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'~ty of <br /> <br />'vet <br /> <br />INFOR ,,, Ay o <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />MEMORANDUM <br /> <br /> Mayor and City Council <br /> <br /> Steven B. Ach, City Planner <br /> <br /> January 8, 1996 <br /> <br /> Residential Lot Inventory <br /> <br />Attached is a year-end summary of the residential lot inventory of those <br />developments that have occurred since 1988. This inventory represents all of <br />the plats that have been recorded, improvements installed and lots available <br />for development. The one exception is Country Crossing 2nd Addition which <br />has been included in this number, so the actual number of available lots as of <br />12/31/95 is 176. Based on the 168 single family dwelling building permits <br />issued in 1995, the residential lot inventory indicates a one year supply of <br />residential lots. However, there have recently been preliminary plat <br />applications made for new developments, as well as final plat applications for <br />preliminary plats that were approved last year; all of which are scheduled to <br />be constructed in early 1996. This will increase the current inventory by the <br />middle of 1996. <br /> <br /> s:council:inventor <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />