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Downtown Parking Management Plan 30 3.0 Parking Management Plan Costs and Revenues 3.1 Introduction CDM Smith developed a 10-year Proforma analysis of the recommended parking management plan strategies using cost and revenues provided from the City of San Leandro as a baseline. It includes capital equipment estimates and replacement costs as well as estimated labor needs to support the program and anticipated revenues. The evaluation includes different equipment options and pricing approaches. The Proforma analysis is included in Appendix D along with the supporting Financial Analysis Tables. The capital and operating costs for the Parking Management Plan alternatives are summarized below and are the basis for the Proforma. This information is only an initial estimate and will most likely need revision throughout the implementation of the plan to reflect actual cost. Recommended Program Summary  Off-Street Lots with free 2-hour parking and $1/hour parking meters  Monthly Permits and Short-Term Meters at the Estudillo garage  Residential Permit Program – Downtown Recommended Capital Costs  Multi-space meters at the Estudillo garage (2 meters at $12,000 each with a 10-year lifespan; $24,000 total capital cost)  Enforcement PDAs (3 PDAs at $2,000 each, including tablet and printer, with a 3-year lifespan; $4,000 total capital cost every 3 years)  Wayfinding Signs (one-time up-front cost of $5,000)  Assumption that equipment is financed through the vendor  Assumption that Genetec LPR cameras are a sunk program cost which should be able to be integrated into an updated enforcement program at little additional cost per discussion with the vendor.  Assumption that annual maintenance costs for the meters are included with the costs above.  Assumption that new or replacement enforcement PDAs will be needed; however, the equipment vendor will evaluate what the City has and may make additional recommendations. The following sections describe the program costs and revenues developed for the parking management plan. 3.2 Program Costs Smart Meters versus Multi-space Meters Although CDM Smith developed cost alternatives for two on-street metering technologies—single space smart meters and multi-space meters—the City of San Leandro has decided to move forward with free on- street parking and not requiring any on-street metering until a functional capacity of 85% is reached for on- street parking. Off-Street Lots with Multi-space Meters The Estudillo garage will need two new multi-space meters installed because the prior vendor can no longer support the existing equipment. 628