Word: mta
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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...
...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...
Opponents of the extension have stressed its cost, already estimated at $20 million, and almost sure to go higher. But while the initial costs are great, the improvement will permit substitution of profitable rapid transit operations for deficit-producing bus and trolley routes--a very appealing argument since the MTA was $15 million in the red last year...
...legislature must resist the temptation to procrasinate by merely ordering another in the interminable sequence of favorable studies going back to the Coolidge reports of 1945 and 1947. In fact, MTA extension has already been initiated, and an extension to Newton Highlands is now under construction...
...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...