FXM and NOTOS Group Economic Data De-bunked
The "data" accepted and repeated by the Wareham Selectmen, Finance Committee and Planning Board was built on a house of cards. VOTE NO on April 10 Noon, Spillane Field You must be present to vote! REPORT ON WAREHAM RE-ZONING PLAN BY NOTOS GROUP Frederic B. Jennings, Jr., Ph.D. 30 March 2021 Executive Summary of Findings and Opinions EconoLogistics was retained in March 2021 to examine and evaluate the NOTOS Group’s re-zoning proposal of ecologically sensitive land in northeastern Wareham, MA from R-130 to a Hospitality, Recreational and Entertainment Overlay District (HREOD). This proposed business development project is based on a claim that current zoning and COVID-19 will unduly burden Wareham municipal budgets on a perpetual long-term basis. A set of studies by FXM Associates has raised concerns for Wareham’s fiscal resilience, supporting this re-zoning plan as a business solution. The present report examines this argument and the economic analyses on which it r
