Update 15 Oct -- Another $579,000 wasted by Council
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News: Update 15 Oct – Another $579,000 wasted by Council
There was a decent discussion on this subject. I recommend watching the video on the City's Website. The discussion starts at 58 minutes and 48 seconds. I thought I would produce a table below based on the numbers provided to show how much would be collected if the developer were to sell 30 houses per year and the city netted $53,000 per house (we don't provide any supplement) versus…
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