18G.10.120 Interlocal Agreements.
A. Before transferable development rights may be used in other jurisdictions, the County and the other jurisdiction must first execute an interlocal agreement and get approval of the agreement from the County Council.
B. At a minimum, each interlocal agreement shall include the following information:
1. Description of the legislation that the receiving jurisdiction adopted or will adopt to allow the use of development rights.
2. Identification of receiving area(s).
3. Documentation of the applicable sending site use restrictions.
4. If the jurisdiction is to receive amenity funds, the interlocal agreement shall set forth the amount of funding and the conditions subject to that interlocal agreement.
5. The interlocal agreement may also indicate that priority should be given to acquiring development rights in specified geographic areas.
C. The agreement may specify the development credit of a converted development right in terms of dwelling units, floor area, height, or other applicable development standard that a jurisdiction chooses, and any combination thereof.