Quote:
Originally Posted by Zarley
The plot has negative value. No private investor in their right mind will consider touching the West Village lands due to the assumption of liability.
The fact that there isn't a larger scandal around the City paying $37 million (which is near market for an uncontaminated site) for the GSL lands last year amazes me. The purchase was approved in an in camera council session without having any idea regarding the extent of the potential environmental liability being assumed.
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Its worthless eh?
So why would the Flames want it?