Couple points were left out that I would like to add. This bid was awarded in January of 2008 (almost two years ago) with construction to start last Spring. To date the winning bidder has yet to take title. In addition the the City of Worcester is guaranteeing a U.S. Department of Housing and Urban Development Section 108 loan program administered by the city in the amount of 2.5 million that was never in the initial RFP.
Bottom line nearly two years later,
- title has not transferred
- lot itself is still a mess
- no taxes have been paid
- City of Worcester is now on the hook on a 2.5 million dollar loan.