Word: exempted
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Dates: during 1960-1969
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...University is planning to finance the project under Massachusetts's newly-established Health and Higher Education Facilities Authority. In essence, this authority helps universities, hospitals. etc. to finance construction at the rate of interest for tax-exempt bonds, rather than at the higher market interest rate. The authority issues bonds to finance the construction, owns the project when it is completed, and rents it to the University for a nominal fee. The bonds are then retired out of the revenues of the project-rents in the case of Shady Hill...
...problem is that the authority has just been established, has not financed any projects to date, and when it does, may require higher interest rates than it would have a few years ago. Present high interest levels, a flooding of the tax-exempt bond market by new issues, and investors' uncertainty of what the current tax reform proposals will do for tax-exempt bonds have all contributed to drive up the rate on this kind of bond. "We'd like to talk about five per cent, but we're forced to talk about seven per cent. When you're trying...
...yesterday's City Council meeting, Vellucci introduced a resolution asking the Board of Assessors to compile a list of all the properties-tax-exempt and tax-paying-which Harvard owns in Cambridge, and to total up the amount of taxes and in-lien-of-tax payments the University pays to the City. The council unanimously passed the resolution after Vellucci amended it to include M.I.T. and Radcliffe...
...invisible . . . And Exempt. Immunity has been granted to me, for I do not lose my cool. Polarity is selected at will, for I am not ionized and I possess not violence. Call me inert and featureless but Beware, I am the Shadow, free to cloud men's minds. Who knows what evil lurks in the hearts of men? I am the Dracula, look into...
Rather than entering business schools, students are choosing to take draft-exempt jobs. Over 80 took this alternative in 1969, in contrast to only 50 in 1967. The number of men attending business schools has declined from 76 to only...