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Here are the sdme referring <br />questions: <br />• What is the real cost of <br />development and how does it <br />get factored into decision <br />making? Does development pay <br />tor itself? <br />• How much coordination is <br />occurring, or needed, between <br />schools and other governmental <br />units making land-use decisions <br />that largely determine school <br />population? <br />• Some parts of the region are <br />excellent areas for housing. What <br />weight should this receive in <br />regional level planning? <br />• What are the future <br />implications of today's market <br />trends? How might changing <br />demographics affect the market? <br />a FISCAL STUDY UNDER WAY <br />Cost is a key criteriona in <br />evaluating the three options. <br />Council staff is assessing the <br />cost implications by 1) identifying <br />the population growth and where <br />it will locate; 2) then translating <br />the population growth into public <br />"SSfvIc^ costs. <br />‘ V ; <br />The/ next steps HrivSIve <br />projecting the public revenues <br />induced by growth; and 4) <br />comparingdevelopment-induced <br />costs with revenues. <br />Costs to be identified in the <br />study irKHude schools, roads, <br />water, sewer and storm drainage. <br />D LAND COST STUDY <br />Council staff are looking into the <br />land cost changes occurring in <br />Chanhassen, Inver Grove <br />Heights and Plymouth after the <br />land became part of the MUSA. <br />Sites just outside the urban <br />service area in the three cities <br />will be used for a comparison. <br />The goal is to Identify the <br />change in land value based <br />solely on its inclusion in the <br />MUSA. <br />A second part of the study looks <br />at various mechanisms to <br />capture land value windfalls for <br />public use. <br />D FORECASTS FOR THE <br />THREE OPTIONS <br />Every five years the Council.^ <br />revises its regional and lo^l <br />forecasts of populati^, <br />households and emploffhent. <br />The revised forecasts^re being <br />prepared this fall.^ <br />Staff^re ^eparing forecasts for <br />counties, cities and townships <br />based on current regional growth <br />policies, historical trends, and <br />community desires as the <br />Council has done in previous <br />forecasts. <br />Staff also will prepare community <br />for^asts built upon the <br />assutnptions in the Concentrated <br />Development and Channeled <br />Development options. The <br />results %will help the region <br />evaluate the likely impact of the <br />growth slenarios. <br />% <br />a FOR M<^E INFORMATION <br />Call the Cr^ncil's data center at <br />291 8140 and ask for a free copy <br />of a bro^ure. Choosing an <br />Urban Development Options for <br />the Twin Cities Area: 1995 2020. <br />It desaibes the options and <br />contains ftrend and forecast <br />information. <br />Call Qcnna Mattson of the <br />Council staff at 291 -6493 if you <br />wouIrT like us to make a <br />pr^entation to your group. <br />l^you have an online computer <br />you can access information and <br />^ comment via the Twin Cities <br />Computer Network, or call the <br />Metro Information Hotline, 229- <br />3780. <br />The public is also invited to <br />attend Council committee <br />meetings where the growth <br />options will be discussed. <br />Ijl'Sp.'V'