Create a park on some vacant property on the outskirts

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A community wants to create a park on some vacant property on the outskirts of the town (zoned commercial). They estimate the benefit to the community to be worth $1,500,000.00.

Contractors have estimated a net cost to build the park and to rezone the property to be $2,300,00.00. Should they build the park?

Reference no: EM131884678

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