RE: Let’s get some facts firstThe calculation for money paid for permit applications originally posted as:
1,387,863/800 x ($100 recording fee+ $800 annual rental fee) = $631,800 should be written as:
1,387,863/2.47/800 x ($100 recording fee+ $800 annual rental fee) = $632,124 where 2.47 is the conversion factor from acre to hectare.
My apology for the error.
KT