Whenever within the B-3 zoning district of the town off-street parking spaces must be provided, the property owner or developer may, subject to town council review and approval, pay an annual fee for parking spaces not provided in accordance with Section
17.37.100.
The property owner or developer, upon written application to the town council, shall make a request to the town council to pay an annual fee for off-street parking spaces in lieu of those not provided by the property owner or developer. The town council shall review each application and shall only approve an application if it conforms to the intent of this code as set forth in Section
17.37.010, and to criteria established by the town council, including but not limited to traffic congestion, potential traffic hazards, and the general safety and well-being of the public.
If the application is approved, the property owner or developer shall pay an annual fee to the town for parking spaces not provided for the building or use, prorated in accordance with lot ownership. The fee paid does not "purchase" any specific parking space and does not entitle the purchaser to park on any public right-of-way.
Of the total parking required for motels, eighty percent must be provided on site. Twenty percent may be off site through the cash-for-parking fee.
Example: If a motel needs one hundred spaces, eighty spaces must be on site. They will still pay the current parking space fee for all twenty spaces.
For short-term uses, which are those uses shown with an asterisk in Table 17.37.100, the following formula shall be applied: total number of spaces required according to Table 17.37.100 minus those provided on premises, with the difference to be multiplied by two-tenths. The result is the number of spaces that must be purchased.
The fee charged for each parking space required which is not provided by the developer in accordance with the requirements of this chapter shall be assessed during the building permit process, the amount of which shall be established by resolution of the town council. This fee amount shall be paid to the town on an annual basis and shall be reviewed and adjusted periodically to reflect changes in the cost to maintain the spaces and in development costs. Approval by the town council shall be obtained and payment of the fee shall be made to the town prior to the issuance of a building permit, or if there is no construction or alteration of a building, but only a change of use, then prior to the granting of a business license. The town shall also collect an annual fee, set by the town council, for every business license renewal that utilizes cash for parking "spaces." This fee will ensure that continued use of the parking spaces helps create municipal parking in other areas. All fees collected and all interest earned shall be held in a parking fund established by the town to be used for the creation and maintenance of municipal parking spaces. Failure to pay the annual fee will result in the loss of the business license for any businesses located on the parcel.
(Ord. 276 Exh. 1, 2024)