Agenda - 07-08-1982 - Laserfiche WebLink

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Fir Miriam Murdock - Resident of Bingham Township. Murdock stressed the ina- ppeopriatenes of this location for an airport. She added the residents sympathized with residents near Horace William but noted that the Bingham residents proceeded the airport and the difference between 50 based aircraft and 276 hangared plus tirjown craft. Murdock referenced the designation of the areas for agricultural and rural residential uses and questioned the impact on property values. Murdock sited inadequate highway services, demands on the local tax burden, land coasaned by a north/south highway, the lack of service provided to Hillsborough and northern Orange County, that only 10% of RDU pilots served would move to a site near 1-85, the potential for project failure and the advantages of sites on 1-85/US 70, particularly the site recently advertised for sale. Wallace Kaufman - real estate appraiser. Kaufman indicated he was not an immediate property owner but an appraisor addressing the question of air- ports and land values. Kaufman described his credentials and experience in making a statement an this matter of impact on property values. He responded to three seperate issues: 1) How do surrounding property uses react to any airport expansion? Citing local examples at Research Triange Park and the expansion of RDU, Objections to intensive or expanded use of Horace Williams Airport and the halt on military runs in parts of Chatham County he noted that vlaues will drop as taste and attitude affect real estate value and investment . 2 ) Wet creats value in land near the airport? Kaufman noted the desireability for residential development in rural, quiet sparsely developed are raises values and protects and enhances values. 3) What determines the value of one home vs. another home near an airport? The airport loenrs values of hones already there and remains undistuxbdd by residential uses. Kaufman addressed the concept of compensation by either zoning all the areas industrial and thereby raising all property values or changing one piece of land for industry and thereby devaluing land for residential use. He noted that approval would clearly affect land value and the highest *Lie was residential use incompatible with raising the value of the airport land. Speculation of the air port land wculd raise its value while lowering the value of )tvenespeCulation of surrounding land. He stressed that this view was documented by common sense and literature. He added that the County needs an airport but that other areas are more suitable and land would not be devalued at: these areas where there has been an unanswerd demand for development. Bland Simpson - Resident of Bingham Township. Simpson urged 4gni4t of request and submitted a letter from Dr. and Mrs. Shoepler for the recorqr, Simpson cited Section 8.8.2 of the zoning ordinance as containing the discretionary power of the Board to weigh and assess evidence for com- pliance or lack theieç og.with the Zoning ordinance and due process. He ade4 Section 8.2.2b) must — surrounding area due to nature of use ie. air- planes. He noted for Mr. Shoepler that several buyers had withdrawn offers for his land due to the airport proposal, ihereby causing economic and psychological effects. Simpson noted Hazzard's statement at the last public hearing that the land is worthless for anything but planes, responding that the Orange County Soil Survey tops 601-65) references soils of this type as having high pdtial for corn, soybeans, and timber among other. Simpson cited the Nation l Ilgricultural Lands Stadyl211121121 Farmland: A :-fernce (] de Book for State and Local Government ppps. 34- 35 with regard to the ' 10- 11 syndrome NtortO leads to a reduction in on going investment in land improvements and farm structures and in- - fhP end of agriculture."