TOWN COUNCIL MAJORITY OFFICE
REAL ESTATE ACQUISITION AND DISPOSITION COMMITTEE
DECEMBER 14, 2010
PRESENT Linda Russo, Chair; Councillors William P. Horan, Jr. and Eric Thompson
ALSO Melody Currey, Mayor
PRESENT Rich Gentile, Assistant Corporation Counsel
CALL TO ORDER
Chair Russo called the meeting to order at 5:33 p.m.
APPROVAL OF MINUTES
November 9, 2010
MOTION By Eric Thompson
seconded by Bill Horan
to approve the minutes of the November 9, 2010 Real Estate Acquisition
& Disposition Committee meeting.
Motion carried 3/0.
OPPORTUNITY FOR RESIDENTS TO SPEAK
NEW BUSINESS
OLD BUSINESS
Update - Acquisition of 54, 56 and 68 North Meadow Lane
Assistant Corporation Counsel Rich Gentile indicated that he had not heard
back from Mr. Forbes and that, at this point, he feels the matter will not be going forward.
No further action taken at this time.
Sale of 9 Montague Circle
Assistant Corporation Counsel Rich Gentile noted that he received a letter dated
December 13, 2010 from abutting landowner Marlene Schaeffer (copy in Real Estate
Subcommittee minute book). No other abutting landowners have contacted the town
regarding the parcel. A general discussion of the issue followed. Attorney Gentile
will discuss the possible valuation of the parcel with Assessor Brian Smith and report
back to the Committee.
No further action taken at this time.
Acquisition of 3 Saunders Street
Assistant Corporation Counsel Rich Gentile noted that the landowner’s 2008 appraisal is
$190,000, but that land values have decreased.
MOTION By Eric Thompson
seconded by Bill Horan
to go into Executive Session at 5:50 p.m.
Motion carried 3/0.
MOTION By Eric Thompson
seconded by Bill Horan
to come out of Executive Session at 6:09 p.m.
Motion carried 3/0.
Attorney Gentile will continue to negotiate a possible acquisition of the property with the
owner and will report back to the Committee.
No further action taken at this time.
ADJOURNMENT
MOTION By Eric Thompson
seconded by Bill Horan
to adjourn (6:10 p.m.)
Motion carried 3/0.
cc: Town Council
Melody Currey, Mayor
Rich Gentile, Assistant Corporation Counsel
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