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Yep. We should probably have industrial developers pay into some kind of fund that is then available to pay for cleanup if the site is abandoned. Basically insu
by SoftTalker 1y ago
Yep. We should probably have industrial developers pay into some kind of fund that is then available to pay for cleanup if the site is abandoned. Basically insurance against a bankrupt owner leaving a mess for the public to deal with.
Instead we often give them tax abatements and other incentives with little recourse if they don’t deliver the promised economic growth and jobs.