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Holyoke HRA approves release of reverter on 160 Middle Street
Summary
At a remote Holyoke Redevelopment Authority meeting, the HRA voted to release a reverter clause on 160 Middle Street while preserving several deed restrictions including a workforce commitment, a tax‑paying requirement and a ban on transfer‑station activity.
The Holyoke Redevelopment Authority voted at a remote meeting to release a reverter clause tied to 160 Middle Street, allowing the seller to transfer title to a buyer who is currently using the site for truck parking and plans to install fencing, officials and attorneys said.
The reverter release removes a deed provision tied to resale proceeds while preserving other deed restrictions, including a workforce‑development commitment, a requirement that the property remain tax‑paying, and a ban on operating a transfer station on the site, according to staff and attorneys who spoke at the meeting.
Attorney Dan McKellick of Bacon Wilson, who said he represents the buyer, told the board that title work completed for the buyer showed a…
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