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Princeton sells vacant lot, redirects proceeds to community building and approves town hall roof contract and sign battery replacement
Summary
The board accepted a $49,780 bid for a vacant town lot, agreed to reallocate $75,100 previously earmarked to a larger state allocation for a community building, and approved a $20,338 roof replacement contract and funds to replace batteries for an information sign.
The Princeton Board of Commissioners accepted a bid for a vacant town lot and reallocated funds to support a planned community building, then approved a roof replacement contract for town hall and agreed to replace depleted batteries in a town message sign.
Town staff reported an offer of $49,780 for the vacant lot at 414 South Center Street, with a $2,489 due-diligence deposit and settlement within 14 days of acceptance. The board voted to accept the bid (voice vote 3–0). Staff explained that the town had previously reserved $75,100 for a capital…
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