Posted by Jeremy Shulkin
The Worcester Business Journal has the breaking story, but here are a couple tidbits:
Clark will pay $262,000 this year, a number that will increase by 2.5 percent annually for the next 20 years. That money will go straight into the Worcester Public Library (as does MCPHS’ PILOT money) and improvements in Main South.
It will also serve as a down-payment for a future plan that would close Downing St. between Florence and Woodland to traffic, making it a pedestrian walkway.