Sarasota News Leader

05/10/2013

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A CHANCE TO WEIGH IN A graphic prepared for the County Commission in October 2012 shows county-owned lands that could be used for Transfer of Development Rights. Image courtesy Sarasota County OVERSIGHT COMMITTEE SUGGESTS UPPING TRANSFER OF DEVELOPMENT RIGHTS PRICES By Cooper Levey-Baker Associate Editor Asked by the Sarasota County Commission to weigh in on a proposed formula for pricing Transfer of Development Rights, the county's Environmentally Sensitive Lands Oversight Committee (ESLOC) this week made modest adjustments intended to generate higher revenues. property. The buyer can then apply those development rights to other areas. The goal is to offer incentives to preserve undeveloped land while pushing higher density to areas better suited for it. The County Commission last year asked staff to figure out a method for pricing the TDRs Transfer of Development Rights — commonly associated with publicly held lands. After forknown as TDRs — allow a landowner to sell mer member Jono Miller complained that the the right to build new dwellings on his or her Oversight Committee never got the chance

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