Word: lieu
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Dates: during 1960-1969
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...Boston officials decided that Boston University's married student forms were tax exempt. At the same time, B.U. agreed to pay Boston 50 percent of the assessed valuation in lieu of taxes every year...
...Cambridge City Council gave unanimous consent to a resolution requesting the City Manager to arrange for Harvard and M.I.T. to pay taxes, or an amount of at least 50 per cent in lieu of taxes, on married student housing...
However, when contacted yesterday, Gibson said that the housing is to be considered "fully taxable unless the situation changes." He did not elaborate on what sort of change would be required. Gibson added that "there is some talk of payments in lieu of taxes...
Harvard, in May, 1962, adopted the policy that the University would consider the needs of the city in its plans for the Married Students Complex. At that time, the University considered paying an annual sum in lieu of taxes because children of married couples would use Cambridge schools and facilities...
Fringes are steadily taking more of the negotiating package, but the common notion that they amount to something for nothing for the workers is contradicted by Commerce Department statistics. They come in lieu of wage increases. Frinee benefits have increased from 3% to 6% of the value of corporate output since 1948, while wages have slipped by 3%. One union leader recently boasted of negotiating an insurance plan that would cost a big eastern company $100,000 a year-but failed to note that it would probably mean $100,000 less in merit raises, because few companies are willing...