In recognition of understandings among the Village
and the above-mentioned lessors, and in order to induce other land
owners to consider leasing lands to the Village for public parking
purposes, it is hereby determined and provided that the leasing of
lands to the Village for public parking purposes, whether heretofore
or hereafter accomplished, shall, by itself, cause no adverse impact
on the rights of the lessors under the Code to develop property contiguous
to lands so leased to the Village, it being the intention hereby that
for purposes of developing such contiguous property, such lessors
shall be treated under the Code as if they had retained the unencumbered
right to use the leased land for their own purposes such that the
leased land shall be deemed to be a part of the lot comprising such
contiguous property for purposes of meeting density, maximum lot coverage,
parking and other Code requirements. For purposes of this article,
the term "contiguous property" shall include property which would
have been contiguous to the leased land but for a public roadway running
between said properties.
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