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(5) The city may require payment of an amount equal to the value of the required p <br />price basis. Funds collected by the city shall be deposited in a special fund used only to acquire and /or <br />develop off street parking facilities for the Town Center. The city will determine the appropriate <br />contribution. <br />(6) A development agreement is completed that specifies that each property in the Town Center shall be <br />financially responsible for its proportionate share of a shared parking facility. The proportionate share shall <br />Financial responsibility shall cover the construction and continuing maintenance of the parking facility. The <br />to the city. <br />(f) Signagc. Signage in this district is allowed as prescribed in this subdivision. Signage as prescribed by other <br />sections of this Code is not applicable. <br />(1) Permitted signs for personal and professional services, retail commercial, and public uses and <br />services in TC 1, TC 3, TC 4 and TC 5 districts: <br />a. Wall mounted or painted signs, provided the following standards are met: <br />1. The sign shall be affixed to the front facade of the building, and shall project outward from <br />the wall to which it is attached no more than six inches. <br />square foot. <br />2. The area of the sideboard shall not exceed five percent of the ground floor building facade <br />area or 24 square feet, whichever is less. <br />3. The height of the lettering, numbers, or graphics shall not exceed 12 inches. <br />/1. The sign shall be granted to commercial uses occupying the ground floor of buildings <br />nd shall not be allocated to other uses. <br />5. Limited to one sign per business. <br />b. The area of signboard shall not exceed five percent of the ground floor building facade area. <br />1. The sign is located next to the entrance. <br />2. The sign shall project outward from the wall to which it is attached no more than six inches. <br />3. The sign shall not extend above the parapet, eave, or building facade. <br />4. The area of the signboard shall not exceed three square feet, with each tenant limited to one <br />5. The height of the lettering, numbers, or graphics shall not exceed four inches. <br />6. One such sign is allowed per public building entrance. <br />d. Applied letters may substitute for wall mounted signs, if constructed of painted wood, painted <br />cast metal, bronze, brass, acrylic or black anodized aluminum. The height of applied letters shall not exceed <br />12 inches. <br />