Word: lieu
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Dates: during 1970-1979
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Together Harvard and MIT own almost a third of the land in Cambridge and the doubling of taxes to about $150 per $1000 of assessed valuation from 1967 to 1972 finally caused the city council to try to drastically increase the in lieu of tax payments...
...much of its land since 1928 its payments would not drastically increase with the new formula, but Harvard's would have immediately quadrupled. Harvard was willing to talk, Donald C. Moulton, Harvard coordinator for community affairs, said, but the square-foot basis was an arbitrary method of determining in lieu of tax payments. "We're not legally obligated to make the payments, but we recognize the services the city provides Harvard," he added...
...January 1973, Harvard agreed to substantially increase in lieu of tax payments to $410,000 for 1972 and $500,000 for 1973. The agreement was signed by Corcoran--who remained as city manager despite CCA ouster efforts until this year--Moulton and Charles U. Daly, vice-president for government and community affairs...
...YEAR and a quarter since that blow-up, the in lieu of tax question has smoldered threateningly under the surface, but never quite exploded. Harvard continues to stand by its anti-formula policy and city councilors blast Harvard for low payments whenever the mood seizes them...
Harvard had cooperated with other institutions since 1972 in an attempt to re-evaluate tax exemptions for institutions on higher education and the basis for in lieu of tax payments. An October 1972 report to the Cambridge community from the Office of Government and Community Affairs assured the city that although Harvard will "work to protect the tax exemption of educational institutions, it will work with equal energy to see that the courts, legislature and executive branch officials devise ways to spread the burden of these exemptions more fairly...