Contracts; provisions
Sec. 5. A contract entered into under section 4 of this chapter may
provide for the following:
(1) The erection by the unit of the stop signs, flashing signals,
or yield signs at specified locations in a parking area and the
adoption of appropriate regulations, or the designation of an
intersection in the parking area as a stop intersection or as a
yield intersection and the ordering of signs or signals at one (1)
or more entrances to that intersection.
(2) The prohibition or regulation of the turning of vehicles or
specified types of vehicles at intersections or other designated
locations in the parking areas.
(3) The regulation of a crossing of a roadway in the parking
area by pedestrians.
(4) The designation of a separate roadway in the parking area
for one-way traffic.
(5) The establishment and regulation of loading zones.
(6) The prohibition, regulation, restriction, or limitation of the
stopping, standing, or parking of vehicles in specified areas of
the parking area.
(7) The designation of safety zones in the parking area and fire
lanes.
(8) The removal and storage of vehicles parked or abandoned in
the parking area during snowstorms, floods, fires, or other
public emergencies, or found unattended in the parking area
where the vehicles constitute an obstruction to traffic, or where
stopping, standing, or parking is prohibited, and for the payment
of reasonable charges for the removal and storage by the person
who owns or operates the vehicle.
(9) The cost of planning, installation, maintenance, and
enforcement of parking and traffic regulations to be paid by the
unit, by the property owner or lessee, or for a percentage of that
cost to be shared by both the unit and the property owner or
lessee.
(10) The installation of parking meters on the shopping center
or private business property parking area. The contract may
establish whether the expense of installing those parking meters
and maintenance of the parking meters is that of the unit or that
of the shopping center or private business property owner or
lessee, and whether any money obtained from those parking
meters belongs to the unit or to the shopping center or private
business property owner or lessee.
(11) Additional reasonable regulations with respect to traffic
and parking in a parking area as local conditions may require
for the safety and convenience of the public or of the users of
the parking area.
As added by P.L.2-1991, SEC.9.
Last modified: May 27, 2006