Lion06, I'm still not sure 12.13 would apply here. If it does, then why did ACI publish 12.10 & 12.12 dealing with development length? I would assume the continuous slab and longitudinal rebar within the bend would provide some resistance to splitting, but I do not know how to quantify that. Right now, we are assuming a partially developed hat bar. We assume the partial development is linearly proportional to the (actual Ldh)/(required Ldh) ratio.
rapt, I am not familiar with your code references. Do you have a minimum required radius to consider the additional extension for #5 bar?
slickdeals, I don't think I can design it as a corbel since the height of the parapet is large compared to the base of the parapet.