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<br />Lake Surface Area: <br /> <br />Shore Line: <br />Water Elevation: <br />Dam Height: <br /> <br />MARTINSVILLE HYDROELECTRIC DEVELOP1\1EN,!-"~ ;~~ ::;',;~(~;.;'j rI ft. ;:.', <br /> <br />ECONO!\fIC IMPACT OF THE LAKE U~:~ \;."'"",..;1,,: ti l.~:~:~ <br /> <br />MAR 231979 <br /> <br />~'1~'ll ilt' .~Il"'~' ~,:'.; '~~~""':.; I.: l!\tt~, ~ <br />.\t~to'. tttltl\,~~~~4~ .~~~.:J <br />OePARTh"F.:..' at' 5ItNA"I~ <br /> <br />2400 acres <br />100 miles <br />63i feet <br />110 feet <br /> <br />Committee Members: <br /> <br />L. D. Oakes <br />J. W. Wagoner <br />Ben H. Bolen <br />Herb Hughes <br />Tom Harris <br /> <br />Martinsville City Council <br />,Henry County Board of Supervisors <br />Commissioner of State Parks <br />Recreaction Director, City of Martinsvil1e <br />Recreation Director. Henry County <br /> <br />Objective: Evaluate the economic impact and benefits of the Martinsville hydroelectric <br /> <br />project on the City of Martinsville. Henry County. and surrounding areas. <br /> <br />General Statements: <br /> <br />. The primary economic benefit to the City of Martinsville will be revenues derived <br /> <br />from the generation of electricity. City citizens will benefit from recreational <br /> <br />facilities provided by the lake. <br /> <br />--..-. <br /> <br />. Henry County will be the major recipient of economic benefits such as: <br /> <br />Increased property taxes from escalating land values. <br /> <br />Expanded residential and commercial growths around lake region <br /> <br />if developed properly. <br />