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Economics_of_Offsite_Disposal_10_12_2022.pdf Richard Hudson and Joyce Vann 393 Riverside Drive Florence, MA 01062 October 12, 2022 Sarah LaValley Northampton Conservation Commission 210 Main Street, Room 11 Northampton, MA 01060 Subject: Response to Notice of Intent Project:\6303\Noho Cutlery\Northampton Dear Sarah LaValley, The application’s complete analysis of the alternative of removing the contaminated material is “Off-site disposal of this volume of impacted soil has been determined to be financially infeasible.” The positives of removing the impacted soil are abundant: ● The riparian zone could be replanted with trees and restored fully. ● The value of not worrying about contamination to my neighbor’s well a few hundred feet north of the project. ● The value to the city of knowing it won’t have run a water line down Riverside Drive. ● The value to wildlife. ● The value of the fence being removed to all the citizens who walk/bike/run down Riverside Drive and so forth. There is nothing in the application to indicate that off-site disposal isn’t the preferred solution except money. So how does one get at these economic issues? Economists agree that the best way is to determine economic value. [ref: Google “economic value”] This is what economists use to evaluate a NEPA EIS. To get at the economic value of off-site disposal an economist will do a simple thought experiment. “What is the value of your home?” “What is the value of your home if hazardous waste was buried next door?” The difference is the economic value. I invite the commissioners to do this thought experiment with their own homes and come up with the value of your home and the value if hazardous material is buried next door. Now multiply that number by 10 or 15, basically the number of abutters. The result is the economic value of off-site disposal of the hazardous waste. When I did the thought experiment the result was over a million dollars. Your number may be different, that’s expected, and there’s nothing wrong with that. The applicant did not include such an economic study so the commissioners are left to do their own thought experiment to reach the value of removing the waste instead or leaving it buried for the 50 to 70 year lifetime of the erosion barriers. [ref: lifetime from Mirafi Fabric tech specs] Each commissioner has his number and now has to decide if that number is a reasonable burden to put on the abutters, on the city knowing they won’t have to run a water line, and the value lost to groups like the Mill River Conservancy and their goal of protecting the Mill River. The important thing is that you have a number that you can use just as the application has as an infeasible cost number. While there are other ways to look at the issues this is how an economist would look at the issue and is an important tool to use when considering alternatives. From an economic value standpoint the prefered alternative is clearly off-site disposal and I encourage the Commision to choose off-site disposal. Richard Hudson and Joyce Vann 393 Riverside Drive Florence MA. 01062 Sincerely, CC: Wayne Feiden, FAICP Director Planning & Sustainability Alex Jarrett, Ward 5 City Councilor Alan Verson, Cutlery Building Associates Joshua Surette, Senior Scientist Epsilon Associates Gary Hartwell, Abutter Gaby Immerman, Mill River Greenway Initiative John Sinton, Mill River Greenway Initiative