The revised plan for a new residential subdivision, portions of which received planning approval on February 8, 1993, includes the design of 210 residential lots and commercial, institutional and multi-family blocks of land. Construction of the subdivision started in 1990. By 1992-93, 80 single-family lots and two multifamily blocks of land were developed. By the end of 1994,

66 of these lots will be leased for private homes, public housing and commercial construction. At current consumption rates, approximately 15 to 17 lots per year, this subdivision should meet the community needs for developed lands until 2002. Thank you, Mr. Chairman.