[Amended 7-10-2007 by Doc. 76]
In all cases whereby any person (individual,
firm, trust, corporation or partnership) is permitted to take occupancy,
possession and use of land in this City, said land being owned by
the City, and pending a deed having been given by the City, said person
shall be required to pay a fair and reasonable rental for the use
and occupancy of said land in lieu of a real estate tax payment, subject
to MGL c. 30B, § 16, said amount to be negotiated and determined
by the City, through the office of the Mayor, and said person prior
to said use and occupancy.