Density Transfer. The number of residential dwelling units planned for the different large lot parcels within the Developer’s Property as designated in the Specific Plan may be transferred to other large lot parcels within either Developer’s Property or other property within the Plan Area, subject to compliance with the conditions for such transfer as set forth in the Specific Plan and the Implementation Policies and Procedures Manual approved by the County. Minor density adjustments, as defined in the Specific Plan and the Implementation Policies and Procedures Manual, shall not require an amendment to this Agreement; provided, however, upon approval of any such minor density transfer, the change in units for the transferring and receiving parcels shall be noted by a recorded acknowledgment of such transfer in order to revise Exhibit 2.2 for this Agreement. The right to transfer any unused units from the Property shall be limited and shall only occur in compliance with the provisions for density transfer as set forth in the Specific Plan and the Implementation Policies and Procedures Manual.
Density Transfer. Master Developer may request to transfer density from one area of the Development Property to another, or from one Subdeveloper to another, in order to facilitate development of the Total Density. Any transfer of density that results in a net change of density units of ten percent (10%) or less (whether an increase or decrease) within any given area/pod as shown on page 11 of the Viridian Farm Conceptual Land Use Plan (each, a “Pod”), as amended, shall be approved by City staff in its discretion. Additionally, any approval of a net density change resulting from the addition or removal of a church, public, or quasi-public building site shall be approved by City staff, in its discretion, regardless of the number of units transferred as a result of same; provided that, in the event of any removal of any such building that is shown on page 11 of Exhibit C, Master Developer shall choose to replace said building(s) with a density and product type matching that of any adjacent Pod (whether immediately adjacent or across a right-of-way) as selected by Master Developer in Master Developer’s discretion. All other density transfers shall take place as an amendment to this Agreement approved by the City Council, in accordance with the Viridian Farm Conceptual Land Use Plan, as amended. Notwithstanding anything to the contrary contained in this Section 10, the aggregate Density for the Development Property shall not exceed the Total Density. City shall be entitled to receive an accounting for all used, planned, and transferred density, in order to ensure that the Total Density is not exceeded.
Density Transfer. The number of residential dwelling units assigned to specific land use classification or large-lot parcels may be transferred within the Plan Area, subject to compliance with the conditions for such transfer as set forth in the Specific Plan. Minor density adjustments, as defined in the Specific Plan, shall not require an amendment to this Agreement or the development agreement for the other transferring or receiving parcel; provided, however, upon approval of any such minor density transfer, the change in units for the transferring and receiving parcels shall be noted by a recorded acknowledgement of such transfer.
Density Transfer
