Agenda - 11-21-2016 - F-1 - Laserfiche WebLink

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235 SENDING AREA MODEL nff(Zr of 0 pmnt, t,f Foofibil t,lj SLu lj. Updot.lz, t 2 Orange County is conducting a feasibility study of creating c;Transfer of away from farmland,water resource areas,important natural habitats, ®3 d'< Development Rights (TDR) program for its residents. A TDR allows and other places that the County and its citizens would like to see rl 1 4 landowners to sell the future rights of developing their pr6'pefty,while conserved.Landowners in the areas receiving additional development of 5 permitting others to build new development in areas that an best can profit by the allowance of higher densities and hence more profit. al l 8 3 support growth.Those people wishing to sell the uture rights t&�, lop °t Important tax base revenues from the development accrue to E€ 7 a z their property can continue to dive, farm, op!dd any of the things that everyone in the County and allow the construction of more roads, M s t they would otherwise do with their land.New development is directed parks, schools, water/sewer facilities, and other public infrastructure =to without raising taxes-and in places where the 7. new facilities are far less likely to cause the need low ECONOMIC MODELING SCENARIOS for more infrastructure in the future. RECEIVING AREA MODEL Hypothetical '. Hypothetical Receiving Areas. Sending Area The County has appointed a Citizens'Task Force Scenario#1. to work with its consultants to explore various TDR Nine separate ,; options and prepare a report on the feasibility of potential This scenario receiving areas simply suggests creating a TDR program in Orange County. The were created that Sending Task Force has met five times, and has using economic I Areas are those 0 I development , . places that are developed the following products: V m and rural R X not included in Reviewed a technical memorandum from r n m x� development if any Receiving ii v J I I z"`r .,- nodes from the Area,resulting in the consulting team that has conducted U[ 3 `�`c;;..., Comprehensive maximum preliminary program research from t= 4 ;C y Plan. { _ coverage. _ P rY p eer p g other states already using some form of TDR. - 13 Z 7 Hypothetical Hypothetical ■ Discussed the characteristics of a good �j?? ,a w Sending Area Sending Area sending area, like the presence of Scenario#2. Scenario#3 ,f � t important natural resources, prime p Smaller than the __ This Scenario farmlands,and public water supplies. b area in Scenario - e�elusively on Lf� #t,this model ■ Discussed the characteristics of good _ those parts of focuses on those + receivin areas, such as having excess parts of Orange Orange County g g The two maps above indicate the relative that have the p County facing roadway capacity, available water/sewer \ merits of various lands within Orange County as development _ highest natural suitable receiving/bottom)and sending areas pressures. resource values. service,and other urban amenities. ^, (top).The stronger the color,the more criteria +. 5 is The Task ,Force also discussed other vl that the land area met during the assessment. Sending and receiving area criteria were __ _ ents of a hypothetical TDR program, collaboratively designed by the Citizen's Task i like legal issues, administration, and Force and consultant and focused on " coordination with municipalities. protecting natural resources(Sending Art_.) Taking the basic sending/receiving area models at left, the Task Force considered the development of various IL and making development more cost-efficient sending(3)and receiving(1)scenarios to conduct an economic feasibility of a TDR program in Orange County. (Receiving Areas).