Statement Regarding TDR Stakeholder Dialogue
Whereas the Virginia General Assembly has in recent years provided enabling legislation to allow local governments to implement Transferable Development Rights (TDR) programs; and
Whereas Albemarle County Board of Supervisors has some interest in exploring TDRs as a tool for protecting our Rural Areas; and
Whereas the Albemarle County Board of Supervisors has limited resources available for exploring a TDR program for the County at this time; and
Whereas the Weldon Cooper Center of the University of Virginia has expressed willingness to support and facilitate a community stakeholder dialogue regarding the possible use of TDRs in Albemarle County; and
Whereas, stakeholders have expressed interest in funding this stakeholder dialogue at the Weldon Cooper Center; now
Therefore, the Albemarle County Board of Supervisors hereby acknowledges that it is interested in learning the outcome of the aforementioned stakeholder dialogue, and is supportive of this dialogue being undertaken in the community.
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