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The sending property is an approximately 80 acre farm / r- U j T <br /> located in the northeast corner of the township that ;E, <br /> kr <br /> remains eligible for one density unit. If this petition is <br /> approved,development potential on the sending i1311' <br /> property will be exhausted. <br /> TDR Sending Property <br /> The sending property consists of high quality farm soils I'Petition++641 <br /> (-90%class 1 and 2 soils), and is surrounded by a �. <br /> number of other larger farms.The proposed transfer 4 ,st. _ 1 ' '' <br /> appears to satisfy the town's standards and criteria for , i <br /> $. <br /> transferring development rights. `, �I <br /> Pending any concerns expressed at the public hearing, , �° `f <br /> or by the town in the course of its review,staff • <br /> -.' <br /> recommends that the petition be approved subject to "`'' <br /> the following conditions: <br /> 1. A notice document shall be recorded on the southerly RR-16 zoned property(proposed lot 2 on CSM) indicating <br /> that the lot was created as a result of a transfer of development rights. <br /> 2. The TDR-S Sending area overlay zoning district shall be applied to the-'80 acre MW Olson farm in section 2 (tax <br /> parcels:061102485006 and 061102490009). <br /> 3. The owner of the sending property shall record a deed restriction on the-80 acre property prohibiting further <br /> non-farm development in accordance with town plan policies (tax parcels:061102485006 and 061102490009). <br /> TOWN: The Town Board approved the petition conditioned upon Lot 1&2 being deed restricted to prohibit further <br /> division of the properties. <br />