(a) Sending Sites
This section describes how the number of TDRs available to be severed from Sending Sites is calculated. If the Sending Site contains an existing dwelling unit or other primary structure, the total acreage available for calculation of available TDRs under subsections (1) through (3) below shall be reduced by the minimum lot size for a lot in that zone district. The remainder of the lot or parcel does not need to be divided into individual lots or parcels, through subdivision, lot split, or subdivision exemption, as a pre-requisite to severance and transfer.
(1) RR and TR-1 Zone Districts
In the RR and TR-1 zone districts, one TDR may be severed and sold for every thirty-five (35) acres of each Sending Site, provided that fractions of TDRs shall not be considered. A legally created lot or parcel less than thirty-five (35) acres in size may sever and sell one (1) TDR. The transfer of less than one (1) TDR, or any fractional interest of less than a whole number, is prohibited. The following chart illustrates the number of TDRs by size of the Sending Site:
TABLE 6-13: TDRs Available By Acreage
Acreage of Preservation Site Number of TDRs
(2) TR-2 Zone District
(3) CD-PUD Zone district
(4) Constrained Sites
(5) Visually Constrained Sites
(6) Limited Development Conservation Parcels
(b) Receiving Sites
(Code revised (all sections by Ord. 014-D-2006; § 6-70-30 amended (part) by Ord. 038-06, 12-06-06; Ord. 021-07, 07-24-07)