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By ergopepsi (registered) | Posted June 09, 2015 at 14:21:59 in reply to Comment 112129
So I would assume the owners feel that they would get a better return by selling the empty lot after demolishing the existing building? And, they need time for the property to increase in value due to the efforts of everyone else around them. In that case I would support taxing the property on its assessed value (reassess annually) if it remains vacant or unimproved after a period of time - perhaps one year. Even better, tax the property based on the asking price.
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