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Orange County TDR Implementation Planning 4 <br />Administrative Design Options <br />0 = Recommended Course of Action <br />1. Pre-Certification of RCA <br />C red es a pool" <br />The baseline <br />Properties <br />of known_eligible <br />certification report <br />Should the Orange County staff <br />may have to be done <br />meet with potential RCA property <br />when , eve ope,rs <br />come in;the door`; <br />all over again if a long <br />period of time (e.g., <br />owners and certify their <br />e duce <br />two years) passes <br />properties as being eligible for <br />credits prior to and unassociated <br />on 'thedeyeIoprnent­' <br />between the original <br />with any development action <br />ocess, by <br />(pre) certification and <br />instead of waiting until the TDR <br />d6co uplih.g the-RCA, <br />the actual credit <br />transaction is initiated by a <br />eligibilit.Yfrom the, � <br />1. '- , : '. <br />transaction occurs <br />development action? <br />rest bf.the. .' '; <br />May create a false <br />transaction : process <br />expectation of <br />readiness on the part <br />of the RCA property <br />owners <br />2. Property Valuation <br />Offers one way of <br />;6 Adds additional, <br />Should a third-party property <br />helping to ensure <br />::complexity: and <br />valuation be done to determine <br />some equity of <br />expense to the TDR <br />an objective value of the RCA <br />credit market value <br />process for both.: <br />property and hence the number <br />�: <br />Sencling'dncl SGA <br />of credits that the (conserved) <br />rests . <br />prop erty is worth, instead of <br />allowing individual negotiations <br />between Sending Area and <br />Receiving Area landowner <br />developer to set the TDR credit <br />price.? <br />3. Incentives Through Process <br />Initially, this was <br />Omitting any part of,, <br />Streamlining <br />identified by <br />.the. review process <br />Should the County review <br />developers as a <br />would raise ,puestiOn' s':,_ <br />process be shortened - probably <br />way of raising.more <br />aboutitsvalidify, - ncl:l': <br />F.. . .1- .1 .1 _1 a <br />through the deletion of the <br />interest in <br />.-may'..16e perceive, .. as::, <br />' d <br />Neighborhood Informational <br />participating in a <br />9ra.n ting evelopment- <br />-for viable TDR projects, <br />TDR scheme <br />Interdst!'favors, .af the 'Meeting <br />instead of the TDR project <br />Streamlining <br />expense of residents <br />following the normal review <br />becomes a more <br />and business owners <br />process? <br />viable option IF TDR <br />...Shouldbe_ <br />SGA design <br />..,:,considered after the <br />standards are part <br />:.ibRprogram has - be e hT <br />of the required <br />initiated lHrahsac.tion <br />process <br />activifyis low: <br />0 = Recommended Course of Action <br />