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Saratoga Springs council begins discussion on possible sale of 5 William Street, considers using proceeds for homelessness services
Summary
Council members debated steps to authorize and condition a potential sale of 5 William Street, including whether sale proceeds could be reserved for homeless services and what legal and procedural limits apply; no vote was taken.
Saratoga Springs City Council members opened a prolonged discussion July 15 about whether to pursue sale of 5 William Street and how any proceeds might be used, including setting aside funds to support homelessness services.
Council members said the discussion was preliminary and procedural: the council must first determine whether the property is “no longer needed for a public purpose” before a sale can proceed under state law and the city charter. Council members discussed options including a public auction or private sale, imposing deed restrictions or reverter clauses that would require specific future uses, and awarding preference points in an RFP to bidders…
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