N.H. Admin. Code § Agr 705.04

Current through Register No. 50, December 12, 2024
Section Agr 705.04 - Cost of Development Rights
(a) The cost of development rights shall be measured as a ratio between the applicant' s declared fair market or ad valorem value for the land and the applicant' s declared value for the development rights to the parcel, as expressed in the formula below:

Declared development rights value = ratio %

Declared fair market value

(b) Points shall be awarded according to Table 700-1, Points Awarded for Cost of Development Rights below:

TABLE 700-1 Points Awarded for Cost of Development Rights

Ratio %

Points Awarded
1%-62%15
62%-64%14
64%-66%13
66%-68%12
68%-70%11
70%-72%10
72%-74%9
74%-76%8
76%-78%7
78%-80%6
80%-82%5
82%-84%4
84%-86%3
86%-88%2
88%-90%1
90%-99%0

(c) If the ratio falls exactly on an even percentage, the points awarded shall be the higher of the 2 numbers.
(d) The maximum points awarded for this section shall be 15.

N.H. Admin. Code § Agr 705.04

#1601, eff 7/1/1980; ss by # 2237, eff 1/1/1983; ss by #2887, eff 10/22/1984; ss by #4098, eff 7/22/1986, EXPIRED: 7/22/1992; #7463, eff 3/21/2001, EXPIRED: 3/21/2009.
Amended by Number 15, Filed April 11, 2024, Proposed by #13910, Effective 3/21/2024, Expires 3/21/2034 (see Revision Note at chapter heading for Agr 700).