This is a VERY good question, and one I've been wondering myself.
I'm not qualified to decide if the $5 million number is fair and accurate, but one must admit Uhaul makes some excellent points. Once you start factoring in having to build to current codes, the cost does indeed start rising. All because the city made a bad decision, knowing it was a bad decision at the time. Claiming Uhaul is making out like a bandit is a bit of a stretch...it really doesn't matter if their property has been made 'more valuable' if they have no intention of selling. All it really does is increase their taxes.
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