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Last modified
2/8/2024 10:51:34 AM
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2/8/2024 10:51:08 AM
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Planning Files
Planning Files - Planning File #
98
Planning Files - Type
Rezoning
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where minimums have not been established. Since the low cost house is <br />primarily sold on the basis of available financing for the low income <br />b�uyer, anything within reason ,'zat can lower the price of the home is to <br />the builders and consumers initial advantage. Some homes are sold in <br />these areas on the basis of low taxes because some buyers do not stop <br />to real.ize that the new growth they represent will create a demand for <br />' services and, consequently, raise the taxes; others have no choice but <br />to accept the situation and hope their income rises at a faster rate than <br />their taxes. <br />Develo ment Costs. Land costs in themselves do not give the complete <br />picture o the coats involved in providing sites for homes. Develop- <br />ments cost add two to six times the land costs depending on the physical <br />characteristics of the site and required improvements (see Appendix A <br />for detailed breakdown of typical development costs). Assuming that all <br />other characteristics of the two parcels of land are the same, the price <br />of the land will be influenced by the development costs. For example, <br />acreage with high spots and poorly drained areas will sell for less than <br />relatively level land with good drainage. <br />Soil characteristics pi eclude development in some locations and have <br />minor effects on costs throughout the A rea. As pointed out in the <br />Metro olitan Land Stud , organic soils of peat and muck are undesirable <br />or buil ing purposes; that report delimits the major problem areas. <br />Where shallow pockets of peat and muck are found, it is possible with <br />the heavy earth moving equipment to remove and replace it with stable <br />soil. Where peat land is extensive in an area or more than several feet <br />thick, costs rise to the point where the land is not competitive on the <br />edge of new growth. Howevar, bypassed peat lands which now provide <br />a close-in location are able to support high development costs. <br />The urban attern is stron 1 influenced b extensive areas where ma or <br />soi roblems are oun . The peatilla es d the vha eeal eady affec �d <br />a ly easi e to eve op in Blaine V g Y <br />the shape of urban area periphery. In other cases peat land will deflect <br />development until at a later time its locational advantages or relative <br />costs makes it competitive. <br />Bedrock outcroppings may be as effective as poor soil conditions in <br />retarding or deflecting growth. B�low the bluff in Highland Village area <br />in Saint Paul, development has been retarded because of bedrock condi- <br />tions. Throughout the Metropolitan Area, however, there are very few <br />places where bedrock is near enough to the surface to play a major role. <br />Sandy or clay soil may also modify the timing and sequence of develop- <br />ment. A sandy loam soil was mentioned by several builders as the <br />most desirable soil type. Clay soils retain the moisture and result in <br />several days of lost time with the earth moving equipment after each <br />rainfall. Well drained sandy soil can be worked immediately. This <br />factor is not a major one in itself, but could reduce t�ie profit margin <br />or retard development in rainy periods. Sandy soils also make possible <br />27 <br />
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