TOWN COUNCIL MAJORITY OFFICE
REAL ESTATE ACQUISITION AND DISPOSITION COMMITTEE
FEBRUARY 28, 2011
PRESENT Linda Russo, Chair; Councillors William P. Horan, Jr. (arrived 5:50 p.m.)
and Eric Thompson
ALSO Rich Gentile, Assistant Corporation Counsel
PRESENT Wally Inkpen, Deputy Assessor
CALL TO ORDER
Chair Russo called the meeting to order at 5:45 p.m.
APPROVAL OF MINUTES
January 18, 2011
MOTION By Eric Thompson
seconded by Linda Russo
to approve the minutes of the January 18, 2011 Real Estate Acquisition
& Disposition Committee meeting.
Motion carried 2/0. Horan out of office.
OPPORTUNITY FOR RESIDENTS TO SPEAK
None
NEW BUSINESS
113 Tolland Street Rear
Wally Inkpen, Deputy Assessor, spoke about a paper street that the town abandoned in the mid 1980’s. At that time, all abutting property owners were deeded part of the street for no consideration. For some reason, the property behind 113-115 Tolland Street was never conveyed. Adding this small parcel to 113-115 Tolland Street would raise the assessment by roughly $1,000.00. Rich Gentile, Assistant Corporation Counsel, will write to abutting property owners to see if there is any interest in obtaining this parcel for no consideration.
OLD BUSINESS
Update - Sale of 9 Montague Circle
Attorney Gentile discussed conversations he had with the owners of 21 Montague Circle for the purchase of 9 Montague Circle property.
MOTION By Bill Horan
seconded by Eric Thompson
that the Real Estate Acquisition & Disposition Committee notify
Marlene Schaeffer that it will not accept her offer to purchase
9 Montague Circle for the sum of $100.00 and ask the Mayor to
have town crews clean and clear the property as soon as the
weather permits.
Motion carried 3/0.
Acquisition of 3 Saunders Street
Assistant Corporation Counsel Rich Gentile reported that, after last month’s Real Estate
meeting, he had several discussions with the owner. The owner has agreed to sell the
property for $150,000.00 which amount is consistent with the $150,000 value shown in the
January 18, 2011 Real Estate subcommittee meeting minutes. Purchase money will come
from LoCIP funds. Based upon the agreed price, the Committee again made the
following motion:
3 Saunders Street
MOTION By Bill Horan
seconded by Eric Thompson
that the Real Estate Acquisition & Disposition Committee
recommend to the full Town Council that the Town of East Hartford
purchase the property known as 3 Saunders Street for the sum of
$150,000.00, subject to receipt of C.G.S. §8-24 approval from the
town’s Planning and Zoning Commission and the execution of a
purchase and sale contract satisfactory to the town’s office of
Corporation Counsel which contract contains an environmental
contingency, a title contingency and the requirement that all tenants
vacate the premises prior to the closing.
Motion carried 3/0.
ADJOURNMENT
MOTION By Eric Thompson
seconded by Bill Horan
to adjourn (6:02 p.m.)
Motion carried 3/0.
cc: Town Council
Marcia Leclerc, Mayor
Rich Gentile, Assistant Corporation Counsel
John Choquette, Development Director
Wally Inkpen, Deputy Assessor
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