27 Lk Ave Oak Bluffs, MA 02557

5.1.5 Special Permit in the B -1 District. (Section added STM 12.2.03 Art 16 , AG Approved 3.26.04, Published 4.9.04) 1. Purpose. The B-1 District is the business area of Oak Bluffs. Parking generally provided on street to shoppers and business employees. This by- law has been adopted pursuant to M.G.L. c. 40A, s 9 in order to authorize an increase in intensity of uses in the B -1 District where the applicant provides traffic and pedestrian improvements and other amenities. 2. Required Parking Uses in the B -1 District shall meet the off street parking requirements set forth in Section 5.1.1, herein 3. Special Permit Where a proposed use in the B-1 District cannot meet the off street parking requireme nts set forth in Section 5.1.1 such off street parking requirements may be waived by special permit granted by the Planning Board where the applicant makes a payment in lieu to the Oak Bluffs B-1 District Parking Mitigation Trust. 4. Payment in Lieu Payments in lieu shall be calculated using the following formula: Number of Required 1-5 Each additional space Each additional space Off-street Parking 6-15 after the first 15 Spaces Annual Payment in $100/space $75/space $50/space 5.1.6 Shared Parking. (Renumbered from 5.1.5 STM 12.2.03Art 16, AG Approved 3.26.04, Published 4.9.04) Parking required for two (2) or more buildings or uses may be provided in combined facilities where it is evident that such facilities shall continue to be available for the several buildings or uses and where the parking provided meets all of the requirements of this