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Buyer interested in school property; Charlestown takeover and EPA cleanup work reported
Summary
Board members reported a buyer group is pursuing purchase of a school property and the LDC has sent an outline contract for taking over Charlestown and coordinating with the EPA on removal work; staff said an appraisal is complete and the buyer is working on site plans.
At a Herkimer County Local Development Corporation meeting, staff updated members on two property-related items: interest from a buyer group in a school property and progress on a contract to transfer Charlestown property with EPA cleanup work to follow.
The presenter said a buyer group remains interested in what the transcript refers to as "Bill School," that the group is working with BBL to prepare site plans and that an appraisal of the property is complete. "As soon as we do that and we do have an appraisal on that, so we will be coming up with a price to sell it to them," the presenter said. The transcript does not record a formal motion or vote approving a sale or a sale price.
Separately, staff said the LDC returned a signed outline contract for taking over Charlestown and is coordinating with the U.S. Environmental Protection Agency on removal of contamination. The presenter said they expect to hear back from EPA within about two weeks.
Why it matters: Property dispositions and remediation agreements determine local redevelopment timelines, potential costs, and future uses for municipal properties.
Details and next steps: Staff reported the village attorney's review of one contract is taking longer than expected but said the buyer group remains engaged. For Charlestown, staff said they have "sent back the signed contract or the outline contract for the taking over of Charlestown with and working through the EPA to get that removed." No sale price, final contract, or EPA schedule was recorded in the transcript beyond the comment that staff expected a response within roughly two weeks.
No recorded motions or vote tallies appear in the provided transcript excerpt for either item.
