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Select Board authorizes execution of Waste Options purchase and new waste‑services agreement
Summary
The board authorized town staff to sign an asset purchase and sale agreement, a waste services agreement and a related repairs letter with Waste Options Nantucket, setting a November 30, 2025 closing and a fiscal transition plan for FY26.
The Nantucket Select Board voted unanimously to authorize the town manager to execute three documents that together transfer ownership of the island’s composting and transfer‑station assets and set a new contracted operating arrangement with the current operator, Waste Options Nantucket.
The board approved (1) an asset purchase and sale agreement (APSA) that defines the property and assets the town will acquire, (2) a waste services agreement that details the operator’s responsibilities and compensation under the new operating model, and (3) a repairs letter agreement setting specific pre‑closing maintenance obligations. The…
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