Word: mta
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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...
...Daniel J. Hayes called on the City Manager to institute procedings under the Urban Renewal Act to acquire the Yards "for maximum development for tax purposes." Hayes intended Cambridge to declare the Yards an "Open Blighted Area," to pay the fair market value and to take them from the MTA by the power of eminent domain...
Hayes was entirely willing, under this arrangement, to give a small portion (three out of 12 acres) of the land to the University, but he expressed a fear that if Harvard bought the property directly from the MTA, University officials "might grab all the land for educational purposes...