32: LAND PRESERVATION THROUGH TRANSFER OF DEVELOPMENT CREDITS AND THE PAYMENT OF A CONSERVATION FEE IN LIEU
APPROVED MUNICIPALITY: The municipalities who have entered into the interlocal agreement establishing the Wasatch open lands board are each an "approved municipality".
ASSESSMENT OF DEVELOPMENT CREDIT ELIGIBILITY LETTER ("ELIGIBILITY LETTER"): Written correspondence from the Wasatch County planning and zoning department that states the number of development credits available for sale, transfer, joint venture or other conveyance in regards to a certain parcel of TDR-S property.There is hereby created a conservation fee in lieu of transferring development credits of agricultural and environmentally sensitive lands, including lands with high water tables, wetland conditions, rural open space and other natural hazard areas within Wasatch County and the various incorporated municipalities, to receiving sites.
There is hereby created the Wasatch County open space fund ("the fund"). The fund will receive monies from Wasatch County's portion of the conservation fees as specified in section 16.32.08 of this chapter. The administration of the fund will be at the sole discretion of the Wasatch County council, or the council's designee, for the purpose of purchasing open space lands and development rights within Wasatch County.
32: LAND PRESERVATION THROUGH TRANSFER OF DEVELOPMENT CREDITS AND THE PAYMENT OF A CONSERVATION FEE IN LIEU
APPROVED MUNICIPALITY: The municipalities who have entered into the interlocal agreement establishing the Wasatch open lands board are each an "approved municipality".
ASSESSMENT OF DEVELOPMENT CREDIT ELIGIBILITY LETTER ("ELIGIBILITY LETTER"): Written correspondence from the Wasatch County planning and zoning department that states the number of development credits available for sale, transfer, joint venture or other conveyance in regards to a certain parcel of TDR-S property.There is hereby created a conservation fee in lieu of transferring development credits of agricultural and environmentally sensitive lands, including lands with high water tables, wetland conditions, rural open space and other natural hazard areas within Wasatch County and the various incorporated municipalities, to receiving sites.
There is hereby created the Wasatch County open space fund ("the fund"). The fund will receive monies from Wasatch County's portion of the conservation fees as specified in section 16.32.08 of this chapter. The administration of the fund will be at the sole discretion of the Wasatch County council, or the council's designee, for the purpose of purchasing open space lands and development rights within Wasatch County.