Word: payment
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When Harvard’s purchase of a 30-acre tract in Watertown sparked outrage from neighbors, University officials negotiated an deal that guarantees Watertown an annual payment of $3.8 million—no matter how much of the parcel Harvard takes off the tax rolls. In Boston, where Harvard holds more than nine times as much land—and is currently hammering out a deal to buy even more—the University pays only $1.6 million in PILOT. Much of Harvard’s holdings in Boston are still on the tax rolls, and Harvard...
...than $750,000 in the year following his resignation. Of that amount, he earned a base salary of $200,000 as president emeritus. The remaining $533,018—filed as an “expense account and other allowances”—subsidized moving expenses, loan payments and forgiveness, a retirement payment and “gifts in honor of service...
...Jimi Hendrix Experience from 1966 to 1969, of natural causes; in Clonakilty, Ireland. Redding, along with drummer Mitch Mitchell, accompanied Jimi Hendrix on some of the most radical songs of the 1960s, including Purple Haze and Foxey Lady. In 1974, Redding signed away future royalties for a one-off payment, losing out as Hendrix records continued to sell well over the next quarter-century. At the time of his death, Redding's lawyers were working on an action against the company that oversees the Hendrix estate to recover $5 million in lost royalties...
...diet makes goiters common. For the past six years, the French aid agency M?decins Sans Fronti?res (MSF) has trained the village doctors and midwives to treat minor injuries and illnesses with a basic stock of drugs, while referring serious cases to a township hospital. In addition, MSF introduced a payment scheme that seemed to work: it requires each village to classify locals according to whether they can pay for all, half or none of their medicine. Proceeds from drug sales help subsidize primary care for the poorest of the poor, while MSF pays the $9 monthly salaries of the village...
...parcel 24,” has been particularly contested of late. Activists have introduced a bill into the state legislature calling for that parcel to be given back to the neighborhood for the future development of affordable housing and community institutions in compensation for its initially inadequate payment...