(A) Should an existing building or structure be expanded, the required off-street parking requirements shall be adjusted upwards accordingly. No adjustment shall be made for downsizing of any building/structure or the change of a business to a lower zoning use.
(B) In the B-1 district, new buildings/structures, expansions of existing businesses, the off-street parking requirements may be met, upon City Council approval, by providing the actual parking spaces, by obtaining seasonal apartment parking permits, or by contributing to the City Parking Fund for each space or fraction of a space required. The off-street parking requirements can be met by any combination of actual spaces, seasonal apartment parking permits and contributed spaces, provided that the combination is equal to the theoretical amount of spaces required.
(C) The amount to be contributed to the City Parking Fund for each required parking space in lieu of an actual space is five hundred dollars ($500.00) per space.
(Ord. 395, passed 7-6-2010)