Word: exemptible
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Members of Massachusetts Fair Share, a citizens' action group, demonstrated in the Yard in an attempt to convince the University to double the payments it makes to the City of Boston each year in lieu of taxes. Although Harvard is legally tax exempt, it pays the city $2 million each year to cover tax payments on some of its larger real estate holdings; the citizens' group wanted the University to up the rate to $5.3 million. After failing in an attempt to meet with President Bok--University police officers informed the protestors that "nobody's home" when they came calling...
Many Cambridge residents regard the University as being in the real estate business for profit. Although most rents are at the market level, Harvard owns an estimated $8 million worth of tax-exempt property in Cambridge, and makes a $507,000 in-lieu-of-tax payment. The situation in Boston is similar, except that Harvard pays no in-lieu-of-tax payment there and the value of exempt property is twice as high--an estimated $16 million. Harvard has not yet decided whether the corporation will handle Boston properties. The most publicized complaints, from Boston Fair Share and Cambridge community...
...Cambridge City Council last night voted, five to four, to table a bill that would declare a one-year moratorium on all building construction in Cambridge by non-profit, tax-exempt institutions, including Harvard University...
City Councilor Saundra T. Graham said during last night's meeting, "Cambridge is already 52-per-cent tax-exempt, and we need to pass some kind of bill preventing further expansion into Cambridge by these institutions...
...machinery will soon open in Pittston. To make the community even more attractive, the local airport runway will soon be extended to accommodate jumbo jets. In addition, a 42-acre industrial park has been declared an international trade zone, where companies can set up assembly plants that will be exempt from U.S. customs duties so long as the products are exported. Schott's home-office executives find the Pittston employees industrious, hard working and more eager for overtime than West German workers." Company employees also feel well treated by management. Says Joe Chmiel, a foreman...