The council also Tuesday approved a loan order for $2,000,000 to fund a build-out of space at Union Station to accommodate the siting of the state Cannabis Control Commission’s new headquarters. Councilors questioned some of the accounting behind the arrangement. Thomas Zidelis, the city’s chief financial officer, said the approximately $4.7 million in rent expected from the CCC over its 10-year lease will be paid to the Worcester Redevelopment Authority, which owns and operates the building. He noted, however, the city itself will realize savings because the rent should lower the subsidy the city pays for operation of Union Station.
“It will reduce the amount the city pays to augment the costs of Union Station,” Mr. Zidelis said.
Mr. Petty called the CCC’s plans to move in at Union Station a “coup” for the city; he said it will bring 57 employees downtown, along with an expected 30 to 40 visitors per day. City Manager Edward M. Augustus Jr. said the hope is for the commission to be in Union Station by September.
Because it is a loan order, two votes are required: one to advertise it (simple majority). A second vote must now be taken to adopt it (two-thirds vote).