The projected Cave Creek Walmart 24-Hour Supercenter traffic would add one million vehicles per year.
According to Security and Exchange Commission figures, to bring in the projected revenue, the 128,000 sq. ft. Cave Creek Walmart would need to generate twice as much in gross sales than every other Walmart in the U.S. The average Walmart is 186,000 sq ft., 45% larger than the proposed Cave Creek Walmart Supercenter.
P.R.I.Z.E. does not advocate for a property tax. Taking into account Walmart’s filings with the SEC, a property tax of $56/month per household would negate the need for a Walmart. Any property tax requires a vote by the residents–it cannot be imposed.
According to the Cave Creek White Paper–the new economic model for the Town–the new sewer plant won’t be operational for two years (2011). Walmart cannot open for business until the sewer plant is operational. Claims that the November vote is costing the Town sales tax revenue are obviously fraudulent.
P.R.I.Z.E.’s objection to Walmart is that they are refusing to locate in the appropriately designated corridor. Walmart chose to purchase residentially-zoned land with the intent of obtaining an up-zoning from the Cave Creek Town Council. Walmart claims they do not build on leased land, which the 240 acres is, yet Walmart has, in fact, built on leased property in Arizona, Connecticut, California, Illinois, Missouri, New Hampshire, and Pennsylvania as well as other states. Walmart has signed a 12-year lease at 838 W. Elliot Road in Gilbert.
Once Walmart was approved by the Cave Creek Town Council, the Town lost legal authority to require Walmart to pay for water, sewer, and road infrastructure improvements that only the Cave Creek Walmart will require. If the November 3rd referendum fails and Walmart does not willingly pay for these infrastructure costs, they will become a multi-million dollar expense that citizens will have to pay for.
There are at least 20 million square feet of empty Walmarts across the country.
According to Security and Exchange Commission figures, to bring in the projected revenue, the 128,000 sq. ft. Cave Creek Walmart would need to generate twice as much in gross sales than every other Walmart in the U.S. The average Walmart is 186,000 sq ft., 45% larger than the proposed Cave Creek Walmart Supercenter.
P.R.I.Z.E. does not advocate for a property tax. Taking into account Walmart’s filings with the SEC, a property tax of $56/month per household would negate the need for a Walmart. Any property tax requires a vote by the residents–it cannot be imposed.
According to the Cave Creek White Paper–the new economic model for the Town–the new sewer plant won’t be operational for two years (2011). Walmart cannot open for business until the sewer plant is operational. Claims that the November vote is costing the Town sales tax revenue are obviously fraudulent.
P.R.I.Z.E.’s objection to Walmart is that they are refusing to locate in the appropriately designated corridor. Walmart chose to purchase residentially-zoned land with the intent of obtaining an up-zoning from the Cave Creek Town Council. Walmart claims they do not build on leased land, which the 240 acres is, yet Walmart has, in fact, built on leased property in Arizona, Connecticut, California, Illinois, Missouri, New Hampshire, and Pennsylvania as well as other states. Walmart has signed a 12-year lease at 838 W. Elliot Road in Gilbert.
Once Walmart was approved by the Cave Creek Town Council, the Town lost legal authority to require Walmart to pay for water, sewer, and road infrastructure improvements that only the Cave Creek Walmart will require. If the November 3rd referendum fails and Walmart does not willingly pay for these infrastructure costs, they will become a multi-million dollar expense that citizens will have to pay for.
There are at least 20 million square feet of empty Walmarts across the country.
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