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HomeMy WebLinkAboutMinutes - TDR IZ Committee - 03/20/2019Transfer of Development Rights Interim Zoning Commiee Meeng Minutes 20 March 2019 Members Present: Michael Miag, Chair, Tom Bailey, Tim Barre, Kelly Lord, Monica Ostby and Andrew Chalnick (clerk) Members Absent: Michael Albertson Staff and Guests: Amanda Lafferty, Asst. City Aorney The Meeng was called to order at 7:04 PM in the First Floor Conference Room of the South Burlington Police Staon at 19 Gregory Drive. 1. Direcons on emergency evacuaon procedures from conference room The emergency exit procedures and routes were described. 2. Agenda: Addions, deleons or changes in order of agenda items Michael asked for addions to the Agenda. Monica asked to add to the agenda a discussion around the queson of the impact of the transfer of TDRs to a land trust or other conservaon organizaon. 3. Open to the public for items not related to the agenda No comments unrelated to the agenda 4. Update on opon to use zoning as a replacement for TDR program, Tom Bailey Tom then laid out his thoughts for agenda item 4 – using zoning as a replacement for the TDR program. The idea would be to: o Rezone the SEQ (or some porons of the SEQ) consistent with rural zoning – i.e., one unit every 5, 10 or 25acres o Limit subdivision and/or impose a minimum lot size o Provide that developments should minimize impacts on natural resource areas and that developmentshould be compact on any lot The benefit of this proposal is simplicity and transparency. It was noted that this would lead to some development in the NRP areas that are now considered protected. Monica objected that this scheme would be inconsistent with the buildout of the SEQ at 1.2 units per acre. Amanda was asked her views on what the impacts of the proposal would be to the City. Amanda responded that she did not believe any landowner would have a viable constuonal “takings” claim against the City if the proposal were enacted. She also did not think that anyone who had purchased TDRs in a private transacon would have a claim against the City if those TDRs – by reason of this change – became worthless. She agreed to come back to the Commiee with her more considered views on these points. 5. Review of City Aorney feedback on possible expansion of market for TDRs, Michael Miag Michael then moved on to item 5 and asked for Amanda’s views on the following: · Amend or rewrite SB’s TDR ordinance to: o Expand coverage city-wide. o Designate all or part of the SEQ and other specific parcels in the city as Sending Areas or parcels. o Establish Receiving Areas in zones outside the SEQ. · Establish density bonuses for the use of TDRs for developments in receiving zones. For example, TDRs could beused to substanally increase allowed density in many of our residenal and commercial zones. · Amend SB LDRs to establish a maximum square footage per dwelling unit. Developers could opt out and build larger units in exchange for the purchase of a requisite number of TDRs. · Amend SB LDRs to allow for an increase in Lot Coverage in exchange for the purchase of a requisite number of TDRs. · In circumstances where a developer requests a waiver from the DRB for addional building density and/or lot coverage and the DRB is inclined to grant such waiver the developer is required to purchase a requisite number of TDRs in exchange for the waiver. Amanda provided her views that all of the opons for expansion of the TDR market as laid out by Michael would be – or could be draed to be - consistent with the framework of the Vermont statute. A discussion ensued as to how the suggesons could be implemented and whether they could only be implemented through PUDs. Andrew asked whether there was consensus that any change along the lines of Michael’s dra should be with a view toward achieving some balance between the possible demand for TDRs and the supply. Aer some discussion the commiee mostly agreed that it should. Andrew then asked Amanda whether we could achieve that balance by changing the current TDR formula of 1 TDR per 0.83 acres to 1 TDR per, say, 2, 3 or 5 acres. Amanda responded that we could, and she did not think such a change would expose the City, but she would come back to the Commiee with a considered view on this point. Kelly was concerned that any such change would diminish the value of exisng TDRs. Kelly noted that the City should facilitate the TDR market by creang a TDR bank. 6. Discuss opon for large-scale acquision of TDRs The meeng then moved to item 6. The Commiee noted that the City could use open space funds, issue bonds or try to enlist conservaon organizaon to purchase TDRs. Kelly noted that purchasing and rering TDRs would serve conservaon goals. Andrew quesoned whether this would be the most efficient way to promote conservaon given that conserved land can only be considered current use if the land itself is transferred to a charity. This queson was le open. It was also noted that seng a market value for the TDRs would be difficult, but perhaps some type of aucon mechanism could be employed. 7. Status of TDR Registry Project. What can be done in the next 4 to 6 weeks; This item was moved to a future meeng 8. Approval of minutes; This item was moved to a future meeng The meeng adjourned at 9:15 PM. Andrew Chalnick Minutes approved by the Commiee on April 4, 2019