Orange County NC Website
34 Draft <br /> 1 everything's been appreciating in our market for quite a while, and it doesn't seem to be <br /> 2 slowing a whole lot. But it has some since interest rates have gone up. <br /> 3 <br /> 4 Leon Meyers: Thank you. <br /> 5 <br /> 6 Kyle Myers: So, could I ask a question? <br /> 7 <br /> 8 Leon Meyers: Please. <br /> 9 <br /> 10 Kyle Myers: Could you just clarify that your evaluation is based on the application seeking approval of a <br /> 11 care facility use, but it wasn't based on the proposed future building. <br /> 12 <br /> 13 Leon Meyers: That's correct. <br /> 14 <br /> 15 Kyle Myers: Okay, thank you. <br /> 16 <br /> 17 Kevin Hornik: And I suppose first if there are any other questions for Mr. McPhaul? <br /> 18 <br /> 19 Beth Bronson: Yes. <br /> 20 <br /> 21 Beth Bronson: I wanted to ask if there was, you said it says that the use will maintain or enhance the value <br /> 22 of a continuous property. Can you explain a little bit more or clarify where you explained that <br /> 23 or where you, you're saying that that would occur? <br /> 24 <br /> 25 John McPhaul: I guess what I was just saying was that it would be hard to prove that there was a diminution <br /> 26 in value that was caused by this as since everything's continuing to appreciate and the <br /> 27 demand is still higher than the supply. <br /> 28 <br /> 29 Beth Bronson: And so, if a commercial property were to come about on Dairyland. I'm having a hard, I'm not <br /> 30 phrasing my question correctly either. I guess it's just regardless of the nature of the <br /> 31 organization, I guess the existence of a commercial pro, a commercial parcel in a, I in a <br /> 32 residential, I go to residential neighborhood with, with a gravel driveway. <br /> 33 <br /> 34 John McPhaul: There are a number of home occupations and other things that I don't know I don't know where <br /> 35 I'm not an expert on what makes the facility commercial versus medical or whatever, but 1 <br /> 36 mean, there's, there's, I know, a psychiatrist on 54,the Fox Den or something out there where <br /> 37 they right next to the New American Legion area out there. And all those values have <br /> 38 continued to rise too. So. <br /> 39 <br /> 40 Beth Bronson: Yeah, this area is pretty immune. So are, is the context of your question related to the site <br /> 41 plan and the proposed future building site of 56,000 square feet? Is that what you're asking <br /> 42 as it relates to that would be, yes. Part of the relevance of my question is that in this <br /> 43 agricultural, residential, rural buffer area, there is there is not a residence on this bona fide <br /> 44 farm. It's, it's behaving as a farm right now. In this special-use application, it would be then <br /> 45 a licensed facility. Now, if that facility versus the bona fide farm would impact home values <br /> 46 adjacent home values. I think it's, it's one thing to say that your property is adjacent to a bona <br /> 47 fide farm, and it is another thing to say that your property is adjacent to an intensive outpatient <br /> 48 facility. Well, and again, I'm not saying that the nature of the business matters to the point, 1 <br /> 49 just want to know more about how commercial, the existence of a commercial property next <br /> 50 to adjoining residence, agricultural, residential area might affect it. <br /> 34 <br />