It has been called to my attention that although the 2.5 million dollar HUD Section 108 loan had been approved, the closing documents were never signed. In other words, the City of Worcester never received the monies thus are not paying any interest on the loan. We learned alot this week.
Next week City Council maybe a Councilor can ask:
1 Who is paying for all the sewerage work on Main and May Street?
2 . Request a report on all land/ or building RFP's the past five years to see to what extent they have complied with the their terms of their LDA?
3. .Mason Street parcel is definately out of compliance. Maybe a Councilor can request that this go back ou to bid like Pharamsphere?