Framework%20for%20Shoreline%20Rebalancing

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 SCEG 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/milex1200/ft x.06 assessment
  x399 mills 5.76M
• 1338 additional homes valued _at_150,000 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 valued _at_ 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 ?