Progress
LOT 5/15/08
The General Assembly has ended, the current status is the final status.
Details
5/7/08
AN ACT TO AMEND TITLES 9, 22, AND 29 OF THE DELAWARE CODE RELATING TO THE TRANSFER OF DEVELOPMENT RIGHTS AND THE CREATION OF SPECIAL DEVELOPMENT DISTRICTS.
This Bill provides two major components for better land use planning and development in New Castle County and the municipalities within New Castle County. First, the Bill sets up a process for the transfer of development rights (“TDR”) and sets up a TDR bank. Second, the Bill provides for the creation of Special Development Districts—districts which are created to provide for financing of infrastructure needed for the development of the District and which must utilize TDRs. These two components working together should address several problems. They will help save open space by encouraging the transfer of development rights and by providing for higher density where development does occur. They will also provide more funding for the construction of needed infrastructure so that this burden does not fall entirely on existing property owners.
Author: Sen. Ennis
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