Quote:
Originally Posted by GioforPM
Except then they'd own the asset (the land), so it's a wash. In this case, they save money, but they don't own any land.
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I would assume that any savings would benefit the ownership group. They'd take the land and by their own admission/wants/needs, would not pay any property taxes. At the same time the land that is offered up to the Flames could be sold to to a developer who would pay those taxes. City loses on this.