Land banking land within the development site allows for designating a portion of land on a site that would be required for parking to be held and preserved as landscape, rather than constructed as parking. The Planning Commission may permit land banking of up to thirty percent (30%) of the required parking spaces, subject to the following:
(a) Evidence is provided by the applicant that supports the reduced parking needs.
(b) The area proposed for land banking of parking spaces must be an area suitable for parking at a future time.
(c) Landscaping of the land banked area must be in full compliance with Chapter 1131 Landscape Requirements and, at a minimum, landscaped with turf or live groundcover.
(d) The land banked area cannot be used for any other use and must be part of the same zoning lot and all under the same ownership.
(e) As part of the site plan review process, the applicant must show the area to be banked on the site plan and marked as "Land Banked Future Parking".
(f) The Planning Commission, on the basis of increased parking demand for the use, may require the conversion of all or part of the land banked area to off-street parking spaces. (Ord. 2015-10. Passed 8-25-15.)