Quote:
Originally Posted by GenWhy?
... It sounds like the City (in this scenario if it went ahead) would get an infrastructure loan to proceed with the public works before the rezoning is enacted (separating the two elements) and the CAC money is paid by the private developer to the City once the rezoning is complete...
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Following this logic, could a city also theoretically take out a loan for a rapid transit line and then pay it back in developer fees? Or does that step on the transit agency's toes?
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