18.95.010 Purpose.
The purpose of the transfer of residential density credit system is to supplement land use regulation and open space acquisition programs and to encourage increased residential development density where it can be accommodated with the least impacts on the natural environment and public services, by:
(1) Providing an incentive for private property owners to protect open space, environmentally sensitive areas, park sites, historic sites, rural and resource areas beyond the minimum requirements of the code;
(2) Using the community planning process as one mechanism for involving the City of Covington residents, landowners, cities and other public agencies in designating appropriate sending and receiving areas; and
(3) Providing a review system to ensure that transfers of residential density credits to receiving sites are balanced with other City goals and policies, and are adjusted to the specific conditions of each receiving site. (Ord. 42-02 § 2 (21A.36.010))