NewburyportNews.com, Newburyport, MA

Breaking News

Local News

March 8, 2014

Mayor Gray brokers deal with pot farms

(Continued)

Specifically, the two firms will pay $50,000 annually, in two installments, for five years, with an escalation after that which will increase the payments based on inflation. In addition, each company will donate a minimum of $5,000 annually to Amesbury-based charities of their choice.

Gray has also been quietly working on his economic development strategy as well, which he said he will be making an announcement on early next week.

“I’ve been dealing with everything from snow emergencies to the budgets,” Gray said. “The big thing taking up a lot of the time right now is that we are heavily into the budgets. That has been consuming a lot of our time. This was going to happen. This issue for us was, what kind of agreements could we negotiate?”

Text Only | Photo Reprints

Port Pics
AP Video
Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kerry: No Deal Yet on 7-Day Gaza Truce Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites
Special Features