Transfer of Development Rights. Nothing contained in this Agreement shall be interpreted to limit Redeveloper's right or ability to transfer any development or other rights which may exist at any time in the future.
Transfer of Development Rights. (A) Developer may, at its sole discretion, transfer its Development Rights to other developers. The transferring Developer must give notice to the County of the transfer of any Development Rights. The notice to the County must include the identity and address of the transferring Developer, the identity and address of the acquiring Developer, the acquiring Developer’s contact person, the location and number of acres of the Property associated with the transfer and the number of residential units or commercial acreage subject to the transfer. Any Developer acquiring Development Rights is required to file with the County an acknowledgment of this Agreement and the transfer of Development Rights is effective only when the County receives a commitment from the acquiring Developer to be bound by it. In the event of the sale, transfer, or other conveyance of all or a portion of the Property and compliance with the conditions set forth herein, Developer shall be released from any further obligations with respect to this Agreement as to the portion of the Property so transferred, and the transferee shall be considered as substituted as Developer under the Agreement as to the portion of the Property so transferred.
Transfer of Development Rights. Owner shall be required to notify the City, in writing, as and when Development Rights are transferred to any other party, including Secondary Developers. Such information shall include the identity and address of the acquiring party, a proper contact person, the location and number of acres of the Property transferred, and the number of Residential Dwelling Units and/or mixed use or commercial acreage and square footage of the building area, as applicable, subject to the transfer. Secondary Developers transferring Development Rights to any other party shall be subject to this requirement of notification, and any entity acquiring Development Rights hereunder shall be required to file with the City an acknowledgment of this Agreement and a commitment to be bound by it.
Transfer of Development Rights. Two (2) or more member municipalities may voluntarily choose to participate in a transfer of development rights (TDR) program thereby allowing the transfer of development rights across municipal borders within the Region. A separate Intermunicipal TDR Agreement will be necessary to participate in a multi‐municipal TDR Program.
Transfer of Development Rights. A. Right to Assign. Owner, Developer, and/or Subsequent Developers shall have the right to sell, transfer, ground lease, or assign Development Rights associated with the Property in whole or in part to any Person (an “Assignee”) upon written notice to the City in accordance with the notification provisions of Section VI(B) below; provided, however, that the Property subject to the sale, transfer, or assignment of any right or interest under this Agreement shall have been first subdivided in accordance with subdivision plats approved under the Zoning Regulations. Unless released of certain obligations as set forth in Section VI(C) below, Owner, Developer, or Subsequent Developer, as applicable, shall continue to be obligated under this Agreement with respect to all portions of the Property retained by Owner, Developer or Subsequent Developer. Owner, Developer or Subsequent Developer shall also remain obligated with respect to the dedication and installation of all associated infrastructure improvements regarding the On-Site Roads, Near-Site Roads and Off-Site Roads and the other public infrastructure to be provided by Owner, Developer and/or Subsequent Developer, as applicable under this Agreement, unless released in accordance with the provisions of Section VI(C) and the Approved Assignment of Rights (attached as Exhibit D).
Transfer of Development Rights. A. The transfer of development rights in accordance with §15.5.7.B is permitted for historic preservation, open space and affordable housing purposes for sending sites specifically identified in the Plan and located in the “Conservation Area” designated in the Plan, subject to the following provisions. Additional sending sites that are located within the “conservation area” designated in the Plan may be approved by the County Board...
Transfer of Development Rights. All future residential, commercial, industrial and incidental development rights that are now or hereafter allocated to, reserved, or inherent in the Protected Property except as may be specifically reserved to Grantor in this Easement are hereby terminated and extinguished. Grantor and Xxxxxxx acknowledge that such terminated and extinguished rights may not be used on or be transferred to other property by the Grantor or Grantee. Neither the Protected Property nor any portion thereof may be included by Grantor or Grantee as part of the gross area of other property not subject to this Easement for the purposes of determining density, lot coverage, or open space requirements under applicable laws, rules, regulations or ordinances controlling land use and building density. No development rights that have been encumbered, terminated or extinguished by this Easement shall be transferred by Grantor or Grantee to any other lands pursuant to a transferable development rights scheme or cluster development arrangement or otherwise. No development rights or density credits may be transferred by Grantor or Grantee onto the Protected Property from any other property.
Transfer of Development Rights. All other development rights not specifically reserved under this Easement are hereby extinguished and shall not be transferred to any other property pursuant to a transfer of development rights program or any other means or used to calculate permitted development density.
Transfer of Development Rights. All other development rights not specifically reserved under this Easement are hereby extinguished and shall not be transferred to any other property pursuant to a transfer of development rights program or any other means or used to calculate permitted development density. The Property and any portion thereof shall not be included as part of the gross area of other property not subject to this Conservation Easement for the purposes of determining density, lot coverage, or open spaces requirements under otherwise applicable laws, regulations or ordinances controlling land use and building density. No development rights which have been encumbered or extinguished by this Conservation Easement shall be transferred to any other lands pursuant to a transferable development rights scheme or cluster development arrangement or otherwise; provided, however, that with prior written permission of Grantees, this paragraph shall not preclude such transfer of development rights resulting from the destruction or demolition of any existing residential building on the Property.
Transfer of Development Rights. As identified in the BDUGAA, the 00 Xxxx Xxxx Xxxxxxxxxx Xxxx is eligible to receive 100 TDRs from the City’s In City Forest Area, all as defined in the BDUGAA. Pursuant to BDMC 19.24 (Exhibit “E”), at the time of Implementing Project application on the area known as the East Annexation Area, the Master Developer shall apply the 100 Development Right Certificates currently held in trust for the Master Developer to the East Annexation Area.
