1. Williamstown Lake Expansion This Presentation Exclusively Prepared for:
The Honorable Thomas M. Reynolds
26th Congressional District of New York
"Silver Helmet" award for his work on behalf of Veterans.
“Hero of the Taxpayer”
4. Goal:
Quadruple the size of the current
332 acre lake to 1,350 surface acres
by building a dam four miles downstream from the present dam providing 10,000,000 g.p.d of fresh, clean drinking water.
City of Williamstown * Grant County Fiscal Court
Pendleton County Fiscal Court
5. Economic Impact Estimates indicate that an Investment of $30,000,000 on this project would be returned in 19 years.
Results from New Revenue:
Increased Income (new jobs 1,797)
Growth in Property Assessment (farms-residential-business)
Increase in Retail Sales.
Project area is 60 minutes from 2.5 million people
6,036,700 people live within 100 miles of Williamstown Lake
Enhanced Economy ($8,276,100.00 per year)
6. Williamstown Lake Expansion Provide for a proliferation of tourism and real estate opportunities
Benefits:
Increased Tourism Dollars ($7,220,700.00 per year)
Fishing and boating is a billion-dollar industry in Kentucky - anglers alone spent $545 million in the state in 2001, according to a U.S. Fish & Wildlife survey - and a foundation of our attraction to tourists.
Alternative Water Supply for Northern & Central Kentucky
Creation of 1,130 shore-line lots (Increased Property Assessment) (a minimum of 787 new homes)
Additional Venue to Northern Kentucky as a Destination
Cost Estimate
$30,000,000.00 (full return on investment)
8. Local Endorsements #1 Project for Congressman Geoff Davis
Jessica Towhey, Davis's communications director, stated the top item on the congressman's wish list is: Completion of the Williamstown Lake expansion project in Grant and Pendleton Counties; The Challenger 12/25/05
Northern Kentucky Chamber of Commerce
The dam and lake expansion is a top priority according to the Northern Kentucky Chamber of Commerce, and discussed during its annual trip to Washington. (02/07/06).
"We made a decision on what we feel will have the biggest impact on commerce in northern Kentucky," Rhonda Whitaker – 2006 Chair of Washington Fly-In (10/19/05 Grant County News)
KY Post - “This project is sorely needed if the Outer Bluegrass area is to become a vibrant economic community” (11/03/2005)
Boone, Campbell, Gallatin, Harrison, Kenton, Owen,
Grant and Scott Counties.
9. No Opposition .
"The expansion is a win-win for everyone involved."
Project Development Quest Engineering
George Woolwine, P.E. Vice President
gwoolwine@questeng.com
A bigger, better Williamstown Lake 10-17-2005
http://news.kypost.com/apps/pbcs.dll/article?AID=/20051017/NEWS02/510170367/1014
Thinking big in Williamstown 11-03-2005
http://news.kypost.com/apps/pbcs.dll/article?AID=/20051103/NEWS02/511030368/1014
Chamber carries wish list to D.C. 2-7-2006
http://news.cincypost.com/apps/pbcs.dll/article?AID=/20060207/NEWS02/602070367/-1/all
Lake Project tops $30 million 2-13-06
http://www.grantky.com/articles/2005/10/19/news/news01.txt
10. Economic Data Provided by:
11. For more information: Judge Executive Darrell Link 859.823.7561 Office
Grant Co Court House 859.428.4567 fax
101 North Main Street Judgeexec@grantco.org
Williamstown KY 41097 www.GrantCounty.Ky.Gov
12. These Ladies from Clarence, New York say: THANK YOU Congressman Reynolds!!!