Posted Jun 7, 2006, 5:38 PM
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The City
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Join Date: Jul 2004
Location: Chicago region
Posts: 21,375
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Just as banks require 50% sales before financing a project, the city of Chicago should have a similar rule: 50% sales of a development before issuing a demolition permit.
That sure would have saved us a lot of what was lost--the old Merc Exchange, Block 37, the list goes on and on....
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