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LouSpudol t1_it0ar5y wrote

So we’re going to be left paying the 29M? Demolish the thing. It’s a building. I’d rather keep my money thanks.

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the_falconator t1_it4kqju wrote

No. We are giving them $29 million off of taxes owed on the value of the building after renovation, which still results is higher revenue than what is being received now. Think of it as 50% of $1 rather than 100% of 25 cents.

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