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COMMUNITY DEVELOPMENT HOUSING NEEDS CERTIFICATION <br /> As authorized by the City Council , I hereby certify that <br /> the City of Pequot Lakes has completed a Housing and <br /> Community Development Needs Assessment . A complete record of <br /> the process and findings is on file in the Director ' s office <br /> of the Pequot Lakes Housing & Redevelopment Authority . <br /> Below is a summary of our findings : <br /> 1 . 18% of the homes in the City of Pequot Lakes are 10-15 <br /> years old and 58% of the homes are one and two bedrooms <br /> homes ; <br /> 2 . 30% of the homeowners are over 60 years of age ; <br /> 3 . 45% of the homeowners are low income ; <br /> Below is a summary of our needs : <br /> 1 . 40% responded that public recreational facilities are <br /> needed ; <br /> 2 . 27% want more single family housing development ; <br /> 3 . 34% stated the area needs industrial development . <br /> By supporting the Housing & Redevelopment Authority in the <br /> creation of more low to moderate single family housing units , <br /> and by supporting Pequot Lakes Area Development Organization <br /> the City will be able to meet the above needs . <br /> Ed Larsen , Mayor <br /> -- 7 - 2,5 <br /> Dat e <br />