Arsenal Street
Council Backs $25 Million in Improvements, Some Question Openness of Process
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After a marathon session, the Town Council unanimously approved a partnership with Athenahealth and the DCR that will bring $25 million in public infrastructure projects to the area in East Watertown around the company’s campus. The funds to pay for 10 proposed projects come from the state via the I-Cubed program, which creates partnerships between public entities (the Town and the Department of Conservation and Recreation) and a private one (Athenahealth). The money comes from additional taxes created by Athena adding more jobs through its campus expansion, and will be used to pay for bonds issued by the state. The projects must be completed within 3 years of the issuance of the bonds. While many residents and some on the Council said the Town would be crazy to pass up $25 million in free projects (or at least that won’t use Watertown residents’s tax dollars) others complained that the list of projects came forward with little public discussion about what made the list.