Administrative Process. The County shall notify the City within 30 days after the end of each calendar year the number of Regional TDR Credits eligible to be used in the LIPA that it has qualified and certified in the County for such use and the source and use of any funds placed in a segregated account subject to the restriction that the funds in the account were derived from the sale of Regional TDR Credits from forest- zoned and Rural-zoned properties, which funds shall only be used for purchasing new Regional TDR Credits from agriculturally-zoned lands.
Appears in 3 contracts
Sources: Interlocal Agreement, Interlocal Agreement, Interlocal Agreement