That agreement between an owner or lessee (or both) of premises with another owner or lessee (or both) of premises relating to premises in the B-1, B-2 or B-3 Zones setting forth terms and conditions for the utilization of a particular lot or lots for cooperative parking and shall include but not be limited to an identification of the premises, a declaration of the parking easement or use, the term of the easement, expenses relating to maintenance and repair, income generated with respect thereto, management and operation thereof, lot design, maintenance and repair, modifications, signs, insurance, compliance with appropriate laws, inspections and all other reasonable and necessary terms and conditions to fully delineate the rights and responsibilities of the parties with respect to cooperative parking in relationship to the particular lot.