Orange County NC Website
12 Draft <br /> 1 would this have an impact on the adjoining or nearby property values? And what we found is <br /> 2 we've used matched pairs whereas paired sales, which are home sales right next to existing <br /> 3 similar nearby schools in the area that have been compared to nearby home sales that were <br /> 4 not next to those schools in order to measure for any difference. We have not identified any <br /> 5 impact to the values of those homes that are adjacent to schools in the area, and therefore, <br /> 6 there is no basis for an impact to the adjoining property values for adjoining this school, even <br /> 7 after the proposed changes. Beyond that, we've also looked at the externalities or the <br /> 8 characteristics associated with these changes,which could cause an impact.Those things can, <br /> 9 are roughly in order of impact: hazardous materials, which there does not appear to be any <br /> 10 hazardous materials proposed to be sited on the site. Odor, noise, neither of those are <br /> 11 significant concerns for a school to continue to operate how it has historically operated, with <br /> 12 just a slightly different building structure. Traffic:A traffic impact analysis has been done which <br /> 13 has indicated no concerns for traffic.And the appearance of the site largely remains the same, <br /> 14 with the significant vegetative buffer shown in green on the screen. So, from the theory side, <br /> 15 there is not a basis for an impact. From market participants' actions, there's not a basis for an <br /> 16 impact. And therefore, it's my professional opinion that the proposed use will not negatively <br /> 17 impact adjoining or nearby property values and that the proposed use will be in harmony where <br /> 18 it's proposed to be located.And I'm happy to answer any questions or go into more detail about <br /> 19 our impact study. <br /> 20 <br /> 21 Leon Meyers: Board members, questions for Mr. Kirkland? <br /> 22 <br /> 23 Nathan Robinson: No. <br /> 24 <br /> 25 Leon Meyers: Thank you, sir. <br /> 26 <br /> 27 Nathan Robinson: Your study is comprehensive and does a good job. <br /> 28 <br /> 29 Nick Kirkland: Thank you. <br /> 30 <br /> 31 Nathan Robinson: If I could add one more to the team that's working on the square footages. I don't see on the <br /> 32 purple drawings. You have a building — I don't know how to say it. It's a dense thing. I don't <br /> 33 know how to say that word. I don't see that labeled anywhere on here as well. I don't see a P2 <br /> 34 anywhere. <br /> 35 <br /> 36 Laura Holloman: Let me pull up this. It's down here, if you can see my mouse. I believe that's P2. <br /> 37 <br /> 38 Beth Bronson: Where's your mouse? So, the bottom of the accessory building? <br /> 39 <br /> 40 Nathan Robinson: Oh. Oh, I see. <br /> 41 <br /> 42 Beth Bronson: It's where E5 is. <br /> 43 <br /> 44 Nathan Robinson: So, you're not really adding anything there. <br /> 45 <br /> 46 Spencer Christiansen: No. <br /> 47 <br /> 48 Kyle Myers: It's described in the submitted materials as a renovation. <br /> 49 <br /> 50 Nathan Robinson: Oh okay, I'm sorry. I missed that bit. <br /> 12 <br />