Date: Tue, 6 Dec 2011 15:48:33 -0500
From: Gene Galin
Subject: Walmart Coming To Chatham County on 15-501 near Orange County line
Chapel Hill Town Manager Roger Stancil says that “plans for a new Walmart had been filed with Chatham County, right over the line, which I think would make it very convenient for people to leave Chapel Hill, shop in Chatham County and then come back and live here.”
Orange County economic development director Steve Brantley says the average Walmart generates about $70 million in retail sales.
“The significant property tax and retail sales tax from that Walmart will be supported, probably in large part, by Orange County shoppers,” Brantley says.
The Walmart currently in Hillsborough pays $200,000 in county property taxes each year, and produces about 10 percent of Orange County’s annual sales tax revenue.
Read the entire story at http://www.chapelboro.com/Walmart-Coming-To-Chatham-County/11663162
Chatham Online BBS discussion at http://chatham-county-nc.com/bulletinboard/index.php/topic,24679.0.html