UPDATE: The council postponed the vote.
The City Council on Wednesday is scheduled to vote on a deal in which it would hand over the old Winthrop Square garage to the BRA, which would then select a company to build a skyscraper on the parcel.
At a hearing today, BRA Director Brian Golden said all the proceeds from the sale would go into city coffers, rather than to the BRA's separate fund - less what he said was a small administrative fee. The details, he said, would be spelled out in a "memorandum of understanding" he could not provide today but which he said would be ready for councilors Wednesday morning - giving them only a few hours to consider it before the scheduled vote. Read more.