Local community zoning commissions don't like to downgrade the zoning of a property.
Commercial pays the majority of property tax by Colorado Law, so rezoning to Residential is a real tough sell. (There is a pun in there somewhere)
How much revenue are they collecting from unoccupied commercial space though? Can't be much.
Five percent of something is more than ten percent of nothing.
Last edited by Martinjmpr; 05-16-2018 at 10:35.
Martin
If you love your freedom, thank a veteran. If you love to party, thank the Beastie Boys. They fought for that right.