Quote:
Originally Posted by powderjunkie
I'm not sure Carra is the guy I'd trot out for assurances that everything related to a land deal will be absolutely above board.
I'm also not sure how you determine a fair (or apparently full?) market value for fairly unique parcels by restricting your market to one bidder. Nor how you maximize the overall outcome of those parcels by restricting yourself to one bidder who seems to have little to no experience in blank slate urban development.
IMO you can justify a pretty wide range for 'fair' market value. Considering the sale of public land should be a lot more nuanced and considered, as there is always also an option to not sell and utilize it for something else, should the free market indicate underwhelming external value.
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I had an option to purchase land next to mine (from the province coincidentally) - basically we used a recognized appraiser.