The upfront cost might have to be bonded or paid for by some form of debt until full development takes place and the investment is returned to the commission.
Chris Weiser
It's a tough subject, and I don't know that I know the answer.
answer
That process has served the city well through the years even if it is not exactly equitable to the first developer in an area. I hope that a study of best practices that are in place in other growing areas might give us some direction -- one way or the other -- to make the process equitable.
city direction growing process study place hope give
development place debt form investment
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