Word: mta
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Dates: during 1960-1969
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...Massachusetts legislature may soon join the struggle to prevent the University from buying the Bennett St. MTA Yards...
Leighton said that a large area "like part of the site of the present MTA Yards" would be ideal for Dudley. But he stressed that Claverly must serve as an interim solution and "the College must lose its fear of limiting itself to the resources of beds" before any major construction is possible...
...University has offered to buy the Yards for $1 million more than their fair market value, and thus if Cambridge declares the land an Open Blighted Area and attempts to force the MTA to sell at the fair market value, the courts will have to decide if the City has any legal authority over the MTA...
...courts decide in favor of the MTA, MTA officials have indicated that in order to protect itself the MTA must put the land up for sale and then sell it to the highest bidder. Harvard, with an offer of $1 million above the fair market value, would clearly have an advantage over the Cambridge Redevelopment Authority...
...speech to the City Council on Monday, Hayes also urged that Cambridge follow the same procedure used by Boston in the new Prudential Center project, but redevelopment experts asserted yesterday that under this plan, Harvard (or some other developer) must first buy the Bennett St. property from the MTA...