1.
“Strongly Positive Impact”: Both
Consultants (Koff and RKG) agree that Patriot Place will have a “strongly
positive impact” on the Town, generating more than $2 Million
each year for the Town in new taxes.
2.
Annual Cash Flow: Both Consultants also agree that,
after factoring in municipal costs, Patriot Place will provide the Town profits
of between $768,000 and $2,000,000 every year.
3.
Additional Cash Windfall from Fees: Both
Consultants agree, in addition to the regular cash flow from new taxes, Patriot
Place will generate Permit Fees of $2.9 Million for work
estimated to only cost $600,000.
This means a cash windfall of $2.3 Million to the Town from
Patriot Place, in addition to taxes.
4.
Strengthened Police and Fire Departments: Both
Consultants allocate a portion of positive revenue from Patriot Place to hire
new police and fire personnel. Koff
supports the police and fire chiefs’ desire to fund a 25% increase in
police/fire staff.
Such a dramatic increase in town employees would be unprecedented
and overcompensate for estimated impacts. RKG proposes increases per the Town’s need,
based on proven estimated call and response activity.
5.
Opportunity for Tax Savings: As shown by
both Consultants, the annual cash flow from Patriot Place can lessen
the tax burden by providing significant tax relief to the
citizens of Foxboro.
6.
Significant
Benefits: While
acknowledging the “strongly positive impact” of Patriot Place due
to its substantial cash flow, Koff neglects to identify other important
benefits of Patriot Place, which are hard to ignore. For instance, the estimated 1,200 job opportunities,
the prospect for property tax relief, the
positive impact on other local businesses and a
state-of-the-art Patriot Place complex in Foxboro, offering first
class restaurants, theater, hotel, shops and medical center, all convenient
to the Community.
7.
Patriot Place Cash Flow Will Save Town From “Tipping
Point”: Koff asserts that services in town are precariously
understaffed - a “tipping point” where the Town would “no longer function”
without adding staff. Assuming this to
be true, “Chestnut Green” and other developments currently under
construction will have an imminent impact on the Town - hundreds
of new housing units and commercial space that will force the
Town to this “tipping point” long before Patriot Place is completed. The Consultants agree that
Patriot Place will provide the necessary cash flow to the Town to help
address existing staff shortages and other pressing Town needs- this is a
direct benefit of Patriot Place, not a cost.
8.
Extensive Review of Patriot Place Design and
Operations Successfully Concluded: Koff, while not a traffic engineer, raises
confusing and unsupportable questions relating to traffic flow and design. All traffic improvements relating to
traffic volume, off-site roadways, and site driveways have been exhaustively
designed, reviewed and approved by certified engineers (including the Town’s
experts) and professionals at the MassHighway Department. After lengthy and careful review, the
process was concluded and the project was approved by the Foxboro Planning
Board.
9.
Patriot Place Bottom-line:
$2+ Million Each Year In
New Cash Flow +
$2.3 Million Cash Windfall in Fees + Additional Police and Firemen “Strongly Positive Impact”to
Foxboro