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Steven and Linda McLoon 1920 Gluek Lane N. Roseville, MN 55113 "\~ D~~ ;@ ~ ~I , ,.cr,vO n\ t:05R 8 November; 2000 Mayor and City Council City of Roseville c/o Thomas Paschk 2660 Civic Center Drive Roseville, MN 55113 f.' ...We request that following be read into the record at the city council meeting, November 13, 2000.*** Re.: Planning file #3273, request for subdivision of lot 6, block 1, Midway Acres, Ramsey County, Minnesota (PID# 09293340006) by Brad and Jan Peterson Dear Mayor and City Council: Brad and Jan Peterson are as good neighbors as one could ever hope to have. So, it is with great reluctance that we voice our concerns regarding the proposed subdivision. We own and reside with our children in the house across the street from the property under discussion. We are uncomfortable with the proposed subdivision for two reasons. First, the proposed subdivision will reduce the value of our property. The value of any residential property is in large part determined by the value of surrmmding properties. Given that the Peterson house would be on a lot approximately half the original size, it stands to reason that its value will fall, which in turn will negatively impact our proj>erty value. Under the existing proposal, we will not be compensated for our loss. Second, the proposed subdivision will result in a negative change in the character of the neighborhood. We, like many of our neighbors, chose to live in this neighborhood because of its many trees and park-like setting due to its large lots. The proposed change will clearly result in a net reduction in the average lot size, a change that we believe will be noticeable. Presumably, the newly created, undeveloped lot will be sold for construction of another house. Construction will only be possible with removal of existing trees. This change in the character of the neighborhood will also negatively impact our property value. We realize that you need to balance our needs with those of the Petersons and the City as a whole. Clearly, the oppommity to add space for another family in our community is appealing. At the same time, please recognize that this change could have a negative impact on the City's and School District's property tax revenue. Property values for Gluek Lane have finally stabilized after a number of years of significant devaluation. New families have been moving in and renovating existing homes. It is impossible to accurately predict the effect of the proposed change, but it does have the potential for reversing the recent property value trend for the neighborhood. We and some of our neighbors will file for a reduction in our assessed values if this subdivision is approved. Further erosion of this tax base is definitely a negative for our City. For these reasons, we ask that you not approve the requested subdivision. 5~ V\-t ~ ~ 1!.1h(~ . r.t~~ ~V(J.w. · clA~Ic'~ ~~~. ~f>>J o\lt ia~ r~.t~ Sincerely, Steven C. McLoon Professor, University of Minnesota Linda K. McLoon Professor, University of Minnesota and Member, Roseville Area School Board