Word: mta
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Cambridge developer John Briston Sullivan upped his bid the most, but his final offer of $4,750,000 is still considerably behind the highest bids. Francis J. Roche, a Cambridge attorney, has a final bid just under $6 million, but his offer is apparently not taken seriously by the MTA...
...MTA Board of Trustees meets this afternoon to consider the four final offers for the property, although they will make no decisions. The trustees will also have a detailed report on the financial reliability of the backers of each of the bidders. The report was prepared last week by McLaughlin...
McLaughlin stressed yesterday that relocation of the MTA facilities is the greatest obstacle to sale of the property and said that "it is becoming a more complex problem every...
...MTA hopes to move most of its switching and storage facilities to the Codman Yards on Galvin Blvd, in Dorchester, but the plan has met opposition from residents of the area who fear that the MTA facilities will harm the neighborhood...
...final decision on the sale of the Bennett St. yards rests with the three-man MTA Board of Trustees. The state Senate is currently studying a bill that would replace two members of the Board--one of whom is known to be hostile to Harvard--with two men chosen by Gov. Peabody and the MTA Advisory Board...