Off street parking areas shall be provided according to the standards specified in chapter 8, “General Development Standards”, of this title. In the CBD, the required parking spaces must be provided as follows:
(A) On Site: On site, or pursuant to shared parking agreement approved as provided in chapter 8 of this title; or
(B) Parking Lot Trust Fund: For each required space, the owner may contribute the amount most recently specified by resolution of the council to the city’s parking lot trust fund which shall be used exclusively for the purchase of land or air rights for, and the construction and maintenance of, public parking lots or structures within or adjacent to the central business district; or
(C) Combination: By a combination of subsections (A) and (B) of this section to provide the required number of parking spaces.
(D) Improvement District Or Renewal District Exemption: Commercial, business park, or industrial uses within former or current business improvement district or urban renewal districts are exempt from providing off street parking as required by this section and section 3.8.062 of this title. (Ord. 923, 5-22-2014; amd. Ord. 1009, 10-6-2022)