Word: mta
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Dates: during 1950-1959
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Harvard wants more of the MTA land in Cambridge than the MTA is willing to sell, William V. Ward, a trustee of the Transit Authority said last night. "A sale of land to the University would be no profit for the MTA," he explained, "unless we keep part of the Cambridge property for ourselves...
Although the MTA is condensing its facilities in the Cambridge yards, Ward declared, it will still need part of the land which the University has offered to buy. "If we didn't keep some of that land for car storage," he said, "we would have to buy up other space, perhaps at a greater price than we could get from any sale to Harvard...
...John J. Toomey (D-Cambridge), Chairman of the House Ways and Means Committee, yesterday opposed "selling any land whatsoever to Harvard" or to any other untaxable private interest." Toomey declared that he would support any legislative measure forcing the MTA to sell its property by competitive bidding after notifying officials of the town involved...
...Cambridge Trust Company has applied to the state for a permit to open a branch office somewhere on the site now occupied by the MTA yards, if and when the MTA sells the property...
...previous reports were not sufficient reason for speed, the legislators should also remember that the MTA's reserve on land in West Cambridge expires in 1961. Moreover, Massachusetts Ave. will be widened this summer, and co-ordinating this work with construction of the subway would permit sharing of expensive relocation of the public utilities which run under the road. Just a look at the present situation in Harvard Square should convince even the economy-minded that any opportunity should be seized...