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STRATEGIC GROWTH AND RESOURCE CONSERVATION PROGRAM <br />Final (8.7.2009) <br />Glossary of Terms <br />Conservation Easement, Easement - A conservation easement is a written agreement <br />between a landowner and an organization that restricts the activities that may take <br />place on a property in order to protect the land's conservation values. Byers and Ponte, "The <br />Conservation Easement Handbook." 1998. <br />Conservation Credit, Transfer Credit - Represents the right to sell or purchase one unit of <br />transferable density from a Resource Conservation Area to a Strategic Growth Area. <br />Purchase of Development Rights - An action or program whereby a landowner sells or <br />donates to a local government or land trust a portion or all of the allowable permissions <br />to construct or physically alter a parcel of land. <br />Resource Conservation Area - One or more parcels of land that are eligible to sell or <br />donate conservation credits in exchange for limiting the type or density of <br />development that can occur on the parcel(s). <br />Rural Character - Rural character consists of qualities such as horse farms, lakes, <br />pastures, farms, estates and undisturbed roadsides. Areas contain mature and natural <br />landscape with informal placement of trees and indigenous vegetation is characteristic <br />of the area. Cemeteries and places of historic or architectural significance are <br />preserved and maintained. Fulton County, Georgia <br />Special Use Permit - A special permit is a discretionary action by the Board of County <br />Commissioners which may modify use, bulk or parking regulations if certain conditions <br />and findings specified in the county zoning regulations are met. <br />Strategic Growth Area - One or more parcels of land that are eligible to receive one or <br />more transfer credits to construct at a greater density or different type of development <br />than could normally occur on the parcel(s). <br />Transfer of Development Rights (TDR) - (1) TDR is the exchange of zoning privileges from <br />areas with low population needs, such as farmland, to areas of high population needs, <br />such as downtown areas. (2) TDR is a device by which the development potential of a <br />site is severed from its title and made available for transfer to another location. The <br />owner of a site within a transfer area retains property ownership, but not approval to <br />develop. The owner of a site within a receiving area may purchase transferable <br />development rights, allowing a receptor site to be developed at a greater density. state <br />of California, Office of Planning and Research, General Plan Guidelines, 1987. (3) TDR may also represent a <br />single transfer credit. <br />ORANGE COUNTY, NORTH CAROLINA <br />