THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Downtown

Expensive lesson

By Steve Bailey
Globe Columnist / May 4, 2007

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How ridiculous is this? Boston's development agency is making payments in lieu of taxes to the city on a choice downtown site it auctioned off four years ago. The city, in effect, is paying taxes to itself. Meanwhile, the developer who won the auction hasn't built anything there yet, instead taking in millions of dollars parking cars there and paying ... (Full article: 655 words)

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