A. A portion of required off street parking spaces may be land banked in-lieu of constructing the subject parking spaces for buildings established after May 6, 2019 in attempt to promote open and greenspace and subject to the following conditions and requirements.
1. Properties zoned C-2, C-3, C-4, M-1 and M-2 are eligible for permitted land bank parking.
2. Commercially Zoned Assembly Uses and Restaurants are not eligible for permitted land bank parking.
3. A maximum of 25% of the total required off-street parking spaces can be land banked in-lieu of constructing the subject parking spaces.
4. The zoning administrator and city council reserve the right to require the subject property owner to construct a portion of all of the land banked parking spaces at any time.
5. A parking plan which shall be provided at the time of the request and shall contain the following information:
a. The locations of the land bank parking spaces. The land bank parking spaces shall be in full compliance with the parking regulations of this chapter.
b. An off street parking calculation table shall be provided showing the total number of required spaces and the proposed number of parking spaces to be land banked.
c. The parking plan shall show the interim use of the land banked area.
d. A statement shall be added to the parking plan that the Des Plaines Zoning Administrator and the Des Plaines City Council reserve the right to require the current property owner to construct a portion or all of the land bank parking spaces at any time.
6. No permanent buildings or roofed structures shall be improved on the portion of the subject building that is dedicated for the land banked parking.
7. A legal agreement shall be approved by the city attorney which will ensure that the land banked parking spaces shall be effectively maintained as open green space until such time the land bank spaces are constructed. The approved agreement shall also be recorded by the property owners with the county recorder's office.
8. A fee of seventy-five dollars ($75.00) per space land banked shall be charged to the applicant when applying for a land bank parking request. (Ord. Z-13-19, 6-3-2019)