A. Exemptions. The following shall be exempted from payment of the parking in-lieu fee:
The first one thousand five hundred (1,500) square feet of gross building area of existing buildings where occupancy is changing to a more intensive use. This exemption shall not apply to residential uses converting to office or commercial uses.
B. Credits/Transfer. The following credits shall be made against required parking in-lieu fees and subject to the following transfer restrictions:
1. Credit for prior parking in-lieu fee installments for a new use or expansion thereof if installments are current.
2. In the event that a lessee making payments pursuant to this section ceases to occupy the leased premises prior to making the full parking in-lieu fee payments, no parking in-lieu fee credit may be transferred unless the owner or new tenant assumes the obligation to pay the remaining installments.
3. No refund of such payments shall be made when there is a change to a use requiring less parking.
4. Parking in-lieu fees paid for pursuant to the provisions of this article shall be assigned only to the property for which the building permit or certificate of occupancy was issued and shall not be assigned or transferred for use on any other property. (Ord. 2017-01 (part), 2017: Ord. 2001-03 § 5 (part), 2001: prior code § 7440)