Thursday, February 14, 2013
February 13, 2013
Caldwell Chamber Launches “Due Diligence 2013”
To Evaluate Canyon County Fair Relocation Proposal
CALDWELL---The Caldwell Chamber of Commerce will launch shortly an in-depth evaluation of the impacts of a proposal to move the Canyon County Fair from its present location in Caldwell to a new site adjacent to the Ada County line, Chamber officials announced yesterday.
“Due Diligence 2013”, as the project is known, is a formal effort by the Chamber to examine and evaluate the overall rational behind the relocation plans. The results of “Due Diligence 2013” will provide the Chamber and community at large with meaningful, factual, verifiable data to guide the Chamber in its future public position on the project, explained Julie Taylor, Caldwell Chamber Chair.
“Due Diligence 2013” will study a variety of elements of the proposal including:
· To what degree the move might impact the Caldwell business community, economy and individual citizens;
· Whether the proposal meets the litmus test of a generally acceptable business plan that will ensure self-sustaining profitability or will eventually require a subsidy,
· If taxpayer subsidies are required, would it impact the chances of passage of other tax funded projects such as a new jail, school district improvements, infrastructure improvement, etc.
· Whether the plan might ignite a new round of land speculation and unwarranted commercial development in what is now agricultural lands; and
· Whether or not moving the fair from its current location will negatively impact the traditional “Canyon County” nature and social heritage of the fair.
“We believe that the ‘Due Diligence 2013’ process will provide valuable information to our membership and the community at large because it will help provide answers to some of the important questions that are being asked about a proposal that could impact our City,” Taylor explained.
Chamber members with expertise in the various specific areas of concern will be used to help develop a factual and unbiased evaluation for consideration by the Chamber membership, Chamber officials said.
No time frame for completion of the project has been set. However, it is expected that the process will last through the coming summer with information and findings being released to the public as it is made available to Chamber membership, according to Taylor.
A letter outlining the project has also been sent to the Fair Board asking for its cooperation in the effort.
Caldwell Chamber of Commerce
Posted by Paul Alldredge at 2:04 PM