Word: watertown
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Dates: during 2000-2009
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WATERTOWN—Angry Watertown residents, children and politicians came out in full force Wednesday night to rally against Harvard’s recent purchase of the Watertown Arsenal, calling on the University to pay higher payments to the city in order to offset potential lost tax revenue...
More than a hundred people gathered to criticize Harvard for its unwillingness to pay higher payment in-lieu-of taxes to Watertown, saying the University is jeopardizing the city’s ability to fund schools and city services by “hiding” behind its tax-exempt, non-profit status...
...This is a huge overreach of their purported tax exempt status,” said Watertown Town Manager Michael Driscoll. “To take this action will cripple the financial stability of this community...
Power said the University, recognizing the value of the site, has committed to making payments for 20 years. And as an entering neighbor, Harvard is looking forward to initiating a positive relationship with Watertown, she added...
...There are many opportunities for Harvard to be not only a good neighbor but a valuable partner in addressing common needs," Power said. "We hope over time Watertown will recognize the mutual benefit of this...