177 PARKING AND TRANSIT Parking 10 Chapter Franklin Zoning Ordinance Effective July 1, 2024 shared parking area; 4. A shared parking agreement shall be signed by all applicable property owners and recorded at the Register of Deeds prior to issuance of a building permit for any use to be served by the shared parking; 5. For phased development, a phased parking plan shall be provided that shows how each use will be provided with adequate parking spaces throughout the full buildout of the development; and 6. A shared parking agreement may be repealed only if all required parking spaces for each use will be provided without shared parking per Subsection 10.1.6, Minimum Parking. B. Remote Parking Remote parking on a separate site from the site on which the nonresidential use is located may be a permitted alternative when it meets the following: 1. There are practical difficulties in locating the parking area on-site or public safety or public convenience are better served by a remote location; 2. The remote parking area shall be placed in a recorded easement for the use of an off-site parking location in perpetuity; 3. A sidewalk shall connect the remote parking to the use being served; 4. The remote parking shall be located within 1,320 feet (five-minute walk) of a main entrance of each use served, as measured along the sidewalk connecting the main entrance to the remote parking. 5. The remote parking area shall be convenient to use without causing unreasonable: a. Hazard to pedestrians or vehicular traffic; b. Traffic congestion; c. Interference with commercial activity or convenient access to other parking areas in the vicinity; d. Detriment to the appropriate use of businesses in the vicinity; or e. Detriment to any adjacent residential neighborhood. C. Deferred Parking Deferral of construction of up to 30 percent of the required number of parking spaces may be a permitted alternative when it meets the following: 1. The applicant shall submit a reserve parking plan that identifies: a. The number of parking spaces being deferred; and b. The equivalent area reserved for the deferred parking spaces, if needed in the future. 2. The applicant shall provide assurance illustrating the provided parking is sufficient after 24 months from the initial final certificate of use and occupancy or when at least 90 percent of the building is occupied, whichever is later. If additional parking is found to be needed, the applicant shall construct the deferred spaces; and 3. Reserved parking areas shall be brought to the finished grade and stabilized and shall not be counted towards other Ordinance requirements. D. Valet Parking Valet parking for a nonresidential use may be a permitted alternative when it meets the following: 1. Valet parking shall meet the Municipal
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