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02-26-2024 CC Agenda Packet
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02-26-2024 CC Agenda Packet
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2/26/2024 10:38:49 AM
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2/23/2024 2:03:20 PM
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<br /> <br /> <br /> <br /> Lake West Development | 14525 Highway 7, Suite 265, Minnetonka, MN 55345 | (952) 930-3000 <br /> <br /> <br />3 <br /> <br />3. Incorporate best management practices for stormwater management and natural <br />resources conservation and restoration in planning processes. <br />4. Plan for local infrastructure needs including those needed to support future growth. <br /> <br />There is also a growing need within the City of Orono to provide a broader range of housing <br />choices for empty-nesters and seniors whose lifestyles better match the amenities of attached <br />or multi-family housing. Orono’s aging population is retiring and on f ixed incomes, creating a <br />need for alternative senior housing accommodations. <br /> <br />According to the 2000 U.S. Census and Hennepin County Records, approximately 56% of the <br />housing stock is more than 50 years old (Table 2), which raises some concerns about its <br />continued functionality if maintenance is deferred. <br /> <br />Table 2 <br /> <br />Our intention with this development is to address the City’s concerns for providing a necessary <br />supply of housing for an ageing population while also undertaking vital environmental clean -up <br />and restoration of the site. <br />147
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