Springfield paying $800,000 for Parent Information Center property on School Street mostly funded by federal grant funds
“The city, which has been leasing the School Department’s Parent Information Center building at 91 School St., is preparing to take ownership of the property by eminent domain for a negotiated price of $800,000.
City officials said this week that it made sense to take ownership, expected to occur by late June, rather than continue to pay an annual lease of about $234,900.
The city will pay for the property by using $760,000 in federal Community Development Block Grant Disaster Recovery funds, and $40,000 in city funds. The city received $21.9 million in block grant disaster funds to help recover from the tornado of June 1, 2011.”
Goonan, Peter. MassLive.com 4 June 2014.