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Show Volume XIII THE Issue X OGDEN VALLEY NEWS March LANDOWNERS cont. from page 1 ing advantage of a TDR program, could sell 12 development rights (equal to 12 developable lots) for $600,000, keeping two lots—lots 13 and 14—for future developable estate lots should the owner ever decide to sell them. In this scenario, the landowner could then continue to farm all of the land and continue to pay the lower greenbelt taxes. But, should the landowner decide to, there is no doubt that s/he could receive at least $1 million a piece for each of the two estate lots bordering on the open space s/he has created if they should sell them in the future. Also, with time, the estate lots would most likely continue to accrue value. ‘o recap, the owner sells the development rights for 12 lots to a property owner/developer in another part of the Valley—most likely in a resort area—but keeps the actual property that s/he can continue to own and utilize while retaining the two remaining estate lots that may be sold in the future if desired or needed. Having sold the development rights on the remaining property, the owner, wanting to keep the property in the family, also saves their posterity exaggerated amounts of inheritance taxes that would have otherwise been assessed at the higher rate on developable property. In this scenario, the landowner, participating in the TDR program, is clearly economically ahead, and still has the family farm for him/her and their posterity to enjoy. Today, there are over 400 parcels of property in the Valley that are 20 acres or more in size. Property owners, please plan to attend this informative meeting to learn how TDRs can benefit you, your family, and, eventually, the entire community. r more information, contact Steve Clarke at 745-1348 Pamela Danner of Huntsville, owners of the company Danner Wright Creative. After the video presentation, Tim Watkins of Envision Utah will offer a presentation on TDRs. Kimball Wheatley of Huntsville will conclude, explaining how a TDR ordinance relates to large landowners in Ogden Valley, and the economic advantage of these rights. Kimball Wheatley of the GEM committee explains, “We want to avoid becoming like Park City or any number of resort communities that suffer from extreme traffic congestion, pollution, and near total loss of their rural atmosphere. Instead, we want to preserve as much of the visionary values as articulated in the Ogden Valley general plan. Short of a massive down-zoning by the county commission, which is politically very unlikely, we have only two options. One, let things continue status quo and forget about the quality-of-life values expressed in the General Plan; or two, implement a transfer of development rights (TDR) program that will increase the number of economically attractive options landowners have for the development of their property. A TDR program allows a development right to be transferred from one parcel of land to another where the willing seller and willing buyer agree on a price for the development right. Landowners can then sell all, or some, of their development rights to buyers who want to increase the number of housing units in their development.” atley provides an example. In one scenario, let’s say a landowner owns 50 acres in a zone that, today, would allow him/her to divide the property into 14 lots. As a farm, it may be worth only $200,000, but somewhat over $2 million if the landowner sells to a developer. the landowner, tak- Free People XOXO Hobo 7 1, 2006 Summary of Minutes of Huntsville Town Council Meeting Held January 19, 2006 The following appointments were made: Council Member Ron Gault as the Town’s Building Official, Jerald Engstrom as the Town’s Attorney, Alan Clapperton as member of the Weber Fire District Board of Trustees, Judge Craig rey as Justice Court Judge for Huntsville Town, Sheryl Andrews and Carson McKay as Town Historians, and Rex Harris as the Town’s Engineer. Council decided to exercise the on in a Use aoa eh evn Ce the Town, Dale Grant, and K: n Curtis, and ae el the ae a to notify the interested parties involved. Due to the fact that this agreement is based on some contradiction as to the roadways location. concept to being with the following improvements to “take place for the ice rink in the park. Get better bi-directional lighting mounted on the bowery roof, ave a pole with another light placed somewhere near the southeast end of the ice rink for better lighting, purchase steel hockey goals, and some sort of an insulated/heated building built over the water connection to keep it from freezing and for storage of hoses and hockey goals. The ~ The Council approved a Huntsville Town joins the non-profit member. ~ The Council adopted a Resolution to use the National Electric Code, 2005 Edition, with their building inspections. $60.00 for two facilities. Huntsville Town only, until March 1, after that time reservations will be open for first come first served. The reservations will be divided into two times slots, from 8:00 a.m. to a p.m. and from 4:00 p.m. to 10:00 p.m If someone wants the bowery for. ths full day, they will be charged the fee for the use of two facilities. The Council approved the preliminary Note: This is only a representation of the highlights or action items from the Town Council Meeting. It is not a detailed copy. ge items were discussed but not included in this summary. To get a complete copy of cn approved minutes, please contact the Town Clerk at 745-3420. Approved on February 2nd, 2006. Minutes also posted at huntsvilletown.com web site. HOME x i = Esprit INTERIORS & GIFTS “SOMETHING FOR EVERYONE” (801) 745-6617 Weston Wear women's fine clothing & unique accessories Dottie Beck’ ce @ ogden, ut © 801.39.d Serve to Save Dinner March 22nd 6-8 p.m. SEASON PASS 5522 E. 2200 N. HOLDER EDEN (Next to Eden General Store) APPRECIATION Ka Valley Elementary School gym $30 per ticket Hawaiian Weekend at Coach McBride keynote speaker 100% proceeds go to Ogden Rescue Mission. Wel™ ountain March 11th, 2006 Asa Special Thanks to Our Season Pass Holders for a Wonderful Season, Break out the Sunscreen, Hawaiian shirt and bring a friend for a Weekend of Fun, Prizes and Tropical Music! Two tickets to the Barbeque on Saturday and a weekend lift pass fora friend Only Saturday day/night pass, 9 am -9 pm and Sunday day pass,9 am - 4 pm © Grocery & Beverage Delivery © Private Chef Service ¥si © Fresh Flower Delivery “ 4 = Schedule of Events % All Events are on the Patio Saturday only. Bas =F >» 4 10:30 am - Best Hawaiian Outfit Contest 11:00 am- Ski & Board Limbo Contest ae, BARBEQUE SERVED 11:00 am - 2:00 pm © Private Shopping 12:00 pm - Hula Contest 1:00 pm- Island Karaoke Contest Fall Wacen © Errand Service TALI eM Das) © X-Box and PS2 Rentals ON THE OLD FIRE Visit our Need =“ Fax: 801-745-2779 WWW.) geationpantty. ee major Credit Cards Accepted com time to ski on: have fun? Let us help! Insured, Licensed, and Bonded A Luau Package will be available for other guests for $28 for adults and $20 for children.It includes one weekend lift pass and ONE meal ticket. TRAIL March 11th at 7:30 pm Cost: $5 Great Prices, Fantastic Service! Phone: 801-920-5393 that as a Mark Your Calendar! March 16, 17, 18 Storewide Sale ~ 20-50% OFF Entire Stock Furniture, Easter, Clocks, Jewelry & more! selected merchandise Og motion OVBA Council Member Gault will hold three Open Forums to discuss the proposed Land Use Ordinances for Huntsville Town. At the forums, the public can come in and look at the proposed document, discuss and review issues, and write down their concerns. The Open Forum’s will be held on February 8, 15, and 22 from 6:00 - 8:00 p.m. at the Huntsville Town Hall. It was decided by the Council to keep the fee schedule for the park bowery reservations the same as it has been with NonResidents paying $50.00 for one facility or $80.00 for two facilities; and for Residents, $40.00 for one facility and 50% off best selection of designer fashions Page 3 Check in and pay at the ticket office and then Meet upstairs at the ski school desk. $7 Snowshoe Rentals available at Diamond Peak, located at the Lodge (supplies are limited) Beginners and experienced “shoers” welcome! g~ Ve Aes 745-3511 Reservations Required 745-3511 RMATION AT WWW.WOLFMOUNTAINEDEN.COM |