Date: Thu, 12 Dec 2013 18:32:04 -0500
From: Chatham Park
Subject: Chatham Park Matters
Chatham Park matters to Pittsboro, Chatham County, the Triangle J Region and the State.
“Pittsboro” matters greatly, too, which is why the Chatham Park will be built in and around Pittsboro over the next 35 years.
There is a potential to create over 12 billion dollars in tax base for Chatham County and Pittsboro, which would be a 25 fold increase to the current tax base in Pittsboro over the next 35 years with taxable revenues approaching 45 to 50 million dollars a year in Pittsboro and nearly twice that for the County at completion. (This assumes that nothing else is built in and around Pittbsoro over the next 35 years, which means that the tax
base will likely see a 30 to 35 fold increase in Pittsboro alone.)
Additionally, the construction of the project will have a local job multiplier effect of at least 2.33 jobs due to the construction jobs, which likely will account for hundreds if not thousands of jobs as well. (Please see the following link: Estimating economic impact<http://www.ccim.com/
Finally, there are jobs immediately on the table today. The initial phase of the project will focus on the North Side of Pittsboro and involve health care and medical facilities. The Town and County need to move forward and cooperate, because there at least 80 permanent jobs on the table at one of these facilities.
Pittsboro should not miss out. Time is of the essence. (This is exclusive of all construction and supply jobs.)
Chatham Park can be a project that creates community pride, strong growth and investment in the downtown, K-12 education, the community college system as well as the local infrastructure all with the benefit of
continuous job growth and prosperity for the community.
G. K. Chesterton: “*Courage* is resistance to *fear*, mastery of *fear*—
not absence of *fear*. *Courage* is not the lack of *fear*. It is acting in
spite of it.”