APG BRAC Development Opportunities APG BRAC Development Opportunities May 12, 2011

Why Choose New Castle County? Low tax rates Low tax rates –No sales tax –Ranked #3 lowest combined state/local taxes in the nation Available infrastructure Available infrastructure –Sewer, water, school capacity Quality of life Quality of life –Parks, museums, sports, attractions –Many housing options Schools and hospitals Schools and hospitals Diverse economy Diverse economy

Cost of Living Comparison 100%12.49%29.48%9.94%10.73%4.07%32.93% Price to Delaware LocationCompositeFoodHousingUtilitiesTransportationMedicalMisc. Newark, DE APG, MD Eatontown, NJ Source: ACCRA, 2009 National Average Index of 100

Workforce Distribution Mid-Scenario Workforce Distribution Mid-Scenario

Population Distribution by County Mid-Scenario

BRAC Business Successes I moved to Delaware with BRAC almost a year ago. We did a lot of research and went between Belair and DE. We also chose DE because of the schools. Our school district is great. I am disappointed in the article (News Journal 7/11/2010) that it only mentions Academy Hill. We live in a neighborhood that has 4 BRAC families now and at least 2 more coming. It takes my husband 35 min to get to work. I am happy with our decision to move to DE. SanDee 123 (lives in Appoquinimink School District) “The wave is starting; Benchmark Builders has sold a half dozen homes to BRAC transfers in its Academy Hill development” Steven Bomberger, Benchmark Builders (News Journal 7/11/2010)

BRAC Business Successes “ Hi Karl, It was nice to see you at the Nordstroms Event. What a party! Anyway, just wanted to let you know that we have had many calls, currently we are housing 4 BRAC families and I believe we have taken applications on a couple more.” Sally Prendergast Pettinaro Relocation 4/13/2011

Educational Excellence Educational Excellence University of Delaware is the closest major university to APG CRADA signing in January, 2010 (27 SOWs) –$19.5 million DOD grant 272 acre Chrysler site expansion In-state tuition for BRAC transfers Fort Monmouth programs under development –Systems Engineering Certificate –Undergraduate Scholars Program –Research with RDECOM and ECBC –Master in Software Engineering –Student internships

Getting from Here to There “A viable solution was developed to separate freight and passenger train movements via a new dedicated freight track (Track F) between NS’ Newark Yard and Davis interlocking. The study also identified Davis Wye location for overnight storage of commuter rail train sets to support the Newark terminus for the SEPTA line, the MARC Penn line, or both”.

Economic Development Infrastructure Rail Rail Roads Roads Sewers/Libraries Sewers/Libraries *Newark Train Station- $3M Tiger II * Chesapeake Connector Study - $150K WILMAPCO * Third Track Project – $45M FRA/DELDOT * Bond Sale - $90.8M NCC Sub-Regional Investment Studies - $100K WILMAPCO

Economic Development Financial Incentive Plans PBF – 5-year Property Tax Exemption Fisker - 10-year 50% Property Tax Exemption State CEDS Newark CEDS Rt.9/13 CEDS CE Clark proposing a New Castle County Economic Development Fund

Economic Development Marketing Print Media Print Media Electronic Media Electronic Media Executive Information Packets Executive Information Packets Regional Business Fairs/Trade Shows Regional Business Fairs/Trade Shows BRAC Relocation Guides/Residential Tours BRAC Relocation Guides/Residential Tours

New Castle County BRAC Web Site New Castle County BRAC Web Site

Thank You!