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Resolution No, /D99 <br /> Page 72 ' <br /> � <br /> 3. The existing lakeshore and woodland properties <br /> along Bayside Road should experience infill <br /> development at rural densities . <br /> 4. The existing cottage development along East Lake <br /> Street has a less secure future. This area has <br /> ' major sewage treatment deficiencies and lies entirely <br /> within the flood plain. Extensive rehabilitation <br /> should be discouraged; although improvements for <br /> habitability are required. Extensive rehabilitation <br /> may prove economically unfeasible because of flood <br /> proofing requirements. <br /> � 5 . No neighborhood commercial development needs are <br /> forecast or expected in the Study Area. Commercial <br /> � �pressure for development of the Marina property is <br /> entirely non-local in origin. . <br /> III. THE STUBBS BAY MARINA PROPERTY � � <br /> • A. PROPERTY DESCRIPTION & OWNERSHIP (See Exhibit H) <br /> 1. From 1956 to 1973, Keiran owned and operated the <br /> Resort while living on the property. Only parcels <br /> 1-3 were involved. The docks licensed and inplace <br /> respected the angled property line between parcels <br /> � 3 & 4 (between Kieran and Fulkerson) . <br /> 2. ,Keiran .sold the Resort to McCleary in 1973 after <br /> • which Keiran' s house (cabin) was razed thereby removing <br /> � the last residential use of the property. <br /> 3. McCleary purchased the Fulkerson property (parcels <br /> 4 &5) in 1974 to expand the marina in front of parcel 4. <br /> � <br /> � <br /> 4. Parcel� 2 of the Resort property was homestea ded, <br /> 'assessed and taxed as residential property through <br /> 1973, and was mistakenly assessed as residential even <br /> 'through 1975 after the residential use had been <br /> . discontinued. <br /> � . <br /> . � � � <br />