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development scenarios generated a positive annual net fiscal impact. <br />However, discussion followed about the necessity of including some <br />additional costs, such as new schools. <br />After reviewing the figures on the fiscal impacts of residential <br />development, it was determined that some of the larger potential <br />impacts, such as new schools, had not been included. With those items <br />included, the projected fiscal impacts would be more in line with what <br />Orange County has actually experienced, that new residential <br />development does not pay for itself.. Thi - -s material will be reassessed <br />and presented in the final report. <br />The non - residential fiscal impact assessment indicated that both <br />the Conventional and Neo- Traditional scenarios produced an annual <br />positive net impact for County Government. However, Neo - Traditional <br />produces a significantly larger net revenue per square foot. <br />There was a brief review of the advantages and disadvantages of <br />each design scenario. <br />Commissioner Halkiotis thanked the students and Dr. Godschalk for <br />their work on this project. <br />Mr. Dave Yelton mentioned that the Martin Marietta property is <br />being timbered within the next several weeks. Members of the immediate <br />neighborhood are in negotiation with the owners in an attempt to <br />purchase an adequate buffer. He requested information from anyone who <br />had experience with issues such as these. <br />There being no further business this meeting was adjourned. The <br />next meeting will be held on Thursday, May 18, 1995 at 7:30 p.m. The <br />location of this meeting will be determined and members notified in the <br />next agenda packet. <br />Respectfully submitted, <br />Kathy Baker, Deputy Clerk <br />