Planned Development District
[a] Office: one space per 250 square feet. | |
[b] Warehouse: one space per 1,000 square feet. | |
[c] Manufacturing: one space per 650 square feet. | |
[d] Industrial: one space per 650 square feet. | |
[e] Hotel: 1.2 spaces per room. | |
[f] Day-care center: one space per 250 square feet. | |
NOTE: Uses [b], [c] and [d] may include up to 20% accessory office space associated with the primary use. | |
Parcel | Maximum Gross Floor Area (square feet) |
|---|---|
SCTM No. 900-263-3-14.1, 15, 16, 17.1, 18.1 and 19 | 50,000 |
SCTM No. 900-263-3-20 | 40,000 |
SCTM No. 900-263-3-11 | 0 |
Activity | No. of TDR's or PBC's |
|---|---|
Public use: municipally owned and operated facility | 0 |
Quasi-public (proprietary) use: municipally owned, privately operated facility | 5 |
Private use: privately owned and operated facility | 10 |
OPEN SPACE PERCENTAGES AND DENSITY WITHIN THE AGRICULTURAL PLANNED DEVELOPMENT DISTRICT | ||
|---|---|---|
Percentage Open Space | Zoning | Density (one dwelling per square feet) |
65% | CR-200 | 1/200,000 |
65% | CR-120, R-120 | 1/120,000 |
50% | CR-80, R-80 | 1/80,000 |
35% | CR-60, R-60 | 1/60,000 |
35% | CR-40, R-40 | 1/40,000 |
YIELD ALLOCATION TABLE FOR LANDS WITHIN THE AGRICULTURAL OVERLAY DISTRICT | ||
|---|---|---|
Zoning District | Minimum Lot Area of Zone | Development Yield Factor |
CR-200 | 200,000 | 0.22 |
CR-120, R-120 | 120,000 | 0.36 |
CR-80, R-80 | 80,000 | 0.55 |
CR-60, R-60 | 60,000 | 0.73 |
CR-40, R-40 | 40,000 | 0.92 |
Appreciation Distribution Chart | ||
|---|---|---|
Year of Resale | Percentage to Owner | Percentage to Town |
1st to 5th | 25% | 75% |
6th or beyond | 50% | 50% |
Sale at Year 3 | |
|---|---|
Assumptions | |
Average appraisal value/current market value | $600,000 |
Original market value | $500,000 |
Original purchase price | $142,200 |
Buyer benefit ($500,000-142,200) | $357,800 |
Permanent improvements | $20,000 |
Market appreciation | $100,000 |
Appreciation ($100,000-$20,000) | $80,000 |
Purchase by Town | |
Purchase by open market buyer | |
Average appraised value/current market value | $600,000 |
Buyer benefit ($357,800) | $357,800 |
Town appreciation benefit (75% of $80,000) | $60,000 |
Town's proceeds ($357,800 +$60,000) | $417,800 |
Town's cost (seller's proceeds) | $182,200 |
Seller's Proceeds | $182,200 |
Sale at Year 10 | |
|---|---|
Assumptions | |
Average appraisal value/current market value | $675,000 |
Original market value | $500,000 |
Original purchase price | $142,200 |
Buyer benefit ($500,000-142,200) | $357,800 |
Permanent improvements | $20,000 |
Market appreciation | $175,000 |
Appreciation ($175,000-$20,000) | $155,000 |
Purchase by Town | |
Purchase by open market buyer | |
Average appraisal value/current market value (sales price) | $675,000 |
Town appreciation benefit (50% of $155,000) | $77,500 |
Buyer benefit | $357,800 |
Town appreciation benefit | $77,500 |
Town's proceeds ($357,800 + $77,500) | $435,300 |
Town's cost (seller's proceeds) | $239,700 |
Seller's proceeds | $239,700 |
Building | Footprint (square feet) | Total Floor Area |
|---|---|---|
Clubhouse | 14,000 | 35,410 (incl. basement) |
Golf cottages (one-story) | 2,300 | 2,300 |
Golf cottages (two-story) | 1,640 | 2,600 |
Maintenance | 13,000 | 15,500 |
Staff quarters | 5,000 | 9,640 |
Equipment washdown | 2,000 | 2,000 |
Bulk storage | 1,000 | 1,000 |
Owner's residence | 5,000 | 7,500 |
Accessory carriage house | 1,000 | 1,800 |
All other accessory buildings | 1,000 | 1,000 |
