Abstract
Revitalization efforts often require some commitment of tax dollars for the costs of the related-development projects. Elected and appointed officials often need to gauge support for these investments if electoral approval is required. Contingent valuation surveys can be a precise tool to understand support and concern among different groups of residents. This study illustrates a refined methodology and method for looking at the value placed on a new town center and the required public investment. The results illustrate that there is a considerable base of support for the plan and its financing, but officials would also need to implement an identified strategy to insure electoral support from a majority of residents.
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