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Table T-14: Parking Survey Data Summary Survey Location Number of Units Day of Week Parking Occu an Parking Rate Nineteen01 264 Peak Weekday Demand 344 1.35 Peak Weekend Demand 342 1.35 The Marke 300 Peak Weekday Demand 230 0.77 Peak Weekend Demand 193 0.64 Average Demand(Weekday) 1.06 Average Demand Weekend 0.99 Peak Demand Per Unit(Weekday & Weekend 1.35 Total Project Parking Provided 539 Total Project Parking Required Per Peak Demand 365 Project Parking Surplus 174 Source: Trans lutions, 2019. Attachment C. As identified on Table T-14, the peak parking demand is 1.35 spaces per unit at Nineteen01 and The Marke has much lower parking rates. Applying the Nineteen01 peak parking rate to the Modified Project would result in a need for 346 parking spaces. As described previously, the Modified Project includes 511 parking spaces, which is 165 more than the number of spaces forecast to be needed for the Modified Project based on recent parking surveys done at similar multi -family developments. As a result, no potentially significant impact related to residential parking would occur. In addition, the site currently provides 180 parking spaces for use by the OC Discovery Cube. The Modified Project would maintain the use of these spaces for the OC Discovery Cube by implementation of a perpetual easement of the shared surface lot area. As this is an existing condition, no impacts related to the use of the site for OC Discovery Cube parking would occur. Conclusion for Transportation/Traffic and Circulation The Modified Project would develop 48.4 percent fewer residential units than the Original Project, which would result in more than 79 fewer a.m. peak hour trips, 96 fewer p.m. peak hour trips, and 1,186 fewer daily trips than the Original Project. Thus, no new impacts related to the volume of vehicular trips would occur from the Modified Project. Additionally, the Modified Project would implement changes to the Main Street and Walkie Way intersection geometrics that would result in less than significant impacts to study area intersections, roadway segments, and vehicle queues, which is consistent with the impacts of the Original Project as detailed in the EIR. The Modified Project would also provide parking for the proposed onsite multi -family residential uses that meet the anticipated parking demand pursuant to ITE rates and parking surveys at similar developments within the City. As a result, parking related impacts would be less than significant. Based on the foregoing, none of the conditions identified in CEQA Guidelines Section 15088.5 that would trigger the need to prepare a recirculated EIR or other environmental document exist. The Modified Project would not result in either a new significant environmental impact or a substantial increase in the severity of a previously identified impact. EIR Mitigation Measure The EIR determined that impacts related to transportation and traffic would be less than significant and no mitigation measures are required.