Saturday, July 2, 2022

Transfer of Development Rights (TDR) Program

The goals of the TDR program are to preserve farmland and farming; redirect housing to areas of existing residential development, parcels too small for most farming, and poorest soils; and provide voluntary, market-driven, criteria-based alternative to 1-per-35 splits.

PROCESS OVERVIEW:

(1) Developer and development rights seller work with Town to determine splits on sending area and complete criteria worksheet;
(2) Concept Plan review from Town Plan Commission;
(3) Developer secures option to purchase development rights;
(4) Rezoning and land division approval process; and
(5) Complete development rights transaction and record conservation restrictions against sending area property.

RULES & PROCEDURES

Sending & Receiving Criteria worksheets

TDR Senders’ List

Density Study Committee
Thursday, May 19, 2022 @ 1:00 p.m. – Agenda – AMENDED

  1. Call to Order & Roll Call
  2. Confirmation of Compliance with Open Meetings Law
  3. Approve the minutes of April 14, 2022
  4. Review and determine split assignments in compliance with Town density policy
  5. Next Meeting/Steps
  6. Adjourn