[Ord. No. 196-2018, 9/12/2018]
An applicant proposing the use of TDRs shall submit a subdivision or land development plan as required in accordance with the Township Subdivision and Land Development Ordinance, Chapter 22, for the development to which TDRs will be added. Submitted subdivision or land development plans, and/or conditional use applications, as applicable, shall, in addition to meeting all other applicable provisions, include submission of the following:
A.
A deed of transferable development rights or an agreement of sale for all development rights proposed to be purchased from the sending area site(s). The applicant must prove ownership or equitable ownership of the requisite number of development right(s) to enable the proposed additional density or intensity increase in the development plan, up to the maximum additional increment permitted by this Part.
B.
A note on the plan showing the total number of dwelling units or increased amount of impervious surface or floor area proposed on the receiving area site, the total number or amount that could be built not using TDRs, and the incremental difference between the two. This difference represents the number of additional dwelling units or square footage of impervious surface or floor area that could be constructed using TDRs.
C.
If the development rights proposed for use in the receiving area have previously been severed from a tract in the sending area, a copy of the recorded deed of transferable development rights shall be submitted. A title search of the rights set forth in the deed of transferable development rights sufficient to determine all of the owners of the development rights and all lienholders also shall be furnished to the Township.
D.
As a requirement for final plan approval, the applicant shall provide documentation that appropriate conservation easements have been recorded for sending area lands in the Township from which development rights are proposed for use by the applicant. The conservation easement restricting the sending area tract must be recorded prior to recording of the deed of transferable development rights, in accordance with the provisions of the Pennsylvania Municipal Planning Code, as amended, 53 P.S. § 10101 et seq.