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NRC Equity Fund 1
<br /> 7.0 ECONOMIC IMPACTS,CULTIVATION,LEASING,ECONOMIC IMPCTS
<br /> If the impacts from both cultivation activities and potential tenant revenue are considered,
<br /> the potential impacts over five years are staggering. Shown separately after these overall
<br /> impacts are the impacts from cultivation and tenant revenue activities, respectively.
<br /> 7.1 Anticipated Economic Impacts
<br /> Overall anticipated impacts from startup, leasing and operations, including tenant
<br /> revenue, from startup and year one operations are:
<br /> • 613 new direct, indirect and induced jobs;
<br /> • $34,899,243 increase in labor income;
<br /> • $65,208,814 contribution to the County's gross domestic product (value-
<br /> added); and,
<br /> • $100,612,435 increase in industry output.
<br /> LABOR
<br /> Direct Effect 404.5 $25,149,625 $46,392,827 $70,349,878
<br /> Indirect Effect 62.3 $3,232,067 $5,894,231 $9,980,328
<br /> Induced Effect 145.9 $6,517,551 $12,921,756 $20,282,228
<br /> Total Effect 612.6 $34,899,243 $65,208,814 $100,612,435
<br /> 7.2 Economic Impacts Over Five-Year Period
<br /> Overall anticipated impacts from startup, leasing and operations, including tenant
<br /> revenue, are:
<br /> • 1,992 new direct, indirect and induced jobs;
<br /> • $102,569,043 increase in labor income;
<br /> • $224,049,354 contribution to the County gross domestic product (value-
<br /> added); and,
<br /> • $306,643,919 increase in industry output.
<br /> �D
<br /> Direct Effect 1,342 $72,376,173 $165,318,887 $212,249,390
<br /> Indirect Effect 222 $11,055,891 $20,798,363 $34,826,760
<br /> Induced Effect 428 $19,136,979 $37,932,108 $59,567,764
<br /> Total Effect 1,992 $102,569,043 $224,049,354 $306,643,919
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