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Skagit Regional TDR Project. An Introduction to Transfer of Development Rights. What is TDR?. T ransfer of D evelopment R ights A market-based mechanism that enables voluntary transfers of growth from designated sending areas to designated receiving areas.
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Skagit Regional TDR Project An Introduction to Transfer of Development Rights
What is TDR? Transfer of Development Rights A market-based mechanism that enables voluntary transfers of growth from designated sending areas to designated receiving areas
Why Consider TDR Now in Skagit? • Envision Skagit Citizen Committee recommendation • Ongoing Commissioner interest • Growing number of TDR programs regionally to learn from
Skagit TDR Grant • From Washington State Department of Commerce • Competitively awarded • Funding source: National Estuary Program, Puget Sound Watershed Protection and Restoration Grant
Puget Sound, clean water and TDR? • Protecting working farm and forest lands • Protecting floodplain and other sensitive areas • Encouraging growth in existing cities • Implementing improved stormwater solutions Key drivers of watershed health include:
TDR Advisory Committee 15 members • Various sectors potentially involved in TDR transactions • Two at-large members: Skagit residents, urban or rural • Will provides policy and technical input, assist with public outreach
Local partners in submitting grant: • Skagitonians to Preserve Farmland • Skagit Island Counties Builders Association • Skagit Land Trust • City of Burlington
TDR Staff, Consultant & Advisor Team • Kirk Johnson - project manager • Linda Christensen: grant administration • Mark Personius – planning consultant • Taylor Carroll, Forterra: TDR technical advisor • Heather Ballash, Washington State Regional TDR Program manager • Economic consultant: to be selected
Key Questions to Consider • Is market demand strong enough to drive a TDR program? • In the current economy • Once the economy improves
Key Questions Are the cities willing to serve as receiving areas? • What’s in it for them?
Key Questions • Can TDR complement, and not harm, existing conservation programs including Farmland Legacy?
Project Timeframe • Now through end of 2013 • Study and analysis of TDR potential in Skagit County • BCC to make threshold decision by end of 2013 • Move forward with TDR program, or not? • If “Yes,” legislative consideration of TDR program would occur in 2014
Project Phases • Phase 1: Consider Skagit TDR Program • Phase 2: Burlington Commercial Redevelopment Analysis • And Burlington’s potential as TDR receiving area
Phase 1 Tasks: TDR 1. Public outreach: Ongoing • 2. Study existing TDR programs and Skagit County goals • 3. Identify potential sending and receiving areas
Phase 1 Tasks, continued 4. TDR Market analysis 5. Consider TDR structure 6. Draft TDR program and consider adoption
Phase 2 Tasks • City of Burlington: • 1. Explore Commercial Core redevelopment opportunities • 2. Consider LID stormwater and open space planning options
Other potential TDR applications • Future Industrial lands Other sending areas: Other receiving areas: • Areas with piped water • Bayview Ridge UGA • Rural Villages
TDR concept at work in Skagit County! • Burlington Agricultural Heritage Density Credit Program • Sale of density credits funds Farmland Legacy Ag-NRL purchases