PARKING AGREEMENT (Revised)
1.
This
deed of agreement is executed on
day of
2020.
Between
Mrs. ,
owner of plot No )
And
Lahore development authority, though
Chief Engineer TEPA (Hereinafter called as 2nd Party)
2.
Whereas,
the 1st Party has submitted building plan for the construction of Commercial
Building on Plot No. for
22 story buildings including 3 basements , lower ground floor and Ground Floor.
The first party has provided car parking space for 297 cars and 415
motorcycles as per requirements and bye-laws.
3.
Whereas,
the 1st party agrees to provide parking space for 297 cars and 415
motorcycles as per approved plant.
4.
The 1st
party also agrees to provide a proper ramp for easy access to the parking space-as
per approved building plan and abide by the following:-
A.
1st
Party, after the completion of Building will either manager the parking area by
themselves or though elected management of the building.
B.
The
developer and/or management body will ensure that at not stage the approved parking
plan is altered or used for any other purpose than the parking. .
C.
The developer
and/or management body shall ensure the maintenance. Security and operation of the
parking area at their own cost to the entire satisfaction of 2nd
party.
D.
The developer
and/or management body shall post guards/ watchman to guide and regulate the sheet
of the vehicles in such manner outside their building. No vehicle is parked in
manner other than the approved plan.
E.
The developer
and /or management will provide user-friendly condition to attract parking
within the building by having audio and digital display system at the entry and
reception.
F.
The developer
and/ or management body will not sell any car parking area and instead allot it
to the perspective buyers/occupants of the building in proportion to their
entitlement so as to fix the responsibility against issues.
G.
Upon
the completion of the building and in case of transfer of management to the elected
authorized body. The developer will inform TEPA accordingly in: writing
H.
Total
area of the plot is 39,437.00 Sft Total covered area of the commercial building
is 485751 Sft whereas usable area is 335876.75 Sft and non-usable area is
153874.25 of the Commercial building.
5.
Whereas,
the case of any default of any of the above said condition on the part of 1st
party, the 2nd party shall be empowered to proceed against the 1st
party or his authorized elected management group in accordance with the law to
be penalized in the shape of fines or cancellation of building plans and to
take other proper action including removal of illegal construction or any other
hindrance falling in parking space or any other remedy panel action available
under law.
6.
The 2nd party shall impose fine against
parking agreement violation as follows:
·
Rs.
10.000/- per deficient car par month
·
Rs.1000/-
per deficient motor bike per month.
·
The
1st party shall be given 1st warning along with fine and
a period of one month for deposition of fine and clearance of violation.
·
After
that, the 1st party shall be given 3rd warning along with
four time the fine and a period of o one month for deposition of fine and
clearance of violation.
·
The rates
of fine are subject to change as approved by LDA for demolition / clearance of the
violating structures.
7.
Whereas
both the parties agree-to act upon above said agreement and have put their signature
on the deed in presence of two witnesses thereof:
|
FIRST
PARTY |
|
SECOND PARTY |
|
Mr. _________________________S/o ______________________________ CNIC # ________________________ Owner of Plot No. __________________ _________________________________ |
|
CHIEF ENGINEER TEPA. LDA |
|
Witnesses 1._________________________________ 2._________________________________ |
|
Witnesses 1._____________________________ 2._____________________________ |