18A.20.130 Approval of transfer of development rights.
The purpose of the transfer and purchase of development rights (TDR) program is to permanently conserve resource lands such as forestry and agriculture, rural lands, recreational trails, open space and habitat areas through acquisition and extinguishment of the development rights on those lands which are designated as “sending sites.” Lakewood participates in the TDR program as administered in Pierce County Code Chapter 18G.10.
A. Required Instruments. Final approval for site plans or subdivision plats which involve the transfer of development rights (TDR) shall not be approved until evidence is provided to the City that the following instruments have been approved by the Pierce County TDR Program Administrator and recorded with the Pierce County Auditor:
1. Signed and recorded TDR certificates for each unit of density on the receiving parcel(s) in the Residential 4-8 District; and
2. A signed and recorded document of attachment of the development rights to the subject parcel(s).
B. Deed restrictions documenting the conveyance of development rights shall be recorded with the Pierce County Auditor on all applicable parcels and notice shall be placed on the title of the sending site indicating that a development rights transfer has occurred.
The following information shall be recorded on the face of any plat for property which received a TDR under the provision of this chapter: A statement that the development rights used in the plat have been transferred in accordance with the deed of transfer of development rights prescribed by Pierce County; the volume and page number of the recordation of the deed of transfer of development rights between the owner and the applicant; the volume and page number of the recordation of the transfer of development rights easement between the original owner and Pierce County; the serial numbers issued by the Pierce County TDR Program Administrator of the TDRs used in the plat; and the volume and page number of the recorded document of attachment of the TDRs to the subject parcel. [Ord. 726 § 2 (Exh. B), 2019.]