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by adamw2k
1214 days ago
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It's actually common practice in many parts of the country. The practice is called Economic Development. Rarely used for residential purposes, but does finance commercial development and promote hiring. The funding typically comes from the calculated/expected incremental tax revenue to the area (State, Local, etc). Newark, CA in the Bay Area did this for a while (may still?). |
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Kind of a different use case with needing distance and dangerous stuff being deployed but still probably a worthy bit of development history and municipal dynamics to be shared there.