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While Greedy Medford Officials Eye Voting Themselves a new PAY RAISE, Woburn councilors, getting paid a lot less, find new tax revenues for the city.
It's time to remove the USELESS Medford City Council and save 200k a year. Based upon initial estimates from the petitioner, the new development would generate somewhere $2.5 million in taxes. Currently, the city receives the equivalent of $66,000 in annual real-estate tax income from the current parking lot use, Yetman claimed.
According to Tarby, the proposed overlay district will include several critical protections for area abutters, such as a requirement a 70-foot buffer or no-disturb zone be established on any lot line that borders a residential district.
The size of the new office parks within the LBOD district would be capped at 40-feet in height, while a developer must be in possession of at least 20-acres of land to take advantage of the overlay zoning provisions. http://homenewshere.com/daily_times_chronicle/news/woburn/article_f2c7e372-4ba6-11ec-ba8b-7ba3c90bd624.html
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