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1991 payroll was in excess of $550,000. and the projected 1992 payroll exceeds $575,000. This <br /> money directly benefits the local economy. Purchases of local goods and services including <br /> parts, supplies and fuel necessary to operate the quarry add to the area's economy and using <br /> a conservative multiplier effect, the twenty jobs at the quarry site create additional jobs elsewhere <br /> in the Orange County community. <br /> A local supply of stone is vital to Orange County since it is the most basic of all building products <br /> and is used in virtually all construction projects. Stone is the major ingredient in both asphalt and <br /> concrete and it is required by law in septic systems. It is also used for railroad ballast, driveways, <br /> drainageways and erosion control structures in addition to roads, building foundations, and other <br /> uses requiring ground stabilization. <br /> Transportation of stone can be extremely costly. Hauling costs for one ton of stone over a 25 <br /> mile distance exceed the costs of the stone. A local supply of stone results in a tremendous cost <br /> savings when contrasted to costs associated with hauling stone from an out-of-county source. <br /> An example of the savings can be seen at an upcoming Town of Chapel Hill project. <br /> Approximately 50,000 tons of stone will be needed for the filter bed of a local landfill. The <br /> projected cost savings to the Town of Chapel Hill by hauling the stone from American Stone <br /> Company compared to the next nearest source is approximately $52,250. Projecting savings on <br /> this and all other area projects over the forty year projected life of the expanded quarry make it <br /> apparent that significant savings for the county, towns, taxpayers and businesses in the Orange <br /> County area will be realized with the proposed quarry expansion. <br /> 3.1.2 Project Area <br /> The project area includes the current American Stone Quarry site, the Nello Teer site, the OWASA <br /> Quarry Reservoir, the proposed expansion area, and the property immediately adjacent to these <br /> areas. <br /> The project is located within Bingham Township of Orange County but is also immediately <br /> adjacent to Chapel Hill Township. Because of Bingham Township's proximity to the Chapel Hill- <br /> Carrboro urban area, it has experienced the greatest percentage increase in population and <br /> development of all of Orange County's townships in recent years. Table 3.2 shows U.S. Census <br /> figures and projected populations of Bingham and Chapel Hill Townships for the years of 1970 <br /> through 2000. <br /> 3-2 <br /> • <br />