Word: mta
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McClernon said that he "is in favor of giving up the yards," and relocating the MTA storage facilities. The final decision to sell must, however, be made by the MTA's Board of Directors...
...past, the University has reportedly offered as much as $5 million for the yards, but the MTA has consistently refused to relinquish the property...
According to Charles P. Whitlock, assistant to the President for Civic Affairs, the MTA's operating budget and the expense of changing sites have been crucial factors in the refusal to sell the land. In the past few years, however, MTA operations have extended more and more to the south, thus making Cambridge inconvenient as a major storage area...
...MTA is reportedly considering Codman Sq. in Dorchester as the site for most of its switching and storage facilities...
...Although the MTA would retain a small part of the Bennett St. site for storage," McClernon said, "all the land except the present parking lot would be sold." He noted that "the MTA is required to offer the land for public bid but is not required to sell to the highest bidder, and would "probably make the land available to the University...