05-14-2015
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05-14-2015
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Updated 05/22/2015 <br /> <br />7 <br />Feasibility Study, published in March 2010. This study assessed the regional economic impacts <br />associated with three aspects of a flood diversion project: <br /> <br />1. Construction costs. <br />2. Benefits associated with avoided flood damage (including avoided losses in business <br />activity, avoided direct losses in regional product/output and losses in indirect/induced <br />regional product/output). <br />3. Avoided loss in business confidence (without a permanent solution, the FM MSA will <br />experience reduced business investment and growth). <br /> <br />In addition, the RED Study conducted a case study to determine the economic losses associated <br />with a hypothetical primary sector company leaving the community. <br /> <br />For the results of the study, GFMEDC has an Appendix that can be shared (156 page report). <br /> <br /> <br />
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