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Council tables consideration of mayor‑vetoed values‑aligned investment ordinance amid legal and community debate
Summary
Medford City Council tabled further consideration of a mayor‑vetoed 'values‑aligned' investment ordinance and heard extended public comment both for and against the measure, including claims it conflicts with Massachusetts law and counterarguments that the ordinance is practical with proper definitions.
Medford City Council on Oct. 21 tabled further action on a mayor‑submitted, values‑aligned investment ordinance after Vice President Collins moved to defer consideration until the next regular meeting.
Supporters of the ordinance said the measure would align city investments with local values and that drafters had worked with staff and KP Law to make the policy practicable. Opponents, including resident David Rich, urged caution and warned the…
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