CC 11-30-1981 - Laserfiche WebLink

Home Browse Search

so that an architectural control committee within our company controls the architecture, or the design, of the house. As to . the dollars question, I doubt very much that anything on there could be built for less than $100,000, or probably $140,000 or $150,000 or $160,000. We sincerely hope that it will be in that range, or more, because the lots are going to have to be priced at $25,000 and up. One doesn't build $100,000 homes - that's probably the minimum that you can build on a $25,000 lot. I don't anticipate devaluating the properties around it at all. I don't mean to sound elitist - I think we're going to do a good job of controlling the architecture. However, we will not - I strongly doubt that we'll be building the homes. That is not our custom. MAYOR WOODBURN: Another question I can perhaps answer here - this is a residential zone and this type of zone, 95 feet is the minimum lot that would be allowed - 14,000, plus or minus, square feet. MR. STOUTENBURG, Isn't that quite a bit more from what our standard lots are there? MAYOR WOODBURN: Perhaps more than what yours is, but not in an R-l zone -it's 85 feet, I believe, in R-2; 95 feet, I believe, in R-l. Your lots were designed a while before the zoning was in, I'm sure. I would like to just vaguely comment on something else you said - I think the general experience is, . when new, expensive houses are built in a neighborhood like this, that it helps the housing value. MR. STOUTENBURG, It helps their housing value. MAYOR WOODBURN: No, yours. I think that is what is generally found. I'm not a realtor - somebody else might want to comment on that too. MR. LAUGHINGHOUSE, I did remember another question the gentleman asked - the lots on the east side are extra large. The reason is that the land along the east side is quite low. It's sort of an extension of that pond that's up on the north- east corner. That is the reason that they are larger lots. It's not possible to move the road to the east and put more lots in. We have put the lots in, more or less to the stand- ards of the City - minimum standards of the City. Again, what . the Mayor said, 95 foot frontage and so many square feet. MR. STOUTENBURG, When you go through a project like this, do you level off all the trees or are you going to leave most of the oak trees that are in that area back there and let the homeowner that buys the lot determine how many trees he wants to cut down? . MR. LAUGHINGHOUSE, Same answer. A modern developer is not like the developer in the 1950's. We all learn, I guess. Not that I was a developer in the 1950's, but we don't clear 6 -----