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•04-3007 <br />Ma> to. 2004 <br />Page S <br />General issues: <br />- UHiat value to the C:ty or the public is gained or retained by not al’.c-.ving the lot to be developed <br />for a single family residence? What value is gained by allo’* :ng it to be built cn? <br />- Was the City's designation of the site as wetland in 1intended to preserve its remaining <br />funetions as a rano^collecuon point for the neighborhood'’ Or as it untended to preser. e <br />the site for fumre ctland restoration? <br />. Does It matter whether the picpeny owner was unaw are of the wetland designation for this <br />property for tite last 3D years'* <br />- “The property w as purposely not assessed for se\ver in the re'cn: sew cr proj ect that serv cd the <br />ncigliborhood,because die Cir> be’ue\ ed this lot is unbihldable w ciland How ever, a sew er <br />stub was installed to avoid digging up the road if the lot became buildablc in the fatuie <br />• Applicant states in his Icnc: cf revues: that the parcel w as purchased as a buffer in 1974 Based <br />on information we have gleaned from the County records, applicant purchased it for a <br />mini:nal sum. The 1974 und 1975 tax records show a value on it of S2.700. <br />• How docs the history of tax valuation affect ±e Planning Commission's view of this site'’ While <br />the assessor’s land valuation for this vacant parcel increased steadily from S5.4C0 to <br />S18.000 during the pened 19S0 to 2002, for 2003 it;u.T.ped to S90.000. During lire same <br />22->'car period, the homestead parcel land value w cm from S17,500 to S7S.OOO. with a <br />>«Mb*tantial (but not five-fcld) increase in 2003 to $109,000. It appears the assessor has <br />wk acluded ilie vacant lot isbuildable, since it has been assessed at approximately the same <br />value as the land porhon of the applicants' homestead parcel next door. <br />Merits of Lot Area Variance Request <br />The following table illustrates how this lot conforms to the LR-1A standards <br />LR-IA Lot Area Denoed Lot Width <br />Required S7.120 s f. dry buildablc (2 0 acres)200' <br />Actual 29,700 s f. dry buildablc (0.69 acre) 290' <br />LR-IA Required <br />Front (North)50' <br />Rear (South)50* <br />Side (East and West)30' <br />Wetland 26(Orono); 16?(MC3MD) <br />Drainageway easement O' (but not in easement) <br />Resulting buildablc envelope 50' deep x 90-100' wide