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Press Release
May 5, 1997
IMMEDIATE
Daybook Advisory

TUESDAY, MAY 6, 1997 Ð 6:45 A.M.

E. Virgil Conway, Chairman of the Metropolitan Transportation Authority, along with the business and community leaders from seven states will be available to the press prior to departing for Washington, D.C. and a rally in support of reauthorization of the Intermodal Surface Transportation Efficiency Act (ISTEA).

The group will travel by a specially scheduled eight car train which will be comprised of cars from Pennsylvania, Maryland, New Jersey, Connecticut, and New York.

Press Release
May 2, 1997
IMMEDIATE
Istea Train To Washington

The Metropolitan Transportation Authority and a coalition of New York State transit professionals, advocates, public officials, and construction industry representatives will join Governor George E. Pataki in Washington, D.C. on Tuesday, May 6, to promote public transit as a critical element in the reauthorization of the Intermodal Surface Transportation Efficiency Act (ISTEA). ISTEA is the bill that provides federal funding for highways and transit programs.

Press Release
May 1, 1997
IMMEDIATE
MTA Announces Coliseum Short List

E. Virgil Conway, Chairman of the Metropolitan Transportation Authority, today announced the selection of five development proposals for the next round of consideration in the sale of the New York Coliseum. Chairman Conway said, "We were very impressed by the quality of the development teams and the creative ways in which they complied with the required design guidelines. The proposals selected for the short list represent the most complete response to the overall goals and criteria outlined in the Request for Proposals."

Press Release
April 30, 1997
IMMEDIATE
Governor Announces Subway Car Purchase Agreement

Governor George E. Pataki announced today that the Board of the Metropolitan Transportation Authority approved the unprecedented purchase of 1,080 subway cars for use on the IRT lines.

Press Release
April 29, 1997
IMMEDIATE
MTA Negotiates Subway Car Purchase Agreement

After round-the-clock negotiations, the Metropolitan Transportation Authority reached an historic agreement for the largest subway car purchase in history. This agreement represents the culmination of the most comprehensive bidding process ever undertaken by the MTA. This process generated a highly competitive atmosphere, in which the MTA secured extremely advantageous pricing. As a result, the MTA was able to increase the purchase to 1,080 subway cars from an originally planned purchase of 740.

Press Release
April 15, 1997
IMMEDIATE
MTA Announces Environmental Message

At the Metropolitan Transportation Authority, every day is Earth Day. However, in recognition of this formalized annual event, environmentally educational messages are appearing through the middle of May in all 5,700 subway cars and 3,600 buses operated by MTA New York City Transit.

A series of eight "car cards" will remind our customers how they help the environment, such as decreasing air pollution and vehicular congestion, by using the MTA's public transportation system.

Sample messages include:

Press Release
April 15, 1997
IMMEDIATE
Moody'S And S&P Improve MTA Bond Ratings

E. Virgil Conway, Chairman of the Metropolitan Transportation Authority (MTA) announced today that bonds offered by the MTA had their ratings upgraded by both Moody's Investor Services and Standard & Poor's Corporation.

Moody's raised the ratings on Transit Farebox Bonds to BAA1 from BAA, and affirmed the ratings on Commuter Farebox Bonds at BAA1. S&P affirmed its BBB+ ratings on both the Transit and Commuter bonds, and revised its outlook on the MTA from negative to stable.

Press Release
March 7, 1997
IMMEDIATE
MTA Honored For Services To Visually Impaired Customers

American Foundation for the Blind (AFB) has announced that it will present a 1997 ³Access Award² to the Metropolitan Transportation Authority (MTA) in recognition of its contributions toward improving access to resources, services and information for blind and visually impaired customers.

In announcing the selection, AFB President Carl Augusto noted that the MTA was singled out for its ³numerous efforts to enhance accessibility of the New York metropolitan transit system and for heightening disability awareness among its staff.²

Press Release
February 10, 1997
IMMEDIATE
Fare Dispute Is Settled

E. Virgil Conway, Chairman of the Metropolitan Transportation Authority, announced today that following a federal appellate decision in favor of the MTA, the lawsuit challenging the allocation of subsidies to mass transportation has been discontinued and a settlement reached.

Press Release
February 5, 1997
IMMEDIATE
Freight Agreement Addresses Community Concerns

The Metropolitan Transportation Authority today announced that the MTA Long Island Rail Road (LIRR) and New York Atlantic Railway (NYAR) have agreed to a moratorium on the rail movement of municipal solid waste, including ash, and the use of the intermodal facility in Garden City until December 31, 1999. The agreement comes at the request of Governor George E. Pataki, who had expressed his concern to the MTA over issues raised by local officials.

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