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By Robert D (anonymous) | Posted December 18, 2013 at 15:09:03
I wonder if the city could float the idea of "heritage bonds" to the BIA, to fund any adaptive reuse or teardown/replacement? With the idea being the amount would be repaid, if possible, to the bondholders over the next X years out of the revenue that the renovated/new building will generate.
It would be a good way for the BIA to get their wish without looking to city hall to foot the bill for the upfront costs.
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