The sale of all TDCs shall be reported to the county within 30 days of the sale by any seller and any buyer of TDCs, on a form approved by the Planning Department. The parcel(s) from which the TDCs have been purchased shall be clearly identified. That parcel's "Certified TDC Rights" and the TDCs purchased and the number of TDCs remaining on the parcel shall be stated. The price paid for the TDCs purchased, including all forms of compensation, shall be disclosed to facilitate establishing a market price and to provide the information to base the price of the bonus TDCs assigned to the receiving area. If the TDC consisted of a gift, in whole or in part, that fact shall be disclosed. The new owner of the TDCs shall be stated. When the new owner of the TDCs assigns the TDCs to a new parcel, the new parcel shall be identified and the parcel's current "Certified TDC Rights" and added TDC rights shall be shown. The County Planning Department shall "certify" the changed "Certified TDC Rights" of each parcel.
(Ord. 865, § 1 (part), 2010)