SUMMIT COUNTY PLANNING DEPARTMENT PUBL

80443 | 01/22/2021 | Ad id: 8-0000653159-01
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SUMMIT COUNTY
PLANNING DEPARTMENT

PUBLIC NOTICE

The following public notice sets forth the amount of the adjusted price for a Transferable Development Right (TDR) in the Joint Upper Blue TDR Bank (Upper Blue basin) for 2021. The adjusted price for a TDR in 2021 in the Joint Upper Blue TDR Bank is $99,045 plus an administrative fee set forth in the Planning Department Development Review Fee Schedule.

PROJECT NAME: 2021 TDR Price Adjustment (PLN20-085)
APPLICANT: Summit County Government and Town of Breckenridge
ACTION: A joint resolution (2018-07) was adopted February 13, 2018 between Summit County and the Town of Breckenridge establishing an updated methodology to annually adjust the price of TDRs sold from the Joint Upper Blue TDR bank. The newly adjusted price of a TDR in the Joint Upper Blue TDR Bank in 2021 is $99,045 plus an administrative fee.
BACKGROUND: TDRs are a tool used to redirect growth from areas less suited for development to areas that can more readily accommodate development. TDRs generally provide a vehicle where the rights to development in a "sending area" can be transferred to an urban "receiving area".
GENERAL LOCATION: The Upper Blue River Basin of Summit County.

For further information, please contact Jessica Potter in the Summit County Planning Department at by e-mail at
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Published in the Summit County Journal on January 22 and 29, 2021. 0000653159