Word: hillings
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...higher market interest rate. The authority issues bonds to finance the construction, owns the project when it is completed, and rents it to the University for a nominal fee. The bonds are then retired out of the revenues of the project-rents in the case of Shady Hill...
...question of how high the rents will be is particularly importane, because it will largely determine what kinds of University personnel live in the Shady Hill project. That in turn has major implications for the impact of the project on the neighborhood...
Take the schools for an example. Estimates have been made that anywhere from only a few to over 300 new children will come from the 300 Shady Hill units into the Agassiz School which serves the district and now holds some 240 pupils. Just how many actually come depends on whether older or younger Faculty members live in the project, whether the Agassiz School retains its position as one of the leading grammar schools in the city, and whether, as one Agassiz parent puts it, "the parents don't accept the myths about the Cambridge schools and instead take...
...scheduled to be replaced by a new school in 1971. Though some Agassiz parents hope construction of the new school can be coordinated with the development of another Harvard-owned parcel of land in the area and others have suggested a community school on Shady Hill itself, it is difficult to begin planning for the new school when no one can yet tell how many children will be attending it as a result of the Shady Hill construction...
Thus, though the Shady Hill project has been debated for over 15 years, the character of the project and its impact on the neighborhood remain to be seen. Much still has to be settled during the coming months of negotiation and cost-cutting...