HAVERHILL, Mass. – The cash-strapped Haverhill City Council voted Tuesday night to end the free rent in City Hall for the Haverhill Teachers CU and will start charging $500 a month in rent to the $14-million credit union.The three-year lease agreement calls for increases of $25 a month in each of the last two years, costing the credit union almost $19,000.The lease is part of a move by the city to earning revenues from institutions using city property for free. Last May, the Haverhill Fire Department CU agreed to buy the city armory, which it had been leasing for $1 a year, for $257,235. The city has also signed for-pay deals recently with other entities using municipal property.
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