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By Dylan (registered) | Posted June 19, 2015 at 07:41:24
You ask why the city doesn't go with a four storey building with underground level that would cost many times over what a reno would? Right or wrong, the answer is right there. Yes, they'd receive long term rental or tax revenue, but we're talking about decades to recoup the costs. Again, maybe what you propose is the most wise course of action, but it's tough for councillors on four year terms to justify that kind of expenditure increase on small scale projects when there are other budgetary demands.
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