Planned Development District
[a] Office: one space per 250 square feet. | |
[b] Warehouse: one space per 1,000 square feet. | |
[c] Manufacturing: one space per 650 square feet. | |
[d] Industrial: one space per 650 square feet. | |
[e] Hotel: 1.2 spaces per room. | |
[f] Day-care center: one space per 250 square feet. | |
NOTE: Uses [b], [c] and [d] may include up to 20% accessory office space associated with the primary use. | |
Parcel | Maximum Gross Floor Area (square feet) |
|---|---|
SCTM No. 900-263-3-14.1, 15, 16, 17.1, 18.1 and 19 | 50,000 |
SCTM No. 900-263-3-20 | 40,000 |
SCTM No. 900-263-3-11 | 0 |
Activity | No. of TDR's or PBC's |
|---|---|
Public use: municipally owned and operated facility | 0 |
Quasi-public (proprietary) use: municipally owned, privately operated facility | 5 |
Private use: privately owned and operated facility | 10 |
OPEN SPACE PERCENTAGES AND DENSITY WITHIN THE AGRICULTURAL PLANNED DEVELOPMENT DISTRICT | ||
|---|---|---|
Percentage Open Space | Zoning | Density (one dwelling per square feet) |
65% | CR-200 | 1/200,000 |
65% | CR-120, R-120 | 1/120,000 |
50% | CR-80, R-80 | 1/80,000 |
35% | CR-60, R-60 | 1/60,000 |
35% | CR-40, R-40 | 1/40,000 |
YIELD ALLOCATION TABLE FOR LANDS WITHIN THE AGRICULTURAL OVERLAY DISTRICT | ||
|---|---|---|
Zoning District | Minimum Lot Area of Zone | Development Yield Factor |
CR-200 | 200,000 | 0.22 |
CR-120, R-120 | 120,000 | 0.36 |
CR-80, R-80 | 80,000 | 0.55 |
CR-60, R-60 | 60,000 | 0.73 |
CR-40, R-40 | 40,000 | 0.92 |
Appreciation Distribution Chart | ||
|---|---|---|
Year of Resale | Percentage to Owner | Percentage to Town |
1st to 5th | 25% | 75% |
6th or beyond | 50% | 50% |
Sale at Year 3 | |
|---|---|
Assumptions | |
Average appraisal value/current market value | $600,000 |
Original market value | $500,000 |
Original purchase price | $142,200 |
Buyer benefit ($500,000-142,200) | $357,800 |
Permanent improvements | $20,000 |
Market appreciation | $100,000 |
Appreciation ($100,000-$20,000) | $80,000 |
Purchase by Town | |
Purchase by open market buyer | |
Average appraised value/current market value | $600,000 |
Buyer benefit ($357,800) | $357,800 |
Town appreciation benefit (75% of $80,000) | $60,000 |
Town's proceeds ($357,800 +$60,000) | $417,800 |
Town's cost (seller's proceeds) | $182,200 |
Seller's Proceeds | $182,200 |
Sale at Year 10 | |
|---|---|
Assumptions | |
Average appraisal value/current market value | $675,000 |
Original market value | $500,000 |
Original purchase price | $142,200 |
Buyer benefit ($500,000-142,200) | $357,800 |
Permanent improvements | $20,000 |
Market appreciation | $175,000 |
Appreciation ($175,000-$20,000) | $155,000 |
Purchase by Town | |
Purchase by open market buyer | |
Average appraisal value/current market value (sales price) | $675,000 |
Town appreciation benefit (50% of $155,000) | $77,500 |
Buyer benefit | $357,800 |
Town appreciation benefit | $77,500 |
Town's proceeds ($357,800 + $77,500) | $435,300 |
Town's cost (seller's proceeds) | $239,700 |
Seller's proceeds | $239,700 |
Building | Footprint (square feet) | Total Floor Area |
|---|---|---|
Clubhouse | 14,000 | 35,410 (incl. basement) |
Golf cottages (one-story) | 2,300 | 2,300 |
Golf cottages (two-story) | 1,640 | 2,600 |
Maintenance | 13,000 | 15,500 |
Staff quarters | 5,000 | 9,640 |
Equipment washdown | 2,000 | 2,000 |
Bulk storage | 1,000 | 1,000 |
Owner's residence | 5,000 | 7,500 |
Accessory carriage house | 1,000 | 1,800 |
All other accessory buildings | 1,000 | 1,000 |