Word: watertowne
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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...
...taxpayers spent $100 million cleaning up this site,” said Mass. State Senator Steven A. Tolman. “That was done so this would be the cornerstone of Watertown development...
...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...