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January 30 Agenda Item 1
Attachments:
Attachment NameAttachment SizeAttachment Date
Size: 83K
Last Updated: 2012/1/24
Subject:
Order authorizing the Town Treasurer to place the net proceeds of the disposition of the Plummer-Motz and Lunt school property into a Reserve Account for a future Community Recreation Center.

ACTION: Council action is anticipated.
Summary:
In September 2011, the Town Council issued a "Call for Offers" for the future use of the Plummer-Motz and Lunt school property.

The Call for Offer stated that "(t)he Falmouth Town Council determined that there is a desire for a community recreation center. The Council remains interested in proposals that accommodate a community recreation center, but proposals are not limited to such an accommodation."

The draft Purchase and Sales Agreement allows the Town a five (5) year period to evaluate all of the options for a Community Recreation Center (both on-site and at other locations).

By placing the net proceeds of the disposition of the school property into a Reserve Account for a future Community Recreation Center, such funds can be used for:
  • a renovation of the Mason-Motz wing, or
  • new construction at the Mason-Motz site, or
  • new construction (or renovation) at another site, or
  • any other option that the Town Council feels best meets the needs of the Falmouth citizens,
at a time when the Council is ready to make such a decision.

Attachment:
  • Order authorizing the Town Treasurer to place the net proceeds of the disposition of the Plummer-Motz and Lunt school property into a Reserve Account for a future Community Recreation Center, dated January 19, 2012