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3 Parking to remain Public in perpetuity•City15 years = $8 million net to –10 years = $5 million net to City–5 years = $3.5 million net to City–Example: that, higher of $15 million or <br /> appraised value.parking for $15 million for first 15 years. After 211 public Developer has option to purchase •Purchase Option for Public Parking Slide October 20, 2020PBA/CDAand Broadway <br /> rd <br /> <br />