Word: saids
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Dates: during 1980-1989
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...addition to the purchase price, the city would have to pay the company prime-rate interest if it exercised its buy-back option. After 10 years, it would cost the city approximately $2 million to repurchase the land, Healy said...
Vellucci questioned the desirability of such an arrangement. He asked the company's attorney if he played craps. When the attorney replied that he did not, Vellucci said, "When you roll the dice, you don't get prime rate back when you lose...
...attorney for the company said if an agreement were not reached soon, the current store would have to shut down within two years. The company would then sell the land to another developer, who might not be as restrained and responsible as Stop & Shop, he said...
...There really has been fleshed out everything but a final set of plans," the attorney said. "You know exactly what's going to be there. Sure, you don't have everything you want, but you're not in the dark. You're fully protected...
...councillors remained unconvinced. "I would like to vote for this. But it doesn't smell too good," said Vellucci...