Orange County NC Website
. '• <br /> • <br /> • <br /> • <br /> DON'T O V ERLOO :t• ;,• <br /> BENEFITS W HEN FIGURING ti•• <br /> • <br /> fCOSTS OF •:�t:, <br /> revenues that fx•rtefit the existing <br /> NEW CON community, the reps[[[ finds. <br /> "1-he study, named for project di- :' <br /> STRUCTION <br /> i;,,�' ',•• � _ rector Dr. !)avid Listokin, showed <br /> that for a four-bedroom house, the ' <br /> What does <br /> projected city operating cost is ,! • <br /> 1 CS it new house mean I(, 334 1 <br /> ;t year. •Ibtal debt amortva- <br /> ''t ;;. ''�;;,,:'t•;::'.•,'�' a community? It means honlcotl'n- lion for the in(i:istructure to serve•:,,,,.'.,1,4,. ::j:::,.;:;)..;:,.:,.....:.,.,..:,..,...: ers who will spend money in local this house (including a new city 'a r,�,,• <br /> '�,•:.:- '';�' 'f•';',` shops (and more retail sales taxes hall <br /> yy ,ti.. <br /> ; for government to police department and all ?;, <br /> : ill ::4 g o collect), acldi- streets) will be $294, 7 <br /> y tax ,.,• <br /> ,' ��, tional proper[ taxes and job the c Total cost n, <br /> 'y ;f` : :. ,;';`' • j i lion. acrca- th city on an annual basis, then ; `; <br /> is $1128. At existing tax races, the ;:;<?r.;• <br /> � ., ,:-.1 :', annual r eve nee ft '" <br /> ,.,.f';'••t ys,j ,t { �'i tip• I alive with evidence is orTl this house •Y• r <br /> it•.,., , �. , i e idence of growth— the city wit! 181—producing to t. I`r:' <br /> 0,e'r 1.:t' :6;:1',:;';.,','::'..;i : A dr t new streets, a new city Iii II, n r, Y i s , to thcit . <br /> (; • ;'; : ':; fire stations, new schools, new a $a3 ;ulna;[) surplus to the city. (t,;i <br /> %:'; r t,'• •„f•:-.•I :;.d ti; C 1'o1• eV 1 '•''`"'•;`�'':''.i:' :••::;.;; ;f '• 1••:-' stores and, every 1000 square feet of ' <br /> •;; t _� t yes, traffic. retail space in a medium-size :`' <br /> ' : .i i ' • Development does T-size ,0 t•�i:f;;..'i.'.• r' ii:;., ,„.„ .f.' ,i: . .ezu develop- quire csuppottiny;cscrv_ ping center of 5U,QU0 to 100,0 0 �: <br /> "`'•: '' ' ices. feet, the city will realize ;► <br /> L ug-iinrctcsiderttsolr, $328. 'Thus, a 70,000- '•' <br /> ' '-:.:r.`: . • square-foot neighborhood shop- --. <br /> ':: .,,:�.:. ?�aents mitagate traffic community might see ping <br /> ' only overcrowding i area will produce a $22,960 ,.r <br /> yy and annual benefit to the city. <br /> , '' '. • . higher taxes. But ;( new <br /> ; Each 1000 square feet of r•e- <br /> tie-ups. And growth studylranafyriny; I lu• costs gional office space produces an an- <br /> .enelitc of ( toa1'th• Waal bench[ of $153. Even a Sillill <br /> dciiv1i5 50111e Sttt prising of lice of 8000 square feet gives the <br /> • . • returns cash to a conclusions, . . city tt benefit of n <br /> $1229 r <br /> ` on an an- <br /> A Rutgers U(iivctsity mural basis, the study finds. <br /> • <br /> study of the Chicago sub- The study also shows a develop <br /> � <br /> city S coffees orb of Naperville, shows <br /> [Went of 1001) housing units and a <br /> that growth more than 70,000-scluatc'-fi>rll shopping area <br /> pays !in its[ lf, hr tart; it will I>rochu'< a profit to the thy, <br /> even produc'cs sin plus evert with new infrastructure. <br /> '•. '... Do Communities Allow <br /> How They llo It ,•Inlovative Land Development Techniques? Du I <br /> • <br /> • <br /> ..J ;:K:4 <br /> • <br /> '; �;S3.L't/'�`rit i�'i°Fi�iil:L,`•qu�ift <br /> R? J t:. <br /> • <br /> :1:.';' :ra w,:?��1:.•al41Y.' ':;.,'I:�;:r;, <br /> • <br /> ,t,...- `r4„tom-}..IIt.G 114 .tYt:3:it''d"•, ,, i • I�' • <br /> • <br /> 1; :j ;t tti r ot40�:°t;:i'ii:i.(r. - . ; f — <br /> l.: r: "'rifby�,��( i Sit' ` r> ! j J' <br /> Y;wi,M f:l"(f`ai't:f��.y'r`i: <br /> ..s J .twit Y'.F'`'•�E t�:v.'t:,�,(.�� ;' ' <br /> • <br /> • <br /> ! ti 's iC Ye f• • <br /> 4 t,. L�,1!;•;t„r'iir.4l::' s 609'0 3U <br /> I'tltt Zera-tot <br /> • <br /> ntatter <br /> Source;National Association of/tome Clusters <br /> lorue l3nilrlers serve•of file lots <br /> California builders. <br /> ) f 1300 Safer,r: A"n/i ti/,j .1 rsor iafinJr nj/Thrill, Builders survey of 1300 • <br /> C:ulifbruirt huilders. <br /> • <br /> • <br /> 190/PROFESSIONAL BUILDER OCT 1088 <br /> MIIMMIIIKIElar <br />