A.
The Transfer of Development Rights Ordinance is enacted to facilitate the implementation of goals of the Town of Conway master plan adopted April 25, 2024; including the protection of the Saco & Swift River watersheds, drinking water resources, and encouraging development in locations served by municipal infrastructure. These goals are accomplished by allowing, under certain conditions, an increased structural lot coverage when development is balanced with permanent protections of the Saco & Swift River Watersheds through the payment of development transfer fees used for this purpose.
B.
Increased lot coverage is permitted in the Highway Commercial District which is consistent with future land use recommendations of the master plan. Offsetting land is intended to be within the Saco & Swift River Watersheds to preserve critical environments, protect against flooding, and safeguard drinking water resources.