§ 58-247. Calculation of development rights.

Within 95 days of the receipt of a complete application for a transfer of development rights certificate, the department shall certify the number of transferable development rights, assign serial numbers accordingly, and issue a transfer of development rights certificate. Development rights shall be calculated in accordance with the formula included in the South Fulton 2015 Land Use Plan on a gross acreage basis. For each eligible gross acre of the sending area, one development right (TDR) will be issued. The area of a parcel with fractional acreage will be calculated by rounding the total acreage down to the nearest whole number and issuing one TDR per acre.

(Ord. No. 03-0492, 4-2-03)