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.
BASE ZONE: The maximum number of equivalent residential units ("ERUs"), or industrial/commercial square footage, permitted by the underlying zone classification of a sending site or receiving site, and not including any density increase resulting from an overlay zone, as defined by the Wasatch County zoning map and ordinances.
CONSERVATION EASEMENT: An easement, covenant, restriction or condition in a deed, will or other instrument signed by or on behalf of the record owner of the underlying real property for the purpose of preserving and maintaining land or water areas predominantly in a natural, scenic or open condition, or for recreational, agricultural, cultural, wildlife habitat or other use or condition consistent with the protection of open land. Conservation easements granted under this chapter are subject to the land conservation easement act, Utah Code Annotated sections 57-18-1 et seq., as amended. In order to receive consideration under this chapter, a conservation easement must guarantee that sufficient water rights necessary to continue the historic use of the property will remain associated with and appurtenant to the property in perpetuity. Any conservation easement that fails to do so is not considered a conservation easement under this chapter.
DEVELOPMENT APPROVAL: A final approval for a subdivision or site plan.
DEVELOPMENT CREDIT: A credit representing the number of equivalent residential units ("ERUs") or industrial/commercial square footage that may be transferred from a sending site. Development credits are not tied to development rights. This chapter may assess a sending site to have more or fewer development credits than ERUs that would actually receive final approval on the sending site. The existence of development credits does not create a development right in the sending site or in any given receiving site.
DEVELOPMENT CREDIT CERTIFICATE ("CERTIFICATE"): The certificate issued by the Wasatch County planning and zoning department to verify and legally recognize the total number of development credits transferred from a sending site.
DEVELOPMENT RIGHT: The right held by a fee simple property owner to build a given number of ERUs or industrial/commercial square footage on a legally established parcel of real property. This right is limited by all applicable ordinances in this title and throughout the Wasatch County code.
FISCAL ANALYSIS: A report generated by the Wasatch County planning and zoning department that outlines the potential impact of proposed development upon Wasatch County.
INCREASED DENSITY APPLICATION: The formal means of requesting an increase in the density of a particular parcel of real property. The ID application may be obtained through the Wasatch County planning and zoning department or the planning departments of any approved municipality.
PRELIMINARY DEVELOPMENT APPROVAL PROPOSAL ("PRELIMINARY PROPOSAL"): A document requesting authorization from Wasatch County, or any of the approved municipalities, to develop a particular parcel of real property. The preliminary proposal may be obtained through the Wasatch County planning and zoning department or the planning departments of any approved municipality.
RECEIVING SITE: A legally recognized parcel of real property located in an approved municipality or in Wasatch County's Jordanelle Basin overlay zone ("JBOZ"), North Village overlay zone ("NVOZ"), RA-5 zone, mountain zone, and any future industrial or commercial zone in the unincorporated county. All development within receiving sites must conform to the planning and zoning requirements of this title or the equivalent requirements of the approved municipality. A subdivision which has already received preliminary or final approval cannot thereafter qualify as a receiving site.
SENDING SITE: A legally recognized parcel of real property located in Wasatch County A-20, RA-1 and RA-5 zone. Only an entire parcel of real property may be a sending site. A subdivision which has already received preliminary or final approval cannot thereafter qualify as a sending site. Nothing in this chapter authorizes a subdivision or can be used to create real property as referred to in this section.
TRANSFER: Any action which results in the sale, exchange, joint venture or other legal conveyance of development rights or development credits.
WASATCH COUNTY OPEN SPACE FUND ("THE FUND"): The fund used to purchase lands or development rights in the unincorporated county to preserve open space. The fund is administered by the Wasatch County council, or its designee.
WASATCH OPEN LANDS BOARD ("WOLB"): The interlocal entity responsible to oversee the Wasatch open lands program by interlocal agreement.
HISTORY
Adopted by Ord. 2002 Code § 16.32.02 on 1/1/2002
Amended by Ord. 08-15 on 11/12/2008
Amended by Ord. 17-02 on 3/15/2017