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HomeMy WebLinkAboutCOM 1008.000 1980-1984I. ( lidPO;dY Z^ hem.imc Ojjiar r� L September 30, 1982 JM11Y UI //�/,�it �L,4jr'UI •H'r•J',� COL1J\ITY COUJ\10L Comite of l l,nraii Hawaii Counte 13tcil,luig Hilo, H.ntau 96720 E; TO: Takashi Domingo, Chairman Planning Committee FROM: Stephen K. Yamashiro, Council Chairman SUBJECT: A Bill Relating to Establishing a Transfer of Development Rights System Our island, the County of Hawaii, is rich and diverse in natural, cultural and historical resources. Its lands are relatively unpopulated and undeveloped. I am concerned about our ability to provide a climate for progress and growth while preserving those resources that make this island what it is. Recent planning decisions have been extremely difficult to resolve because the conflicts we faced had no easy answer. Our. County government can no longer put up a smoke screen that filters out the interests of the private sector. if this continues, our free enterprise system will deteriorate fu_r.ther. This legislation attempts to mitigate repressive action and provides a positive choice for everyone. The attached bill will set up a system called Transfer of Development Rights (TDR). TDR is a planning and zoning device that recognizes one's "right to develop" on one property and provides a means to transfer those rights to another property. The purpose of TDR is to relocate potential development from critical impact areas to areas of minimal impact. The TDR concept recognizes that ownership of land consists of several rights, one being the right to develop the land within the limitations applied by zoning. Once these rights are sold, they are removed from the property and transferred to another. The property which has sold its rights is restricted to a use which serves the public benefit. Compensation to the property owner for restricting the use of the property is derived from the sale of the development rights. In this manner, the welfare of the public is achieved through the preservation of valued scenic, historic, and cultural resources. cohAl'A 1\10. T r,,r Pyr COUNTY COUNCIL County Of Naumii Harvair Cnrmly Buil:iruG Nilo, Hawaii 96720 Takashi Domingo, Chairman Page 2 September 30, 1982 This bill incorporates a two-pronged approach to the transfer of development rights. One avenue would establish districts which would donate or grant these rights to districts which would receive these rights. Designating these districts would be determined in relation to the General Plan. The sale and transfer of developments rights are by private market negotiation on a voluntary basis. The actual transfer of rights from a granting to receiving property does not occur until final project approval, thus, ensuring marketability and discouraging speculation or stockpiling. Upon plan approval, the granting property is encumbered with a Preservation Easement outlining restrictions on the future use of the property. 'An Optional Density Permit is simultaneously issued specifying the increased allowable density and other conditions placed on the receiving property. The second approach grants developmen7 rights to a landowner affected by downzoning. These rights can be sold or transferred to another parcel with the same zoning designation. A transfer plan will be reviewed, heard and approved/denied by the Planning Commission The role of government in this. TDR system is essential. The delineation of granting and receiving districts becomes a crucial component in the process because it cites where development will occur. Thereafter, the review and approval of transfer and plans would be implemented administratively. In addition, it will be necessary to monitor the free market transfers of development rights for fluctuations on supply and demand. Sufficient rights for sales and an equal amount of development area to accommodate those rights provides a balance in the transfer market.. Although a relatively new concept, I appreciate the consideration you will be giving this bill. Att. t 1'ic I