Quote:
Originally Posted by heep223
I believe the city has already come out and said that there could be something worked out to vend the land in for free or something? Just no public dollars directly. So it is reasonable
|
It is not reasonable to transfer significant value in "free" land without getting serious equity in the project.
Would you give me your house if I promised to really fix it up, subdivide it and then run a successful business out of it and sell the new lots?