Word: mta
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Dates: during 1960-1969
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...past few years, MTA operations have extended farther and farther to the south, and many interested people have hoped that the Authority might be anxious to relocate its storage and repair facilities at Codman Sq. in Dorchester. But the MTA will not be forced to--and probably will not be interested in--moving from Bennett St. unless it can take over the Old Colony railroad line and extend its operations to the South Shore...
...several years, South Shore cities through which the MTA would pass have successfully opposed legislative action to extend the system. Quincy, Braintree, and other towns prefer no rail service at all to paying the share of the MTA's annual operating deficit that all cities on the line incur...
...negotiations between the University and the MTA will have much meaning unless the crucial question of taxation can be solved. If Harvard does buy the MTA Yards, the land will remain exempt from Cambridge property taxes. And although the University has offered several times to construct taxable commercial structures on half the property, sensible agreement has been hindered by a lack of mutual trust...
...University's offer to purchase the Bennett St. switching and storage yards for $1 million above their fair market value still stands, but according to Daniel J. Tyler (Chairman of the MTA's Board of Trustees), sale of the property continues to lie "a long way in the future...
Exactly what the University has offered is a secret carefully guarded, but it has been estimated at between $3 to $4 million--a staggering sum that obviously appeals to the MTA. Yet unfortunately for Harvard, the Transit Authority faces the formidable problem of relocating its Bennett St. facilities and seems nowhere near a solution. Its General Manager, Thomas J. Mc-Clernon has suggested in recent statements that the MTA may soon settle this difficulty, but Tyler is scarcely so optimistic. He stresses, in fact, that the Authority must not only find and build a practical and extensive system...