The parking space available on campus shall be allocated by the vice president of administrative services or his or her designee(s), in such a manner as will best effectuate the objectives of this chapter.

(1) Faculty and staff reserved spaces will be so designated for their use; and

(2) Student and staff spaces will be so designated for their use; provided, physically handicapped students may be granted special permits to park in close proximity to the classrooms used by such students; and

(3) Parking space will be designated for use of visitors on campus.