Memorandum Dated 12 Febraruy 1986 Re Continuation of the Hearing to Consider the First Amendment to the Report And Decision On Post Office Square 121a Corporation
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Despite that change, however, "the fundamental underpinning of the statute remained the same, i.e., that such projects be undertaken for a public purpos.e." Id. at 704-05 (citing Opinion of the Justices , 341 Mass. 760, 776-77 (I960)), This public purpose is accomplished, however, through reliance on private corporations or, as permitted by G.L. c. 121A, § 18C, individuals or other entities regulated or organized pursuant to chapter 121A. But see G.L. c. 121A, § 8 (every chapter 121A corporatio...n "shall be deemed to have been organized to serve a public purpose. . ."). Thus "[a]lthough there is some measure of supervision and participation by a public agency, urban renev/al projects under c. 121A are primarily conceived of and implemented by the private corporations which will operate them. Further, these projects receive large puolic benefits [through the tax concessions in G.L. c. 121A, § 10]." Boston Rdison Co. v. Boston Redevelopment Authority , 374 Mass. 37, 50 (1977). 2/ At the expiration of the lease, title to the property would be transferred from the corporation to the City of Boston.
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