08-18-1980 Planning Packet - Laserfiche WebLink

Home Browse Search

Di ^.yLu(-3 •"■• ;"n?i nr: i i' 1 v*-> June 13* 1980 CITV;. Ofv oo Jean Mabusth Orono City Hall Post Office Box 66 Crystal Bay, Minnesota 55323 Dear Jean: Enclosed is a sketch plan of the proposed subdivision of Lots 1 and 2 of Block 1, Navarre Cove. As you will recall. Lot 3, on which the old duplex is located, has been sold. I would like to subdivide Lots 1 and 2. As I have indicated to you earlier, I would like to subdivide Lots 1 and 2 as indicated by the red dotted lines on the attached survey. Lot 1 is presently 1-1/2 acres; Lot 2 is 1 acre. In brief, I £un requesting that the lots be divided in half. As you know, the buildings are constructed so that they may be easily divided. The reason.that I am requesting that the lots be subdivided is that we desire to have each unit owner-occupied. You indicated at one time your preference for zero lot-lining the property in order that the units could be separately owned but that the area surrounding the units be common grounds. Although I have no objection to that procedure, I cun informed by various mortgage companies and savings and loans institutions in this area that they would not consider lending mortgage money to proposed buyers of units which were zero lot-lined on any project of such small magnitude. They would, of course, provide mortgage .oney if the proposed purchaser was also buying the lot on which ct o building was located. I would appreciate it if you would review the proposed sketch plan with the Planning Commission and/or the City Council prior to the filing of our formal subdivision application. I would like to stress that the principal reason, indeed the only reason, for requesting the subdivision of lots as shown on the survey that I have attached rather that zero lot-lining is the very practical one of obtaining mortgages for prospective purchasers.