Land banking allows for designating a portion of land on a site that would be required for parking to be held and preserved as open space, rather than constructed as parking. The Planning and Zoning Commission may permit land banking of up to 25% of the required parking spaces through the site plan review process.
(A) Sufficient evidence shall be provided by the applicant that supports the reduced parking needs.
(B) The area proposed for land banking of parking spaces shall be an area suitable for parking at a future time.
(C) Landscaping of the land banked area shall be in full compliance of the zoning regulations and, at a minimum, landscaped with turf. As a result of the site plan review process, the Planning and Zoning Commission may require additional landscaping of the land banked area.
(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 shall show the area to be banked on the site plan and marked as “Land Banked Future Parking.”
(F) The Zoning Administrator, on the basis of increased parking demand for the use, shall require the conversion of all or part of the land banked area to off-street parking spaces.
(Ord. 929, passed 1-25-11; Ord. 1076, passed 1-23-18) Penalty, see § 153.999