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Council weighs rules for tree-mitigation trust with roughly $746,000 on hand; staff to draft ordinance language
Summary
Town staff told the council Sept. 3 that the town’s tree-mitigation account holds about $746,000 now with roughly $1 million expected by year end; councilors asked staff to draft ordinance language defining permissible uses and to send the draft to Planning & Zoning for recommendation.
The council discussed a tree-mitigation trust fund on Sept. 3 after Community Standards staff reported approximately $746,000 currently held in the account and projected roughly $1 million more by the end of the budget year from larger development projects and mitigation payments.
Community Standards Director Karen (Garner Young) told the council that the town lacks a specific code section governing tree-mitigation trust funds and presented a menu of permissible uses drawn from practice in other jurisdictions. Uses staff identified included: purchase and…
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