Word: mta
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Dates: during 1960-1969
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...reasonable assumption that I will get the Bennett St. MTA Yards," Samuel P. Coffman, Boston banker and investor, told the CRIMSON yesterday...
Coffman added that "the MTA Board should be as convinced as anyone can be convinced that my bid is serious...
However, Edward F. McLaughlin, Jr., general counsel of the MTA and the key man in choosing the buyer, said yesterday, "I am not sure that any of the private bids are responsible...
Coffman's bid of $2 million plus a minimum of $5,600,000 in relocation costs for the MTA system is $400,000 higher than the nearest private bid and over $2.5 million above Harvard...
Although Coffman feels his top bid makes him the leading contender for the land, the MTA board of directors is not obligated to sell the land to the highest bidder. Coffman admitted that the Board could sell the land to Harvard "for the reasons...