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15 Cards in this Set
- Front
- Back
Capital Improvements Plan
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lays out the expected sequence of investments and thus gives the municipal government a rough schedule of when and in what amounts it will have to issue bonds and also a rough indicator of how much it will have to spend on debt service.
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General Obligation Bonds
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a bond guaranteed by the full faith and credit of the municipal government. Issued with strict limits and prohibited from being used for general obligations
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Revenue Bonds
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backed by claim on the revenues that the facility is expected to generate. If a project doesn't generate revenue it may not be financed by revenue bonds.
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flow of grants
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most grant money flows from federal to state governments and then from state to municipalities. Occasionally, federal money will go directly to municipalities, for example school districts.
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subdivision regulations
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control the manner in which blocks of land over a certain size may be converted into building lots, plat map must be approved.
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Ways tomake zoning more flexible
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bonus or incentive zoning
transfer of development rights planned unit development inclusionary zoning cluster zoning performance zoning development agreements exactions form-based zoning |
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Bonus/Incentive Zoning
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allow increased residential densities if developers include some units earmarked for low- and moderate-income tenants
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Transfer of Development Rights
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property owners in the sending areas who do not develop their properties to the full extent permitted by law may sell their unused rights to property owners in receiving areas
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Inclusionary Zoning
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build more than a specified number of units must include a certain percentage of units for low- and moderate-income households.
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Planned Unit Development
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Normal zoning, however large property holders may qualify for zoning exceptions after a site review plan.
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Cluster ZOning
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permit the building of houses on smaller lots provided that the space thus saved is used for community purposes
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Performance Zoning
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stipulate what may or may not be done in terms of end results instead of giving detailed regulations on the exact form of development. Uses FARs and impervious cover regulations.
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development agreements
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bypasses existing zoning via contract between developer and city about what must be and what may be done on a project...must be in line with comprehensive plan.
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Exactions
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money charged in order to develop that covers the costs the development is presumed to impose on the community.
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site-plan review
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another layer of review for large developments which insures internal circulation, parking, buffering, etc.
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