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Options <br />Option #3 Sell the building to a business <br />Pros: No cost to demolish, would increase site value, would generate taxes <br />Cons: Reduces potential for more parking, business parking would have to be located <br />between Laverne and the building, access would most likely be through City Hall’s entrance <br />off Laverne, increased traffic adjacent to emergency vehicle access, utility easements could <br />restrict use, could have stormwater requirements <br />Option #4 Lease the building to a business <br />Pros: No cost to demolish, would increase site value, could generate sales taxes, retaining <br />ownership could provide site flexibility in the future <br />Cons: Reduces potential for more parking, business parking would have to be located <br />between Laverne and the building, access would most likely be through City Hall’s entrance <br />off Laverne, increased traffic adjacent to emergency vehicle access, utility easements could <br />restrict use, business investment may make it difficult to change use in the future, could <br />have stormwater requirements