Sunday, July 01, 2007

Good News for a change?

(From the 6/21/07 West Haven Voice article entitled "Details of Purchase Revealed")

Yale's purchase of the Bayer campus holds promise - in addition to the 70% reimbursement from the PILOT program (Payment in Lieu of Taxes) for taxes not paid by an educational institution, Bayer is pledging to pay $250 per onsite employee per year, or a minimum of $600,000. That's a fair chunk of change.

Did anyone attend the public forum this past June 19 at Bailey Middle School? I'd be interested in hearing what was told.

I wonder what this means for the Science Park properties that Yale owns in New Haven.