Agenda - Council - 10/25/1983 - Laserfiche WebLink

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I I I I I I I i i I I I I 3O No title, a study by Terry Piersen, University of North Carolina, 1980. Recei~ved from Waste Management Board, Minnesota. The objective of this study was to evaluate whether well-operated or poorly operated solid waste disposal facilities affected land values and land uses in their immediate vicinity. The author's hypothesis is that well-operated facilities would have a less negative effect on property values in the area than poorly operated facilities. Well- operated solid waste facilities are .defined as those that are operating safely, had made an effort to inform the public of their operations and had formulated plans' for future needs. Poorly.operated facilities are defined as those that were not in compliance with state regulations, opposed by an organized public group and had no established plans for meeting future solid waste needs. In general, the author found that waste disposal facilities do not have a negative effect on land values in the surrounding area. A few of the realtors suggested that'homes on the perimeter of the landfill or access road to the facility may experience a temporary decrease in value until after the site is closed. Other realtors stated that real estate ~arkets in the area near the landfills are not "normal" markets because of poor quality housing or other disamenties, i.e., junk yards. "The Benefits of Regulating Hazardous Waste Disposal: Land Values as an Estimator," by Kenneth Adler et al. of the Public Interest Economics Center, May 1982. This study is of particular interest because it evaluates the hazardous waste dispoal site located in the City of Andover and another in New Jersey. The authors found that property values are depressed in the vicinity of the hazardous waste disposal site in New Jersey. Residences 1.5 to 1.75 miles from the site sell on the average six percent more than those which are within 0.5 mile of the site. Also, houses that are 2.5 to 2.75 miles away from the site sell an average of 22 percent more than those that are within a mile. The authors reach a different conclusion about the Andover site. They found that there was no significant relationship between property values and distance to the hazardous waste disposal site or the land- fill. The authors do note there was no offsite pollution in Andover at the time of the study and may be a reason why no relationship existed between property values and distance to the disposal site. "Attitudes of Nearby Residents Toward Establishing Sanitary Land- fills," by Dean Massey; Economics, Statistics and Cooperatives Service; USDA, 1978. This study attempted to identify in order of priority those attitudes about landfills to provide direction for public officials in obtaining citizen support for locating new landfills. Essentially, the author