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Conclusion <br />Residential Construction Remains Stable <br />Single family residential construction continued and so did multi -family <br />construction with the Habitat project. <br />Successful New Residential Projects <br />❑ Indicative of recovering market <br />❑ Building activity will continue to increase with new phases of <br />developments. <br />F' Approved one of the first stormwater re -use systems within a <br />residential development. <br />❑ Foreclosures seemed to have leveled out. <br />FStaff continues to receive calls and meet with <br />developers that are interested in Hugo. <br />HCity of <br />ugo <br />