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~~ <br />SUMMIT <br />~~~ CONSULTING <br />ENGINEERING ~ ARCHITECTURE ®SURYEYING <br />25. Ruffer Slater - 20 Years EDC <br />Net Economic Impact <br />Compete with downtown businesses <br />National Chains <br />85 leaves county/Local Businesses/50 leaves county <br />Response: The economic impact projections of Buckhorn Village have <br />been presented in the application. In addition, we have emphasized that the <br />project will welcome local businesses, It is our opinion that downtown <br />businesses in Hillsborough are unlikely to be negatively affected by <br />Buckhorn Village. Downtown businesses are very dependent on downtown <br />pedestrian and vehicular traffic and downtown residents. These are <br />specialty shops and stores that are seven to eight miles from Buckhorn <br />Village. The Baal of Buckhorn Village is to compete wifh other regional <br />shopping centers, such as Alamance Crossing and The Streets at South <br />Pointe. This sector is underserved in Orange County, and will provide few <br />competitors to fhe type of business found in downtown Hillsborough. <br />26. - Timberwood <br />Keep Orange County dollars, unique green <br />Transportation, environments; capture 84,000 <br />truck traffic restrict <br />Noise air light from Hwy trees <br />Response: Buckhorn Village is striving to implement sustainability <br />methods that are applicable and economical for the type of development. <br />Emerging market development presents unique challenges to <br />sustainability, but Buckhorn Road Associates is committed to adopting as <br />many design standards as feasible from the LEED-Retail Rating System. <br />Reuse of storm water for irrigation and treatment of storm water will be <br />used through out the project, as will water saving plumbing devices. <br />Buckhorn Village is designed as a walkable community, where visitors can <br />park-and walk to a wide variety of establishments. Provision for bicyclers <br />and mass transit are important factors in the design. <br />27. Mark Zimmerman -Revenue <br />a. CIP Need money to accomplish goals and services more diverse tax <br />base <br />Response: Not Needed <br />March 19, 2008 <br /> <br /> <br />(~ <br />