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HOUSING POLICY <br />Please grant me the opportunity to provide you with a <br />no -holds -barred overview housing development in Lino Lakes. <br />First let me give some factual information followed by a few <br />generalizations. Later let's look at some options open to <br />the city. <br />* Dennis Erickson is building houses in Shoreview, <br />Circle Pines, and Lino Lakes. His signs indicate <br />selling prices in the area of $125,000 in Circle <br />Pines. The dwellings in Shoreview look like they are <br />in the same price range. If I remember correctly the <br />sign in front of his development, Dennis Erickson 2nd <br />Addition, shows houses starting at $69,000. <br />* Most of the high value residential development found <br />in Lino Lakes is in the southeast part of the city <br />near Otter and Bald Eagle Lakes. This is to some <br />degree an extension of the higher value residential <br />development in North Oaks - White Bear Township - <br />White Bear Lake. <br />* Gardner Brothers is looking for a large parcel of <br />land in Lino Lakes. This builder specializes in low <br />cost housing. <br />* Circle Pines and Shoreview are fast exhausting their <br />residential land supplies. The same holds true for <br />Blaine. <br />* On October 26, I had a telephone call from a woman <br />wanting to purchase a home. She said, "I don't know <br />how to put this but-er-ah- I heard lots were cheaper <br />in Lino Lakes than Blaine." <br />* White Bear Township will have its land supply <br />exhausted in five years. <br />* Kent Roessler built some of the houses in <br />Centerville's Center Oaks Addition. Gardner <br />Brothers built the rest. Roessler is presently <br />interested in developing land on LaMotte Drive. I <br />asked him to put some restrictive covenants on his <br />land to ensure higher value housing - higher value <br />than the starter houses in Centerville. He is <br />reluctant though considering the covenants. <br />* Lino Lakes has only a limited amount of residential <br />land. According to the recently completed <br />Comprehensive Plan Amendment, there are only 4,402 <br />acres of developable residential land in the city. <br />Unfortunately more than half of this total (2,350 <br />Page 1 <br />