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Abstract
This study describes the transformation of 1,275 acres of Pennsylvania farmland into a 1,600-lot second homesite subdivision with a 270-acre lake. The study estimates that the first $7 million of development activities at Lake Latonka could generate $14 million of business activity before 1970, with less than 40 percent of the total accruing to local businessmen. Financing of development activities is expected to have a significant impact on the local area. Variable use and special use expenditures of homesite buyers and their guests generated $2.6 to $6.7 million of economic activity during 1965-70, with half of this total accruing to local businessmen. After 1970, however, use expenditures are expected to generate $0.5 to $1 million annually. Maintenance expenditures, initially small, will produce $0.3 to $0.6 million of gross business activity annually by 1975. The report also discusses the new community's impact on real estate taxes and demand for public services from adjoining communities.