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12. The property o^»ncr has conchideJ th?» !he market value of the property as a single <br />hutldii^ Site docs not provide him auv’^uaie compensation \shen selling the <br />property, and reqiicsts approval for two building sites Zoning C^xle Section <br />10.06, Subdivision 3 (A-4i states that "economic consideratwns alone shall not <br />constitute an undue hardship it reasonable use f».'r the propertv exists under the <br />terms of this Chapter" Reasonable uses for the property include use as a single <br />building site, which use w^^uld be allowed by the Zoning Chapter <br />13 While the average developed lot size in the Hillside Park subdivision is <br />approximately one acre in the two minimum LR-IA zone, existing properties <br />to the sf.Hith. west, and iuMth of this subdivision have substantially larger acreages. <br />Although the zi>ning district Kvundary between the LR-IB one acre and LR-IA two <br />acre zones is near the property, the property does not abut the one acre zone, and <br />iiKlividually would not be a reasonable cxiemion of that zone without including <br />adjacent properties on the west side of Westlake Street <br />14 Two existing lakcshore lots on Westlake Street were recently combined to create <br />a I 4 acre building site In the future, additional properties along this shoreline <br />could be purchased together and combined to create more useable building sites. <br />It w(vuld be consistent if Lots 10, 11 and 12 were combined mio one building site. <br />15 The Stubbs Bay area including Lots 10. 11 and 12 was not zoned by the town of <br />Orono until July 10, 1950 at which time the "Stubbs Bay District" was created with <br />required minimum building lot area of one acre. The City Assessor s records <br />indicate the resideiKe structure on Lot 10 was built in 1951. The City has no <br />apparent record of w hen the cabins were constructed In 1967. while the property <br />was zoned one acre, a prior owner proposed a subdivision very similar to that <br />proposed now, resulting in two lots of approximately one acre each. That <br />subdivision was tabled bv the City Council and no final action to approve such <br />subdivis- i ever occurred. In 1975 as part of the City-w ide rezoning, the propeny <br />(and much of the Stubbs Bay area) was rezoned LR-L\ Single Family Lakeshore <br />Residential, two acre minimum lot size, which zoning is currently in etteci. <br />16 Approval of this subdivision with the required lot area variances would set a <br />negative precedent and could result m pressures for higher density development in <br />Orono s two acre zone. <br />Page 6 of 9