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Record number of building permits issued for June 2009
According to the comptroller general the building permits issued in June 2009 were $550 million compared to $152 million for the same month last year. The factor attributing to such a significant increase was the deadline for the 20 year tax exemption. Every year we see a mad rush to get permits before the deadline and over the last ten years each administration has extended the deadline through their term. To date we have not heard whether this administration plans on extending the deadline.