§ 17.38.950. In-lieu parking fees.

A.

With development of new or expanded land uses upon real properties within any portion of a "C-C" (community-commercial) or "C-S" (community-services) zoning district, in lieu of providing off-street parking spaces as required by the provisions of Section 17.38.1000 of this chapter, such requirements may be satisfied subject to town of Paradise approval by:

1.

Payment to the town of Paradise, prior to the issuance of a building permit or other permit which may be required, of a sum of money for each parking space required by this chapter in an amount prescribed by the town council. The funds so deposited shall be retained by the town and shall be exclusively for the purpose of acquiring and developing public off-street parking facilities and related public transportation facilities;

2.

The town council shall, by resolution and following a public hearing, establish and/or modify the amount of money that may be deposited in lieu of providing the off-street parking facilities required by this chapter;

3.

The town council shall have the sole determination as to when and where the off-street public parking facilities contemplated to be provided pursuant to this chapter shall be acquired and developed.

B.

In the event a property owner or developer, having made a monetary deposit pursuant to subsection A of this section, subsequently brings his real property into compliance with the provisions of this chapter before the town of Paradise has expended or otherwise obligated or committed any of the money so deposited for the development of off-street parking facilities in the vicinity of such use, then upon certification of compliance furnished by the public works director to the town manager, the amount so deposited shall be refunded to the depositor.

(Ord. 319 §7, 1999)