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g. Ok 0 0 CITY of ORONO ;vow�� G~ RESOLUTION OF THE CITY COUNCIL 9kESHd¢ NO. e3 6 9 0 12. The property owner has concluded that the market value of the property as a single building site does not provide him adequate compensation when selling the property, and requests approval for two building sites. Zoning Code Section 10.06, Subdivision 3 (A-4) states that "economic considerations alone shall not constitute an undue hardship if reasonable use for the property exists under the terms of this Chapter". Reasonable uses for the property include use as a single building site, which use would be allowed by the Zoning Chapter. 13. While the average developed lot size in the Hillside Park subdivision is approximately one acre in the two acre minimum LR-1A zone, existing properties to the south, west, and north of this subdivision have substantially larger acreages. Although the zoning district boundary between the LR-1B one acre and LR-1A two acre zones is near the property, the property does not abut the one acre zone, and individually would not be a reasonable extension of that zone without including adjacent properties on the west side of Westlake Street. 14. Two existing lakeshore lots on Westlake Street were recently combined to create a 1.4 acre building site. In the future, additional properties along this shoreline could be purchased together and combined to create more useable building sites. It would be consistent if Lots 10, 11 and 12 were combined into one building site. 15. The Stubbs Bay area including Lots 10, 11 and 12 was not zoned by the town of Orono until July 10, 1950 at which time the "Stubbs Bay District" was created with required minimum building lot area of one acre. The City Assessor's records indicate the residence structure on Lot 10 was built in 1951. The City has no apparent record of when the cabins were constructed. In 1967, while the property was zoned one acre, a prior owner proposed a subdivision very similar to that proposed now, resulting in two lots of approximately one acre each. That subdivision was tabled by the City Council and no final action to approve such subdivision ever occurred. In 1975 as part of the City-wide rezoning, the property (and much of the Stubbs Bay area) was rezoned LR-1A, Single Family Lakeshore Residential, two acre minimum lot size, which zoning is currently in effect. 16. Approval of this subdivision with the required lot area variances would set a negative precedent and could result in pressures for higher density development in Orono's two acre zone. Page 6 of 9