03/27/1995 Council Packet - Laserfiche WebLink

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c s- . c a r' 1)1 CTTY CAP ON BUILDING NEW HOMES WE, THE UNDERSIGNED REGISTERED VOTERS (MAY BE REGISTERED AT THE TIME OF VOTING) OF THE CITY OF LINO LAKES, REQUEST THAT AN ORDINANCE BE PLACED ON A CITY BALLOT. IF THE FOLLOWING AMENDMENT IS APPROVED BY A MAJORITY `,'OTE, IT WILL BECOME EFFECTIVE 31 DAYS AFTER -VOTING IS COMPLETED. THIS ORDINANCE CANNOT BE REPEALED EXCEPT BY A i\4AJORIT T vOTE OF THE REGISTERED VOTERS OF LINO LAKES. THERE SHALL BE NO MORE THAN 75 SINGLE FAMILY HOMES PER YEAR TO BE BUILT IN THE CITY OF LINO LAKES. FIFTEEN (15) OF THESE 75 HOMES WILL BE RESERVED FOR RESIDENTS OF THE CITY TO SUBDIVIDE THEIR PROPERTY. THERE IS A LIMIT OF NC) MORE THAN 2 PLATS PER LANDOWNER PER YEAR - - HOWEVER THE REMAINING PROPERTY COULD BE PLATTED INTO LOTS. THE REMAINING BALANCE OF 60 HOMES WOULD BE ASSIGNED TO DEVELOPERS, AS PERMITTED BY CITY BOARDS. IF TIIE 15 RESIDENT PLA FS ARE NOT DISTRIBUTED OR APPLIED FOR BY SEPTEMBER 30TH OF THAT YEAR, THE RESIDENTS (IF ANY) WHO ARE DEVELOPING PLATS, MAY APPLY FOR THE REMAINDER OF THE 15 PLATS, BETWEEN THE 1ST MONDAY AND THE 2ND FRIDAY OF OCTOBER. BY FRIDAY OF THE 3RD WEEK OF OCTOBER, THE CITY WILL DIVIDE THE NL Y-It3ER OF REMAINING PLATS BETWEEN RESIDENT APPLICANTS. IN THE CASE OF UNEQUAL DIVISION, THE ODD LOT WILL GO TO THE EARLIEST APPLICANT. IF ANY OF THE 15 PLATS THAT ARE AVAILABLE FOR RESIDENT DEVELOPMENT ARE NOT ASSIGNED BY THE 4TH WEEK OF OCTOBER, THOSE REMAINING PLATS MAY BE USED BY DEVELOPERS, AS PERMITTED BY CITY BOARDS. THIS DOES NOT APPLY IN CASES OF EMERGENCIES (FIRE. TORNADO, ETC.). HOMES CAN BE REBUILT AND NOT COUNTED IN THE CAP. WE, THE : - LLOWING PROPERTY OWNERS, ARE SOLELN RESPONSIBLE FOR THE CIRCULATION OF THIS PE 111 ION. `e ./Z >r* '?7,5 - 7� � i/ 3. -Ad7c d J ti,1/4,(14-ala //U / 4 6q , A0z.bn )/o/ Nthi 6. \11,1A !AVIA"' F 1/ 7. 8. 9 10. 1' itey /'iiv'