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Select Board approves 99 North Main lease amendment; clarifies fuel-tank liability and adds ninth apartment
Summary
The Select Board unanimously approved Amendment No. 1 to a 99-year lease for 99 North Main Street with RSJ Property Services, clarifying liability for above-ground fuel tanks, adding a ninth residential unit to the lease allowance, and ending the buyer’s due-diligence period.
The Select Board voted unanimously Jan. 13 to approve the first amendment to a 99-year lease for 99 North Main Street with RSJ Property Services.
Town staff said the amendment responds to lender concerns by making explicit that the lessee will have no liability for two above-ground fuel tanks that service the property’s fuel pumps. Staff also said the town will…
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