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MAYOR DEMOS~ This come to ~5,OOO. FROM THE AUDIENCE~ $ll,OOO is short of - MRS. HINZ~ I'm on a corner lot so I'll have to pcy elmost $8,000 so I can get. $ 5,000 more on e2ch of the lots. The reason we bought was }~ ecause Open Space was developing. It w~s listed on the sheet because (inaudible) not been built up because Open Space W2lS going to buy it. So we moved, and here all of 2 sudden - all of 2 sudden we're going to be citified. Therels much more prime land in Roseville that can be built up without resorting to this. FROM THE AUDIENCE: Where? MRS. HINZ: South of Lake Josephine there's 12 acres. lYi..R. REILING: That heppens to be ours, 2nd for your informa- tion, we'll get $20,000 back ~here. We're developing that. MAYOR DEMOS: I'd like to make it plain. The city does not do the developing. We msrely put in the improvements at the request of the or.mers. I think there' s ':>ne thing we have to 2cknowledge. We ccmnot go on 0 II 'Jwing or expect ing - let's "put it this way - expect.ing private owners to go on paying taxes on the property. and quite ? nUTPber of years ago S0me of these people came bef:>re us e>nd t:old us the amount they'd paid in taxes on some of the~e lots OVGr a period of sever?l years - paying s0nitary sewer assessments which they ~ay t-hey d&dn't porticularly ask for or nEed at the time and you expect them to P2lY that to hold it open for us. There's only one other thing and that is that we }:;uy it., and I i:on't know where .the money would come fran. MRS. HINe: I do own a back lot t-oo. I'll be suffering a loss. We just bought it at a good price and re2l11y I couldn't afford to hang on to it and I don't want it developed, so it would be me going (inaudible) to t.he city so t.hat Reiling, who owns such a large parcel, can get his few extra thousand. I'd just as soon see it be (inaudible) so it can be open space. MAYOR DEMOS: The city would h2ve to buy the property in order to keep it open. -25-