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02-28-2013 Additions
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02-28-2013 Additions
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3/6/2013 9:41:18 AM
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Brausen Option <br />Pros: <br />Allows them to develop sooner. <br />May give them added development potential depending on storm water management and neighbor <br />participation. <br />Creates one additional lot. <br />Cons: <br />Higher costs due to longer street than Ghost Plat option. <br />Pine Tree Pond Develop does not support. <br />Needs corner piece of Acosta property to create one of the lots. <br />Allows Brausen's to develop but still requires Acosta /Boog to cooperate to develop their property. <br />Who will carry infrastructure costs until Acosta /Boog Develop? <br />Can Acosta Boog be assessed from "benefits received" standpoint? <br />Use of Existing Street Easement <br />Pros: <br />Only takes 17 feet of land from Acosta /Boog to gain access to Brausens. <br />Potential for another lot with cooperation /sale of piece from adjoining property owner. <br />Cons: <br />Most Expensive option. <br />5 lots versus 6 lots. <br />Creates a triple frontage lot, creates a double frontage lot, and one lot in Pine Tree Pond doesn't meet setback <br />requirements. <br />Requires cooperation between Acosta & Boog for dedication of additional right -of -way and combination of <br />property to create lots. <br />Who will carry infrastructure costs until Acosta /Boog want to subdivide. <br />Can Acosta Boog be assessed from "benefits received" standpoint? <br />If street/utilities are installed, Acosta /Boog could face higher real estate taxes due to existence of developable <br />property. <br />May jeopardize Pine Tree Pond Plat, especially if full 33' feet are used. <br />Ghost Plat with Purchase of Brausen & Option to Purchase <br />Pros: <br />Least costly to develop. <br />Provides Brausens with land value today while preserving lot character for Acosta & Boog. <br />Does not require any assessments /deferrals for any the three property owners. <br />
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