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redevelopment of the property. Even though a fire has occurred, these demolition actions <br /> being taken now are seen as the necessary first step in the redevelopment process, <br /> ultimately leading to construction of the approved restaurant plan or some modification <br /> of that plan. <br /> This project has passed the "but-for" test, and the expenses now occurring will be <br /> considered as part of the necessary site preparation costs. <br /> SUMMARY: <br /> In short, the City does not need to take any action on this topic at this time, but should <br /> recognize this property, not as a "greenfield" site, but rather as a site that is in the process <br /> of being redeveloped. <br /> cc: City Council <br />