10-12-1992 Council Packet - Laserfiche WebLink

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calculation ot the gross residential zoning district acreage within Tier I and Tier II-V properties of the Shoreland District. Tier I properties are those which are riparian to the lake to a depth of 200 feet from the ordinary high water level (OHWL) . Tier II-V properties include the non-riparian properties 200-1,000 feet from the OHWL. Table 3 illustrates this exercise; TABLE 3 SPRING PARK MAXIMOM SHORELAND DENSITIES Mciximum Standard Density MaximumAllowedIncrease Tier Net Area Units Multiolier Allowed Units I 1,415,997 94 50%141 II 1,089,098 109 100%218 III 460,998 46 200%184 IV 244,000 24 200%96 V 100,000 10 200%40 3,310,093 283 679 Existing Housing Units:937 As can be seen from Table 3, there is over development in the number of residential units allowed in the shoreland area based upon the DNR density standards. There are currently 937 housxng units (252 single units and 681 units in multiple family structures) in Spring Park while the model ordinance would only allow 283 single family units. Even with the provision of the density increase multiplier, which allows for 679 units, Spring Park is still 258 units aibove this limit. Due to the number of existing multiple family buildings, Spring Park cannot comply with the density standards in the DNR Ordinance. Multiple family accounts for 73 percent of Spring Park's total housing, while single family accounts for only 27 percent. The loss of these existing multiple faunily \mits to Spring Park, if they were not allowed to rebuild to their existing density, would be detrimental to the City's population base a-’ tax base. A loss in population would affect Spring Park througn reduced State and local aid. The current population is also necessary to support the local economy. The City's tax base would be affected through the loss of these revenue generating properties which are needed to cover the City's debt structure of municipal services. I i j