Word: exempts
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Murphy said the institutions would save money by building the plant and not using Boston Edison, but only if they received tax exempt status from the City of Boston for the plant...
Murphy said the power plant should not be tax exempt, as is now planned, but should pay taxes commensurate to what Boston Edison would pay on the services rendered to the hospital...
Moulton said that the in-lieu of tax proposal that the institutions involved are trying to work out with the city "will be acceptable to all parties" once agreed upon regardless of the plant's proposed tax exempt status...
Frustrated Cambridge residents this week renewed a perennial town-gown conflict over the tax-exempt status of Harvard and MIT by demanding that city officials find ways to force "the wealthiest institutions and individuals in this city to pay their fair share...
Each year Harvard and MIT voluntarily pay a combined total of $800,000 to the city in partial compensation for their tax-exempt status. City Manager James L. Sullivan on Monday said this town gown arrangement has been a model for university communities elsewhere in the country. "Frankly," he said, "it's not required. And it's a generous addition to the city rolls...