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2. Reduction for Shared Parking. <br />The amount of off street parking required may be reduced by an amount <br />determined by the Planning Director when it can be shown through a <br />parking demand study that sufficient parking is or can be met by the <br />subject uses through shared parking. The parking demand study shall <br />provide information and evidence about the anticipated parking demand at <br />peak times during a day and the distance relationship between available <br />shared parking spaces and the specific uses served. A shared parking <br />agreement shall be executed and recorded prior to the issuance of a <br />certificate of occupancy or prior to the issuance of a certificate of <br />completion by the Building Safety Division. <br />3. Maximum Total Reductions. <br />Total cumulative reductions to the minimum off street parking <br />requirements through application of this subsection shall not exceed <br />twenty -five (25) percent. <br />J. Remote Parking Allowed. <br />The city may permit all or a portion of required off street parking to be located off <br />site subject to the following standards: <br />1. Location. <br />Remote off street parking spaces shall be located no farther than 1,320 <br />feet away from the principal building they are intended to serve, as <br />measured from the nearest point of the remote off street parking facility to <br />the nearest point of the building or structure served. <br />2. Zoning Classification. <br />Remote parking areas shall be considered accessory to the principal use <br />that the parking spaces are intended to serve. Parking areas shall require <br />the same or a more intensive zoning classification than that required for <br />the most intensive of the uses served by the remote parking area, <br />provided that remote parking facilities may be located in any zoning district <br />that allows commercial parking lots and garages. <br />3. Remote Parking Agreement. <br />If a remote parking area is not under the same ownership as the principal <br />use served, an executed and recorded written agreement among the <br />owners of record shall be required. A remote parking agreement may be <br />revoked by the parties to the agreement only if off street parking is <br />provided under this Section. <br />3 <br />