In C8 Districts or any Manufacturing District, the City Planning Commission may permit racetracks, provided that the following findings are made:
(a) that the principal vehicular access for such use is not located on a local street but is located either on an arterial highway, a major street, or a secondary street within one-quarter mile of an arterial highway or major street;
(b) that such use is so located as to draw a minimum of vehicular traffic to and through local streets in nearby residential areas;
(c) that adequate reservoir space at the vehicular entrance, and sufficient vehicular entrances and exits, are provided to prevent congestion;
(d) that vehicular entrances and exits for such use are provided separately and are located not less than 100 feet apart; and
(e) that, in selecting the site, due consideration has been given to the proximity and adequacy of bus and rapid transit facilities.
The Commission may prescribe appropriate conditions and safeguards to minimize adverse effects on the character of the surrounding area, including limitations on signs or requirements for shielding of floodlights, screening or surfacing all access roads or driveways.
In addition, the Commission shall require the provision of adequate accessory off-street parking spaces necessary to prevent the creation of traffic congestion caused by the curb parking of vehicles generated by such use, and shall determine the required spaces in accordance with the requirements established in this Resolution with respect to other major traffic generating uses.