INNOVATE INDIANA

Exhibit B-4
Project Impact
Annual sales or other nontax
revenue generated ($) 20000
Description of annual sales
or other non-tax revenue
generated
ADDITIONAL SUPPORT | SECTION 19
According to the same study, the low end of economic activity generated along a trail is
$2 per person. The Monon Trail has 20,000 users per mile. If we count only half of that
usage with the low end of economic activity per person, it equals $20,000. Once the last
mile is completed the trail length is longer than the Monon and the economic activity
could be much higher.
We used the very conservative estimate of per-person expenditures, based on soft
sales including food and drinks.
Along the trail there are opportunities for shopping and dining that cost far more than $2
per person.
EXECUTIVE SUMMARY THE REGION ENGAGED CURRENT TRENDS
Jobs created (if applicable)
Description of jobs created
(if applicable)
9
Using formula from same study, an estimated 9 people will be needed to complete this
section. Total cost $900,000 x 40% cost of labor = $360,000/ave construction wage in
Elkhart/Goshen MSA of $42,440 = 8.5 people.
Local municipal workers will then be in charge of maintenance. No additional workers
are anticipated for maintenance.
STATE OF THE REGION
& QUALITY OF PLACE
VISION & STRATEGY PROJECTS
STAKEHOLDERS, EXECUTION
& STRUCTURAL CHANGES
BENCHMARKING
& MEASUREMENT
32_EC_Riverwalk Mapleheart Connection
REGIONALCITIESOFNORTHERNINDIANA.ORG |
306
ADDITIONAL SUPPORT