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Justifying the need for a 4-lot development <br />Listed below are the costs for developing Dove Park: <br />Utilities <br />459000 <br />Engineering <br />3,000 <br />Lana costs <br />579650 <br />Real Estate Taxes <br />500 <br />Title Insurance <br />500 <br />Insurance <br />1,000 <br />Legal Fee <br />700 <br />Surveying <br />29000. <br />Appraisal Fee <br />400 <br />Erosion Control <br />19900 <br />Telephone Tarriff <br />1,000 <br />Trees <br />900 <br />Street Signs <br />100 <br />Soil Tests <br />500 <br />Street Light <br />1 500 <br />115,750 <br />lots were developed, the cost would be approximately <br />$28,937.50 per lot. If three lots were developed, the cost <br />would be approximately $38,583.30. <br />Dove Development -has conferred with a number of realtors and <br />appraisers, and it is their feeling that lots intthe Roseville <br />area are worth between 25,000 and 35,000. Dove Development <br />feels that a four lot development must be planned in order for <br />it to be financially feasible. <br />Dove Development is the land developer for Marpon Homes.. It is <br />the opinion of Dove Development that Marpon Homes would be involved <br />in the building of'the homes. Marpon Homes, Inc. is a Local <br />builder located in the Arden Hills -New Brighton area. They are <br />a family operation (father and three sons),_and have built homes <br />for twenty years. <br />