City of Somerville header
File #: 203250    Version: 1
Type: Order Status: Approved
File created: 4/13/2017 In control: City Council
On agenda: 1/12/2018 Final action: 1/25/2018
Enactment date: 4/13/2017 Enactment #: 203250
Title: That the Chief Assessor and SPCD Counsel appear before this Board to explain the transaction between Federal Realty Investment Trust and Partners Health Care for Partners' building at Assembly Square, and advise whether there are any legal avenues for the City to collect property tax payments from Federal Realty for that parcel.
Sponsors: William A. White Jr., and the Entire Board

  Agenda Text

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That the Chief Assessor and SPCD Counsel appear before this Board to explain the transaction between Federal Realty Investment Trust and Partners Health Care for Partners' building at Assembly Square, and advise whether there are any legal avenues for the City to collect property tax payments from Federal Realty for that parcel.

 

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Official Text

That the Chief Assessor and Counsel to the Office of Strategic Planning and Community Development appear before this Board to explain the transaction entered into by Federal Realty Investment Trust and Partners Health Care with regard to the Partners Health Care building at Assembly Square and explain to this Board the complicated transaction entered into by Federal Realty and Partners and then explore and advise this Board whether there are any legal avenues for the City to proceed to obtain any property tax payments from Federal Realty for that parcel of land.