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2018-12-12_REVISION - M2018016 (7)
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2018-12-12_REVISION - M2018016 (7)
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Last modified
12/27/2024 7:10:03 AM
Creation date
12/12/2018 2:16:33 PM
Metadata
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Template:
DRMS Permit Index
Permit No
M2018016
IBM Index Class Name
Revision
Doc Date
12/12/2018
Doc Name Note
Impact Economic Assessment
Doc Name
Objection
From
Emily S. Andrews, Ph.D.
To
DRMS
Type & Sequence
AM1
Email Name
PSH
Media Type
D
Archive
No
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' would raise math te <br /> st scores by 0.15 percent, 0.34 percent, or 0.18 percent, while a 10 <br /> percent decrease in outdoor PM2.5 increases reading scores by 0.21 percent.55 <br /> Increases in respiratory ailments from the DMRM would affect the most vulnerable <br /> ' populations in Clear Creek County- children and the elderly. While we cannot say <br /> for certain how much the DMRM might increase respiratory disease in Clear Creek <br /> County, research findings are clear that there is a non-zero risk to health from gravel <br /> ' pit particulates. While we do not know to what extent the DMRM's mitigation plan <br /> to reduce of dust and particulates will be effective, or which communities will suffer, <br /> we can say that any increases in illness or death among children and the elderly are <br /> ' not worth the risk. <br /> The average cost of the treatment for bronchitis in a doctor's office is $75.00 per <br /> ' visit,while the treatment of chronic bronchitis and COPD averages $1,484 to $2,911 <br /> annually.56 In 2000, monthly lung-cancer treatment during the first six months of <br /> care for a 72-year old ranged from $2,687 (no active treatment) to $9,360 (chemo- <br /> ' radiotherapy).57 Given continued escalation in health care costs, expenses for the <br /> care of respiratory illness in 2018 are now higher. <br /> While Clear Creek County could monitor increases in respiratory illness among the <br /> most susceptible members of the population, and even ensure that medical <br /> expenses will be reimbursed for those without adequate insurance, these mitigation <br /> ' measures cannot reverse damage to the health of the population. Furthermore,the <br /> possibility of ensuing lawsuits could be expensive for Clear Creek County and the <br /> ' DMRM. <br /> Real Estate Vulnerability <br /> Empire residents are vulnerable to reductions in real estate prices for their <br /> properties should the DMRM sand-and-gravel operation be approved. Extensive <br /> economic research has shown that properties next to gravel pits and quarries are <br /> less desirable due to noise, traffic congestion, environmental factors and health <br /> ' concerns. We have estimated conservatively that median assessed property values <br /> in Empire would fall by 12.7 percent from $213,199 to $178,910 due to the DMRM. <br /> ' Our analysis uses the results from a study based on a statistical technique known as <br /> the 'hedonic pricing' that compares the values of properties close to a gravel pit to <br /> properties with no gravel pit in the vicinity.58 Studies using this technique have <br /> ' 55 http://www.econweb.umd.edu/—ham/test%20scores0/02Osubmit.pdf <br /> ' 56 https://www.ncbi.nlm.nih.gov/pubmed/12628879 <br /> 57 https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3150743/ <br /> 58 Hedonic pricing adjusts selling prices of properties for normal factors such as number of <br /> rooms,square footage,lot size and other attributes that a home more or less desirable for <br /> prospective buyers. It also can adjust property prices for factors related to location, <br /> 20 <br /> t <br />
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