Following are specific definitions for certain words, terms and phrases used throughout this chapter. Where any of these definitions conflict with definitions used in other titles of the Municipal Code, the definitions herein shall prevail when used in the context of this chapter. Other terms used in this section may be defined in Chapter
18.20 MVMC.
"Development rights"means the allowable dwelling units that may be transferred from a TDR sending site to a TDR receiving site. Development rights may be transferred with or without transferring the ownership of the property, meaning that the actual property containing the TDRs may be sold or the TDRs may be sold without selling the title to the property.
"Easement, conservation"means a voluntary, legally recorded restriction, in the form of a deed, on the use of the property, in order to protect resources such as agricultural lands, historic structures, open space, recreation areas and wildlife habitat. The easement may include all or part of a parcel. In perpetuity, no new development shall take place within the areas covered by the easement. The property itself may remain in private ownership.
Extinguishment Document, Quit Claim Deed.When a development right is purchased and then used, the right to build a dwelling unit on the sending site is "extinguished." It is used up and cannot be used again in any other location. The quit claim deed and extinguishment document records the sale and use of the development right on both the sending site and the receiving site and states how the development rights are applied.
"Letter of intent, TDR certification"means a signed letter provided by the City documenting availability of development rights for sale from a sending site. For those sending sites outside the City limits, this letter will be provided by King County.
"Public open space"means property owned by the City of Maple Valley, King County or State agency that is set aside to serve the purpose of protecting and conserving critical areas, natural systems, forest or agricultural lands, historic preservation, open space or recreation.
TDR Bank – City.A TDR bank may be operated by the City for the purpose of buying, selling and holding development rights. The TDRs may be purchased by the City or donated to the City and retained in the bank for later sale.
TDR Bank – County.A TDR bank may be operated by King County in accordance with Chapter 21A.37 KCC.
"TDR base density"means the developable housing units on a property calculated pursuant to its zoning designation.
"TDR certificate"means a recorded document, issued by the City or King County, showing the number of development rights available from a sending site to be used at a TDR receiving site.
"TDR, certified"means that a sending site owner has obtained a certificate from the City or County verifying that the transfer of development rights process is completed on the property, and a conservation easement has been recorded or the property has been dedicated as public open space in perpetuity.
"TDR receiving site"means privately or publicly owned property in the City limits where existing urban services and infrastructure can accommodate additional development. TDR receiving sites are identified and designated through the City comprehensive plan. Summit Place, as described in the subarea plan for Summit Place, is a designated TDR receiving site.
"TDR sending site"means privately or publicly owned property within the City limits that has been designated as a sending site; or sites in King County from King County priority rural and/or resource land located within approximately five miles of the City limits when authorized through interlocal agreement.
(Ord. O-11-466 § 1)