3.1. & 3.2. PCSR 06-23-2009 - Laserfiche WebLink

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Supplemental Data on HKGi report 16 June 2009 Page 3 scenarios. Our assumptions are for development in the project area to be absorbed over a 10 to 25 year period at an annual absorption rate of 4%. This results in approximately 35, 000 to 90, 000 square feet of space per year from approximately 2030 to 2055. We did not address "indirect jobs "for either scenario due to the wide range of assumptions that might inform such an estimate. We recognize that while the landfill is operating there will be positive indirect economic impacts. When the landfill closes, those economic impacts will be greatly reduced. Development in place of the landfill expansion will continue to deliver positive indirect economic impacts well into the future. The landfill operations and gravel mining operations have a finite life. Once the resource is gone or capacity is used, those operations are closed and or reclaimed and indirect jobs related to gravel mining and landfill operations are gone. Projections and assumptions are speculative by their nature. Our projections are based on best available data and our firm's extensive experience in land use planning and community development. Due to the long term nature of this request and potential development, long term projections are necessary to fully understand the magnitude of this decision which will have short term benef is and long term consequences. We have prepared two graphs that best illustrate the potential fiscal impacts of the proposed landfill expansion showing the short term benefits and the longer term lost opportunity that development would bring to the area over time. These graphs represent potential property tax impacts and job growth impacts and are included in the attached slides. The land use fiscal impact and job growth analysis is only one part of what must inform a good decision on this expansion request.