Common use of Shared Parking Clause in Contracts

Shared Parking. Shared parking may be allowed in the case of mixed uses (different buildings) under the following conditions: (1) Up to 50% of the parking spaces required for a theater or other place of evening entertainment (after 6:00 p.m.), or for a church, may be provided and used jointly by banks, offices, and similar uses not normally open, used, or operated during evening hours. (2) The Planning Director may approve shared parking based on an applicant-submitted parking study demonstrating significantly different peak hours of parking demand. (3) Shared parking must be on the same parking lot, unless an off-site parking application is approved. (4) Reduction due to shared parking shall only be allowed if approved on the site plan, the building permit site plan, SUP site plan or PD detail plan. (5) To assure retention of the shared parking spaces, each property owner shall properly draw and execute an irrevocable mutual parking agreement document expressing the same, approved by the Planning Director, shall file this agreement with the County, and shall provide a copy of the filed agreement to the City of New Braunfels prior to issuance of a Certificate of Occupancy for any use that relies upon the parking agreement. (Should you have any questions please contact the Planning Division at (▇▇▇) ▇▇▇-▇▇▇▇, or at ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.) STATE OF TEXAS § § COUNTY OF COMAL § This Shared Parking Agreement (Agreement) is entered into and effective 20 by as owner of the property known as