What are the benefits of receiving land versus simply mitigation fees?
“If the mitigation were to be limited exclusively to mitigation fees, the District would receive money over the build out of the developments (15 years or more) and would need to compete with other land purchasers for any remaining undeveloped properties in the vicinity of the developments. More likely than not, there would not be land available (short of condemnation) in the developments. Available land outside of, but near, the developments likely would be highly sought. The District likely would expend a considerable amount of any received mitigation fees on land purchases in locations that may be less than ideal.
