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Options <br />Option #1 Demolish the building for green space and retain or eliminate the existing <br />parking lot <br />Pros: Provides more green space, one-time cost to demolish, allows the city to wait while <br />incurring minor costs, could be used for stormwater ponding if current ponds fail <br />Cons: Doesn’t provide additional parking, cost to demolish and reduces the site value, no <br />additional taxes <br />Option #2 Demolish the building and expand parking <br />Pros: One-time cost to demolish, provides more parking, allows access away from the <br />restricted emergency vehicle entrance <br />Cons: Cost to demolish and to construct a parking lot, wouldn’t increase the site value, no <br />additional taxes, could have stormwater requirements