Word: councillor
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...Councillor Alice K. Wolf, a progressive, agrees with Walsh, who is usually more of a Harvard-basher, that buildings used for research at Harvard should be taxed if the fruits of this research are used by for-profit firms. "One of the things that we always wonder about is how much of this research is really for profit-making institutions," Wolf says...
...other councillors are looking to the state for help in recouping some of the lost property tax revenue. Wolf says she and Councillor Timothy J. Toomey are working on a proposal "that the [state] local aid formula include a factor for the amount of institutional land in the city...
...Councillor Alice K. Wolf says that the city is looking to get more money from Harvard, however, because while Harvard benefits many people in many places, Cambridge is stuck with the whole bill. "Institutions like Harvard really cost the city, but their impact is well beyond the bounds of the city," she says...
...City Councillor William H. Walsh is indicted on 59 charges of conspiracy, bank fraud and malting false statement to a federally insured bank, Walsh was one of 19 people indicted for allegedly defrauding Dime Savings Bank of New York of about $8 million for condominium developments in Massachusetts...
...City Councillor William H. Walsh says allegations of bank fraud won't stop him from being re-elected...