The purpose of the CPO community parking overlay zone is to permit and encourage centralized parking within commercial and industrial districts pursuant to a specific plan whereby more efficient use of the land devoted to off-street parking permits optimum building coverage and intensification of commercial development through elimination of on-site parking facilities. This zone contemplates the establishment of centralized community parking areas convenient to the entire district through the creation of public parking districts or the concerted action of affected property owners dedicating such areas to public parking or reserving such areas to community parking by appropriate instruments, and encourages such development through incentives in parking-building ratio requirements made possible by the more efficient use of pooled parking facilities. Additional benefits arise from improved traffic safety and circulation unobtainable where on-site parking is required.
(Ord. 37 § 735.00, 1961; Ord. 315 § 1, 1971)