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7 <br />1.30 <br />131 Ed Holland: One distinction is if any development rights are available with conservation <br />1.32 easements. There is a large demand in the County for large tracts of land with few <br />133 homes. <br />1.34 <br />1.35 Craig Benedict: As the number of development rights is limited, the value per acre <br />136 increases. If the intent is to preserve conservation value, the program needs to be set <br />1.37 up that way. <br />1.38 <br />139 Brian Dobyns: If an absentee landowner sells or transfers some of the development <br />140 rights an his property, the adjacent property owner's value also increases. <br />141 <br />142 Vicki Bott: That's true <br />14.3 <br />144 Scott Radway: In Table 3, what is the basis for analysis? Is it intended to show a <br />145 concrete differential? <br />146 <br />147 Vicki Bott: It is a rough outline. The specifics will include the numbers. Table 4 shows <br />148 variability. How do you achieve a balance? This is a significant issue that either the <br />149 program needs to address, or the County needs to accept that the receiving areas will <br />150 go to the lowest value areas. <br />151 <br />152 Craig Benedict: There is a way to equalize, by different values of credits. There needs <br />153 to be a difference in margins far fairness. <br />154 <br />155 Renee Price-Saunders: In the Montgomery County, MD example that was done, the <br />156 credits were equalized. <br />157 <br />158 Vicki Bott: That goes into the design options; the number of credits per acre, <br />159 commercial vs. residential areas, density bonuses. <br />160 <br />161 Renee Price-Saunders: What are you trying to indicate with this table? <br />162 <br />16.3 Vicki Bott: It you look at all of the sales values, the average is reflective of County <br />164 values. <br />165 <br />1.66 Renee Price-Saunders: Should you use the median rather than the average? What <br />167 does the mean show? <br />168 <br />169 Vicki Bott: It was just used for reference, to show the County as a whole in comparative <br />170 terms. This is the average for all properties. <br />171 <br />172 Martin Rady: It looks like the averages are lying. There is really a small amount of land <br />17.3 areas in some of the townships. <br />174 <br />