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<br /> , <br /> MAYOR WOODBURN: That's right. <br /> . MR. STOUTENBURG: So just because they're going through and <br /> putting this - first they want to sell the lots and if they <br /> sell a lot, someday somebody can build on it, but I've seen <br /> some lots where five people will go and buy a lot and just keep <br /> it for a lot - they never do build on it. <br /> MAYOR WOODBURN: There's not too much we can do about <br /> that, We can't force somebody into something. <br /> MR. STOUTENBURG: When that project originally started, <br /> I was thinking a developer was going to go in there and actually <br /> build the houses and the whole works and just sell the houses <br /> and the lots all together. <br /> MR. LAUGHINGHOUSE: May I speak to that, Mr. Mayor? In <br /> the first place, all the lots that are in place are part of the <br /> plat that was platted in the 1930's. That plat goes right <br /> across our property. In other words, if you stay after this <br /> hearing, we'll get some more maps up here - this road, although <br /> it's only paved to here, is platted and the City owns the road <br /> all the way straight up to here, it runs around here, and it's <br /> platted and comes right back down. There are lots - here's <br /> one of them - and they run right straight up there and they <br /> stack right up here and so forth~ Those lots that are under <br /> there have been there since the 1930's. Nobody can force a <br /> . developer to build a house. But, a lot of money has gone into <br /> this already and more money is going to go into it and assess- <br /> ments will have to be paid, so if pressured - there will be <br /> pressure for it to be developed. <br /> MR. S TOUTENB URG: I guess my concern is - how long am I <br /> going to have to listen to hammers pounding back there? AmI <br /> going to have to listen to it for ten years? <br /> MR. LAUGHINGHOUSE: I sure wouldn't want to promise. <br /> You're right - someone may buy a lot for the investment. In <br /> Mendota Heights, a party bought two lots - built a house on <br /> one and within a year they sold the other lot for a profit. <br /> MAYOR WOODBURN: Pretend they're woodpeckers. <br /> MR. STOUTENBURG: If the price of fuel keeps going up, <br /> . I'll buy the lot just for the wood. <br /> MR. POPOVICH: I hope we don't run into this too much, <br /> because some of us can remember in St. Paul - in the Highland <br /> Park area - they put in streets, curbs, gutters and everything <br /> and it all went tax delinquent. That whole Highland Park area. <br /> The City ended up selling lots at tax forfeited sale. When <br /> you go back in history, you can have some situations that are <br /> . bad examples of what could happen. <br /> 11 <br /> ----.- <br />