Under what condition can drivers park in the indicated location?

The option indicating that drivers can park in the indicated location if they pay the required fees is correct because parking regulations often stipulate that payment of fees is a fundamental requirement for utilizing certain parking areas, such as metered spaces or designated lots. This ensures that the necessary funds for maintenance, management, and city services are collected, allowing the area to remain available for public use.

Other options discuss scenarios that may involve parking, but the payment of fees is typically a primary condition for parking legality in paid areas. Displaying a permit is relevant in certain situations but does not negate the requirement of paying fees where applicable. A valid driver's license is unrelated to parking conditions as it pertains more to the ability to operate a vehicle. Lastly, not exceeding the time limit is essential but usually applies alongside the requirement of payment in regulated areas, rather than as a standalone condition for parking.