The agreement imposes development restrictions around the reservoirs.
In 1998, city voters rejected a ballot measure that would have eased development restrictions in the foothills.
The agreement also places development restrictions on the land even if the Blews sell it.
This is due mainly to the city's development restrictions on land in the northern portion of its area, as they tried to contain sprawl.
Often sold without development restrictions, the result was a crazy quilt of speculators.
Because of development restrictions, there is virtually no vacant waterfront land.
Ko Lipe is actually part of this chain but unfortunately not subject to the same development restrictions.
But within the last five or six years, some kind of development restrictions have been enacted in 38 states, either statewide or locally, he said.
The landowner maintains actual ownership of the land, but agrees to certain development restrictions.
He ended up selling to a couple from Raleigh for top dollar: $504,000, and no development restrictions.
