by KLST, for tenants of the Fidelity Savings building until the <br />year 2023 or until recission of the agreement. The proposed project <br />would eliminate the west parking lot owned by KLST (Sales Parcel 3) and <br />y <br />60 feet at the west end of the Comet, Inc. parking lot (Sales Parcel 5). <br />l <br />The Fidelity Savings Building consists of approximately <br />L' <br />116,900 square, feet of gross floor area. There are approximately 418 <br />parking spaces in the total parking area serving the building, <br />representing an existing ratio of 3.6 parking spaces per 1,000 square <br />f <br />feet of gross floor area. Approximately 198 of these spaces are located <br />i., <br />in the area proposed to be acquired for the Fashion Square project <br />(Sales Parcels 3 and 5). Assuming no redesign of the remaining parking <br />area to include compact car spaces, the Fidelity Savings Building Would <br />be left with 220 parking spaces, for a ratio of 1.9 spaces per 1,000 <br />i <br />square feet of gross floor area. <br />The City of Santa Ana zoning ordinance requires one parking <br />i', <br />space per each 300 square feet of floor area for office buildings, but <br />i <br />in practice, the City measures this requirement against about 90 percent <br />of gross floor area, with the remainder consisting of hallways, <br />l <br />'.. <br />elevators, restrooms and similar non -office space. This results in an <br />effective official city standard of 3 parking spaces per 1,000 feet of <br />gross floor area. Applied to the Fidelity Savings Building, this would <br />call for 351 parking spaces. <br />Thus, without mitigation, the Fidelity Savings Building would <br />have a shortage of 131 spaces below the City established standard for <br />office buildings. This could result in impacts on surrounding areas, in <br />that there may not be enough on -site parking for tenants, employees, and <br />clientele of the building, who would therefore seek alternative parking <br />in adjacent shopping centers and along public streets. It is quite <br />speculative at this time whether this pattern would occur to the extent <br />75D-1596 <br />