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32 <br /> Date: November 8, 1994 HAND DELIVERED <br /> TO: Orange County Planning Department <br /> 306F Revere Road <br /> Hillsborough, NC 27278 <br /> Attn: Mr. Eddie Kirk <br /> Subject: Impact Statement - Black Walnut Farms <br /> Dear Eddie: <br /> This letter is written in an effort to respond to your recent <br /> request concerning the Impact of the proposed 24 lot subdivision <br /> of Black Walnut Farms. <br /> We anticipate that this will be sufficient information to answer <br /> your questions as it pertains to the Orange County Subdivision <br /> Ordinance. <br /> The likely value of the homes when complete on the proposed 24 <br /> lots of Black Walnut Farms will typically range in value <br /> beginning with $200, 000 in the first year increasing in $10, 000 <br /> increments per year. (Example: 1994 : $200, 000, 1995: $210, 000, <br /> 1996: $220, 000. ) There will be four (4) houses sold per year <br /> with a sell out period of six (6) years. <br /> Sincerely, <br /> Steve Yuhasz <br /> ENT Land Surveys, Inc. <br />