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<br /> 26 <br />Case Study #5: Downtown Cash-Out Examples <br />Santa Monica, California <br />In Santa Monica, 26 employers offer cash in lieu of parking. Twenty percent of employees take advantage <br />of the cash option and carpool or find other ways to get to work. <br /> <br />Louisville, Kentucky <br />The parking cash-out program at the Louisville and Jefferson County Metropolitan Sewer District in <br />Kentucky encouraged 21% of its employees to switch from driving alone to using alternatives. The <br />District was able to eliminate some of the parking it had been leasing, saving $125,000 each year. <br /> <br />Pleasanton, California <br />The city of Pleasanton, California initiated a parking cash-out program in January 1994, offering $1.50 per <br />day to employees who use an alternative to driving alone to work. Before the program started in 1994, <br />only 28 employees used alternative modes. By the next year, this more than doubled to 66, eliminating <br />20,625 trips, saving 12,375 gallons of fuel and preventing 123 tons of carbon dioxide emissions. <br />Source: ‘Parking Management’ brochure by Tri-State Transportation Campaign <br /> <br />