Quote:
Originally Posted by Innsertnamehere
This project looks incredible in the renderings. I hope they pull through on the material selections, it could be a great addition to downtown.
Shame about the lack of development charges though. This city needs as much money as it can get.
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Development charges are not all that much and I'm not a fan of them. On commercial and institution they make more sense than on residential in my mind. I prefer loading costs into property taxes, rather than development charges which only get charged once, and then get included into the expected sale price for residential properties.