§ 40-60-01 — Reservation of areas for parking

To alleviate traffic congestion in municipalities, prevent the development of blight, and
implement orderly plans for urban development and urban renewal, it is necessary that
adequate and suitable space be reserved, particularly in central business areas, for parking
facilities; which phrase is defined to include, but without limitation, all offstreet lots, sites, parking
meters and other control devices, garages, ramps, and other structures and accessories, both
aboveground and belowground, which are used or useful for the parking, delivery, fueling and
servicing of automobiles and other motor vehicles, the collection of charges therefor, and the
convenience of the patrons of the facilities. The withdrawal of a disproportionate amount of land
for this purpose from use for commercial development and from the tax base of municipalities is
undesirable and can be avoided, when the growth of business areas makes it economically
feasible, by the construction of multilevel parking ramps and garages, and by making the space
above, below, or adjacent thereto available for commercial development and use. It is the policy
and purpose of the state to authorize and encourage municipal action, and cooperation of
municipalities with public and private persons, firms, corporations, and limited liability
companies in the acquisition, construction, improvement, development, extension, financing,
operation, maintenance, and leasing of parking facilities, and of commercially usable space
therein and adjacent thereto for the purposes and by the methods described in section