From July 2014:
Quote:
Originally Posted by Treesplease
I'm quite surprised the city doesn't request assurances of financial capacity to develop this project before they grant a permit to go dig a five storey hole in the ground near a busy intersection.
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I think the key word in the city's proposed bylaw is the word "may". For the majority of developments it shouldn't be necessary if the developer is reputable and known. Unfortunately these fortress people should have been setting red lights off all over city hall before the permit was issued.