Annual Report 1960

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Alphonsus, Tremont, Worthing ton Streets, Huntington Avenue and Longwood Avenue.
Relocation of the 250 families started immediately and a demoli- tion contract was awarded in September. New construction is scheduled to start in April, 1961 on the first of 3 high-rise apartment buildings 9 each of which will contain about 270 dwelling tinits. The new construction will be undertaken by private limited dividend corporation, operating under Chapter 121A of the General Laws. This project is being un
...dertaken without Federal financial assistance. The City of Boston issued $1,500,000 of bonds to finance the project execution. Under the terms of lease -hold agreement with the redevelopers, the City will recover all monies 9 plus existing tax revenues over a period of approximately 20 years. Boston has received commendation from many sources for -5- •-. its forthright action in undertaking this project and for the expeditious manner in which it has been handled.
Government Center Project Mass.


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