In expansion of the community development objectives contained in Article
I, §
300-2 of this chapter, it is hereby declared that the intent of this article with respect to the TDR Transfer of Development Rights District to establish reasonable standards and criteria to protect unique and valuable environmental features and preserve areas identified through Township plans as important open space. It shall be further the intent of this District:
A. To preserve
such lands entirely within the R-1 Residential Agricultural District
(R-1) and the R-2 Residential District (R-2), or other areas consistent
with the recommendations of the Township's Comprehensive Plan and
Open Space and Environmental Resource Protection Plan, and to ensure
that lands are preserved for such use for the future.
B. To reduce the
negative impacts of suburbanization and sprawl within the receiving
districts.
C. To protect property
rights by allowing landowners whose immediately developable land,
without the need for remediation, is intended for preservation to
transfer their rights to develop to other areas of the Township deemed
more appropriate for development based upon the availability of community
facilities and infrastructure.
The Township reserves the right to amend this
article in the future, and the Township expressly reserves the right
to change the manner in which the number of development rights shall
be calculated for a tract in the sending area and the manner in which
development rights can be conveyed. The Township further expressly
reserves the right to terminate its own transferable development rights
program at any time. No owner of the land or owner of development
rights shall have a claim against the Township for damages resulting
from a change in this article relating to the regulations governing
the calculation, transfer and use of development rights, or the amendment
thereof, or the abolition of the transferable development rights program.
If the transferable development rights program is abolished by the
Township, no developer may attach development rights to any tract
in the receiving area after the effective date of the ordinance abolishing
the transferable development rights program, unless a transfer of
development rights conditional use application in conformity with
the provisions of this article was filed prior to the effective date
of such ordinance and thereafter is continuously processed to approval,
and, following such approval, a complete subdivision and/or land development
application applying such rights is thereafter filed within two years
from the date of such approval.