Posted Mar 9, 2011, 4:58 AM
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Registered User
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Join Date: Jun 2006
Posts: 3,916
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Money doesnt fall from the sky. When you get $20 million towards the Orpheum for allowing Capital to go higher it still comes from the pockets of current or future residents buying condos.
By not allowing Capital to go higher the city and especially the residents dont lose $20 million, the $20 million simply either stays in the pockets of the residents or gets collected by the city from other developments.
I think the argument that the city loses money towards social services or amenities is a stupid one.
And count me in for wanting to preserve the view cones, they are priceless and once lost almost irreplaceable.
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