Development rights maybe transferred to land within specific zoning classifications pursuant to the following procedure:
(1) The county planning commission shall be responsible for the initial calculation of transferable development rights. This calculation is subject to correction upon submission of a more recent property survey which invalidates the previously recorded plat.
(2) Such allocation to property owners shall be recorded by plat in the register of deeds office.
(3) The transfer of development rights must be documented through deeds which particularly describe the property from which and to which said rights are transferred.
(4) Certification of the number of development rights eligible for transfer from a particular piece of property must be obtained from the county auditor before transfer can be effected. No transfer shall be recorded in the register of deeds office for the county without certification attached to the deed.
(5) Notification of development right transfer shall be given by the register of deeds office to the county auditor and the county building codes department within 3 days of said transfer.
(6) Whenever a building permit is obtained by a property owner for use within a zoning classification which contains transferable development rights, the county building codes department shall notify the county auditor within 3 days. The county auditor will then adjust transferable development rights accordingly.
(7) Upon the transfer of the development rights from a particular piece of property, said rights are forfeited indefinitely for such property.
(1976 Code, § 17-33) (Ord. 1064, § 3, passed 12-21-1983)