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Affordable Housing Trust approves purchase-and-sale agreement for 10 Parker Lane and 55 Fairgrounds Road
Summary
The Town of Nantucket Affordable Housing Trust voted March 18 to approve a purchase-and-sale agreement for properties at 10 Parker Lane and 55 Fairgrounds Road and authorized the chair to sign the agreement subject to approval as to form by town council; the board then moved into executive session to discuss real-property negotiations.
The Town of Nantucket Affordable Housing Trust voted March 18 to approve a purchase-and-sale agreement for 10 Parker Lane and 55 Fairgrounds Road and authorized the chair or designee to sign the agreement, subject to approval as to form by town council.
The vote followed a presentation of the agreement and a reading of a proposed motion to approve the form of the purchase-and-sale agreement. The motion was moved by Meg Brouwer and the form of the motion was read aloud during the meeting. Board…
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