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the feasibility study

Who, what, and do we need to be concerned?

 

Who: It's important to understand who are the official sponsors of the Ogden Valley Proposed Incorporation.
 

All members reside in the Valley and have united for a common goal. It's essential to note that they were not appointed by any existing officials but are volunteer community members who are enthusiastic about the incorporation of our community. 
 

  1. **Mark Ferrin (Chair)** - Retired lawyer

  2. **Nick Dahlkamp** - Project manager

  3. **Shanna Francis** - Co-Owner of Ogden Valley News, politician, lost campaign to Gage Froerer for County Commission.

  4. **Brandi Hammon** - Ogden Valley business owner, real estate broker, land developer

  5. **Richard Webb** - Retired banker

  6. **Jeannie Wendell** - Co-Owner of Ogden Valley News


While Mr. Ferrin has the title of Chair, it is very clear that Shanna Francis and Brandi Hammon are the lead in this movement. 

Other individuals strongly supporting and encouraging this cause include long-time members of the GEM committee, who now identify as Ogden Valley Advocate Community (OVAC). OVAC utilizes their email list to promote and disseminate information about the proposed incorporation along with the Ogden Valley News. This is why we need your donations to help get the message out to every household. 

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What is a feasibility study?

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In the context of incorporating a city, the feasibility study focuses on the practicality and viability of establishing and managing a municipal entity. It resembles a home appraisal, sharing a subjective nature with the assessment conducted by the entity producing the study.

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Here are key components typically addressed in a feasibility study for incorporating a city:

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1. **Market Analysis:**

  • Evaluate the demographics, population size, and growth trends in the proposed city area.

  • Analyze the economic conditions and potential for sustainable development.

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2. **Legal and Regulatory Considerations:**

  • Investigate the legal requirements and regulations for incorporating a city.

  • Examine zoning laws, land use regulations, and other legal constraints.

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3. **Financial Feasibility:**

  • Assess the financial resources required for establishing and maintaining the city.

  • Project the potential revenue streams, such as taxes and fees.

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4. **Infrastructure and Services:**

  • Evaluate the existing infrastructure and determine the need for additional facilities.

  • Assess the capability to provide essential services like water, sanitation, education, and healthcare.

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5. **Operational Feasibility:**

  • Examine the practicality of day-to-day operations, including staffing, governance, and public services.

  • Identify potential challenges and risks associated with running the city.

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6. **Environmental Impact:**

  • Evaluate the environmental implications of city development.

  • Consider measures for sustainable and eco-friendly practices.

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7. **Community Engagement:**

  • Assess the level of support from the local community.

  • Consider the social and cultural impact on residents.

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8. **Risk Analysis:**

  • Identify potential risks and uncertainties that may affect the success of the project.

  • Develop mitigation strategies for identified risks.

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Key points to consider -

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One of the most interesting aspects of this study is it assumes for the next five years we will have no increase in taxes yet it predicts growth at 10%. How does a community grow by 10% without additional costs? Has that ever happened in your lifetime?

In every scenario, they either account for no roads building and no city hall or they account for one or both at one million plus in projected costs yet no increase in property taxes for five years? Should they lower the taxes if we aren't bonding for a million plus in expenditures or increasing if we do bond? 

Please study the feasibility report. You can find it on the bottom of the home page.

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