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UPTOWN D2 DISTRICT FORM-BASED CODE January 26, 2016 3. Reserved parking above the maximum (see Section 704 below) may be provided upon payment to the City. Reserved parking includes all parking that is not shared parking. The CODE ADMINISTRATOR Shall establish the amount of payment annually based on the approximate cost to build structured parking. C. Achieving parking requirements: 1. Parking requirements may be met either on-site or within an 800 foot walking distance of the development. 2. In lieu of minimum parking requirements, the City may accept aone-time payment per each space of shared parking. The CODE ADMINISTRATOR shall establish the amount of payment annually based on the approximate cost to build structured parking. D. Shared parking shall be designated by appropriate signage and markings as determined by the CODE ADMINISTRATOR E. Sites over 10,000 square feet in land area have the following requirements for bicycle parking: 1. For COMMERCE development, the developer must provide 1 employee bicycle parking rack (2-bike capacity) per 5,000 square feet of GFA and 1 visitor/customer bicycle parking rack (2-bike capacity) per 18,000 square feet of GFA. 2. For RESIDENTIAL development, the developer must provide 1 tenant bicycle parking rack (2-bike capacity) per 10 units and 1 visitor bicycle parking rack (2-bike capacity) per 25 units. 3. Bicycle parking facilities are to be highly visible to intended users. The bicycle parking facilities shall not encroach on any area in the public right of way intended for use by pedestrians, nor shall they encroach on any required fire egress. 4. On-street bicycle parking spaces may be counted toward the minimum customer/ visitor bicycle parking requirement. F. Existing parking and loading facilities. Required off-street parking and loading facilities in existence on the effective date of this ordinance and located on the same lot as the building or use served or located elsewhere shall not hereafter be reduced below or, if already less than, shall not be further reduced below, the requirements for a similar new building or use under the provisions of this ordinance. G. Permissive parking and loading facilities. Nothing in this ordinance shall be deemed to prevent the voluntary establishment of off- street parking or loading facilities to serve any existing use of land or buildings, in accordance with all regulations herein governing the location, design, and operation of such facilities. H. Submission of site plan. Any application for a building permit, or for a business license where no building permit is 63