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Transferable Development Rights (TDRs)

A product of the Regional Water Quality Protection Plan for the Barton Springs Segment of the Edwards Aquifer and Its Contributing Zone is the term "Transferable Development Rights", or "Transfer of Development Rights" ("TDR"). In general, both of these terms refer to the ability to trade the "right" to develop from one property to another. In the context of the Regional Water Quality Protection Plan ("RWQP Plan"), the use of TDRs would allow some property to be developed at a greater impervious cover (IC) percentage provided that additional property is secured and developed at a correspondingly lower IC percentage. The current version of the RWQP Plan gives the developer the option to purchase the development rights for the mitigation land in lieu of an outright purchase of the property, and then permanently retire these development rights. In this scenario the owner of the mitigation property could retain title to the land, but would be prohibited forever from further developing the property from which the development rights were sold. Under this situation, the owner could continue to live on the land, use it for agricultural purposes, sell it, pass it on to heirs, etc...

For additional information on TDRs, please see the information provided below.



TDR Primer

The following link is to a "TDR Primer" which contains some basic information about the TDR concept as proposed in the Final Draft of the Regional Water Quality Protection Plan. This "Primer" was jointly prepared by a group of Stakeholders, the Executive Director, and Naismith Engineering.


For the latest version of the TDR Primer - Click Here!!

 

TDR Seminar

It has been brought to our attention that a TDR Seminar has been organized to examine the concept of TDRs and how they might work in Central Texas to help achieve water quality goals. The Seminar has been organized by a group of interested stakeholders independently of the Regional Water Quality Planning Project. The Seminar's purpose is to examine the TDR concept contained in the Water Quality Plan.

The TDR Seminar is on Thursday, June 9, from 8:00 AM until 12:00 Noon . It will be held at the Lady Bird Johnson Wildflower Center and is free. It should provide a good opportunity to better understand and critically examine the TDR concept and whether or not it would be a useful tool to help achieve the goals of the Water Quality Plan. Attendance by all interested parties is encouraged. For a copy of the Seminar's informational flyer, please lick on the link below.


For the TDR Seminar flyer - Click Here!!

 

Please note that you plan to attend the seminar, you need to register at:

rsvp@tdrseminar.com .