WORCESTER, Mass. — City councilors were frustrated at Tuesday's meeting in Worcester.

The city is dealing with a near $800,000 shortfall in tax revenue in the Polar Park financing district. But city manager Eric Batista is emphasizing this will not impact residents' services or wallets.

"It's actually pre-funded in the budget. So, every budget, we pre-fund based on our estimates on potentially what we see. We pre-fund that with tax levy dollars through the general fund," Batista said.

On top of the shortfall, developer Madison Properties informed the city they'd be terminating their tiff agreement for 50 Washington St.

City councilors showing some disdain for the developer, who announced the decision in a letter last month.

"Quite honestly, pretty disturbing," District 2 Councilor Candy Mero-Carlson said.

"We do need to figure out a way through whatever mechanisms that we continue to hold these folks accountable," District 5 Councilor Etel Haxhiaj said.

The property was initially meant to be a mixed-use office building.

Chief Development Officer Peter Dunn alluding to the pandemic and market demand as reasons behind the stalled project, saying the termination of the tiff speaks to its future.

"I don't think there's a lot of confidence in seeing that building constructed," Dunn said at Tuesday's meeting. "For example, getting started next year or even the year following. Because it would be in his best long-term interest to keep that tiff agreement in place."

City Councilor Khrystian King says all options are being weighed right now, including eminent domain.

"These are times when we have folks struggling economically with affordability," King said. "We want to make sure to the best of our ability that that area down there can be solvent financially."

King saying the city has to do what's best for its residents.

"On many levels, the ballpark has been successful," King said. "And now we have some financial challenges here. We can't go back."