Word: payment
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...credit, the University has tried to patch up relations with the city, donating land last year for an Allston branch library. More recently, the University has agreed to increase its payment in lieu of taxes to the city by $12 million. But the fact remains that by covering up its purchases, even in order to protect itself from inflated real estate prices, Harvard acquired its land in an underhanded manner, a move that will likely taint town-gown relations for years to come...
...Anytime that any institution expands or has new development they are approached for payment in lieu of taxes," Rakow said...
...During the course of the negotiations it became clear that the voluntary payment would be necessary in order to reach a satisfactory agreement," said Kevin A. McCluskey '76, Harvard's director of community relations...
Cambridge, which also has a payment in lieu of taxes agreement with Harvard, has been paying close attention to the talks between Boston and Harvard. Its 10-year agreement with the University is due to expire this year...
Thus, one of the first items on Grogan's agenda was to reach closure on the negotiations over payment in lieu of taxes...