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Council rescinds sale and votes to re‑obtain 25 Main Street for economic‑development planning

3503925 · May 25, 2025

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Summary

Council passed Ordinance 25‑356 to terminate a prior purchase agreement for 25 Main Street and to re‑obtain ownership of the property for future economic‑development strategy. The action was approved unanimously.

Milford City Council voted unanimously Tuesday to terminate a previous agreement to sell 25 Main Street and to re‑obtain the property for future economic‑development planning.

In Committee of the Whole discussion City Manager Benjamin Gunderson described the action as a strategic repurchase to allow the city to steer redevelopment options downtown. Gunderson asked the law director to draft an ordinance to terminate the sale agreement related to a former buyer identified in the packet memo; the law director returned the ordinance to council and Pacheco read Ordinance 25‑356 on the floor.

The ordinance states council previously authorized the sale by Ordinance 23‑211 and that council has since determined terminating the purchase agreement and re‑obtaining ownership serves the public interest. The ordinance becomes effective immediately under charter provisions cited in the text.

Ending: The ordinance passed unanimously. City staff said they will proceed with paperwork and return with next steps for planning and potential development options for 25 Main Street.