Orange County Approved BOA Minutes 21 01 11

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Approved 8/9/2021 1 Ms. Ferguson said she was not only present this evening to offer expert testimony but as a neighboring property owner 2 and had lived in the area most of her life. She indicated it was her personal opinion this would be a great addition to the 3 community. 4 5 Ms. Ferguson reminded the Board they were presented with a fiscal impact assessment this evening. Within that 6 document, there were seven neighborhoods analyzed denoting residential dwellings near various parks with existing 7 athletic fields and other similar infrastructure. Property values near these parks did not decrease and, in fact, increased 8 in certain circumstances. Ms. Ferguson reminded the Board these parks had far more extensive amenities, including 9 outdoor athletic field lights, where this project would not. Ms. Ferguson indicated the assessment, and professional 10 opinion, is that the proposed recreational facility will not have an adverse impact on local property values. 11 12 Ms. Ferguson informed the Board an adjacent parcel, owned by Mr. Robert Maitland (property is north of the subject 13 parcel across Old Greensboro Road) has increased in value since the development of the cricket fields in 2015. Ms. 14 Ferguson informed the Board there is an existing self-storage commercial land use approximately 800 ft. west of Holly 15 Creek Road, which has been there for over 40 years, that also has not had an impact on adjacent property values she 16 has been able to detect. There are several diverse land uses, including: 17 • Farms with event venues, 18 • Single-family residences, 19 • Commercial operations, 20 • Horse facilities, 21 in the area near the Patil property and it was her professional opinion there will be no impact to property values as the 22 result of the proposed recreational facility. Ms. Ferguson said the area is diverse it is development and residential 23 make-up. She believed the proposed cricket field be a welcome addition to the neighborhood. Ms. Ferguson 24 concluded by offering additional examples of parcels sold on Holly Creek Lane, after 2015, that did not see a reduction 25 in value due to the development of cricket fields. 26 27 Chair Meyers asked if there were any questions for Ms. Ferguson. 28 29 Mrs. Weidner raised his hand. Chair Meyers asked her to come forward. 30 31 Mrs. Weider identified herself as being a realtor, and that she had known Ms. Ferguson for years, and asked if she lived 32 1,000 ft. from the proposed recreational facility. Ms. Ferguson said her property is within 1,000 ft. but her residence is 33 farther. 34 35 Mr. Nordwall raised his hand. Chair Meyers asked him to come forward. 36 37 Mr. Nordwall asked Ms. Ferguson about the parks she analyzed expressing concern that surrounding residents to 38 several of these parks did not have to drive through the park property to get to their residences. Mr. Nordwall asked 39 how this were comparable to Holly Creek Lane where local residents had to drive past the proposed recreational facility 40 all the time to get to their residences. Mr. Nordwall made the statement that houses will typically see an increase in 41 value due to the nature of the real estate market and that the analysis provided had no real bearing on the question if 42 the proposed recreation facility will have a negative impact on residences off Holly Creek Lane. 43 44 Ms. Ferguson said Mr. Nordwall was right that residents did not necessarily have to drive through the parks she 45 analyzed to get to their houses, but the important issue was that there was a park with recreational amenities near the 46 analyzed residences and there was not a reduction in property value. In most instances, residences were much closer 47 to the park than those residences off Holly Creek Lane. Ms. Ferguson agreed with Mr. Nordwall that it is the nature of 48 real estate for property to appreciate in value but that the issue for the Board to address was will this land use cause 49 adjacent parcels to depreciate in value. Ms. Ferguson said the facts she has presented on local property sales since 15