Laserfiche WebLink
24% of Orono's housing stock is considered affordable according to the Mctrooolitin <br />Sva"^c'arel "■ '">“^'"8 the <br />3. The project ^a is located immediately north of the Navarre business district at the <br />m ersectton of Coun^ Roads 15 and 19. The Navarre area was developed at a higher denshv <br />the majority of Orono. The typical lot in Navarre is 6,725 square feet or 15 acre <br />affordable than the majority found in Orono. Exhibit A shows the projecf area »d *e <br />location of properties in need of repair. ^ <br />PROJECT FEASIBILITY <br />1. The following tables identify the targeted properties in poor or dilapidated condition ih^i <br />appear repatrable, and those properties with one or more notable structural defictncTes <br />Table 1 <br />Ekhabililalion Cosls for Fropepjps in Poor or nilanidn,.a r'»na|.|-n <br />street <br />Bayview Place <br />Kenwood Way <br />Navarre Lane <br />Shadywood Road <br />Ciy stal Place <br />Bayview Place <br />Crystal Bay Road <br />Olive Avenue <br />Togo Road <br />Address <br />2305 <br />2160 <br />3320 <br />2227 <br />3593 <br />2275 <br />3445 <br />2318 <br />3675 <br />Totals <br />Approximate Rehabilitation Cost <br />$30,000 <br />$30,000 <br />$30,000 <br />$30,000 <br />$30,000 <br />$20,000 <br />$15,000 <br />$15,000 <br />$15,000 <br />$215,000 <br />Of the 13 properties identified in poor or dilapidated condition, 9 appear renairable with <br />m -geted in