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Chapter 121A Does Not Cap "In Lieu of" Payments
11/19/2004
On November 17, 2004, in the case of
Anderson Street Associates v. City of Boston, the Massachusetts Supreme Judicial Court held that Chapter 121A of the Massachusetts General Laws (“MGL”) did not cap payments made by developers under 121A in lieu of tax payments at an amount not to exceed the taxes for which they would otherwise be liable under Chapter 59 of the MGL.
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