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Framework for Shoreline Rebalancing

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Presentation on theme: "Framework for Shoreline Rebalancing"— Presentation transcript:

1 Framework for Shoreline Rebalancing
The Perspective of Affected Property Owners and Newberry & Saluda Counties

2 Shoreline Management Rebalancing Essentials
Plan must be FAIR to all Parties Implementation must be uniform in application Plan must protect the Lake & Shore Line Plan must extend past the PBL to be effective Plan must garner enhanced public compliance to be successful Plan must protect Property values

3 New Shoreline Management Plan
Protect all remaining undeveloped shoreline Implement a uniform 75 ft buffer Eliminate private docks All property owners receive “boating access” via multi-slip docks & common boat ramp 1.5 slips per 100 ft on PBL

4 Results Minimize shoreline impact Maximize wildlife habitat
Maximize natural scenic beauty Improve public access to public waters Maximum increase in protected acreage Improved property values benefiting back property owners and counties

5 How will the Plan be Implemented?
Deeded Land exchange between back property owner and SCE&G to create a uniform buffer Following exchange, Land behind the buffer may be sold to back property owner Purchase of fringe land not mandatory for multi-slip Set asides by back property owner to ensure that there is “no net loss of preserved acreage”

6 Newberry County Impact
38 miles classified as Game & Forrest Management 38miles x 5280ft/milex$1200/ft x.06 assessment x399 mills= $5.76M 1338 additional homes ea 1338 homes x $150,000 x .06 x 399 mills = $4.8M Total $10.5 M Conservatively over a $300 Million source of revenue over the next 30 years

7 Saluda County Impact 60 miles classified as Game & Forrest management
60miles x 5280 ft/mile x $1000/ft x .06 assesment x 300 mills = $5.7M 2112 homes $150,000 ea 2112 homes x $150,000 x .06 x 300 mills =$5.7M Total $11.4M Conservatively over a $330 Million source of revenue over the next 30 years

8 Impact on Back Property Owners
Stabilization of property values at median levels Preservation incentives available Effective penalties for noncompliance Encourages low density development

9 Questions ?


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