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Princeton sells vacant lot, redirects proceeds to community building and approves town hall roof contract and sign battery replacement

2172293 · January 1, 2025
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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 improvement plan project; after discussion with Representative Larry Strickland the board agreed to reallocate that $75,100 back into a larger $315,000 allocation to support a proposed new community building. A motion to reallocate the $75,100 back to the $315,000 allocation passed 3–0.

With proceeds from the lot sale available, staff presented three roofing quotes for the town hall roof. After comparing warranties and long-term value, the board approved a contract with Pro Roofing: base bid approximately $19,107 plus $638 for an extended workmanship and shingle-warranty package, for a total of $20,338. A commissioner explained that the town sought a longer workmanship warranty; the Pro Roofing quote included the option to upgrade to a 25-year workmanship and 50-year shingle warranty for $638. Commissioners noted the town hall roof shows multiple leaks and damaged ceiling tiles and agreed to proceed to protect the building.

Separately, staff reported the town’s solar-powered electronic message sign at the Food Lion end of town had batteries that were cracked and no longer holding charge. Staff suggested procuring replacement batteries (twelve batteries estimated) and checking for core charges or return credits; the board authorized staff to obtain the batteries and replace them promptly and discussed charging the cost to routine maintenance or using the recent lot-sale proceeds if needed.

Votes recorded at the meeting: acceptance of the lot sale (3–0); reallocation of $75,100 back to the $315,000 allocation for the community building (3–0); authorization for staff to close on the lot sale (3–0); award of the town hall roof contract to Pro Roofing including extended warranty (3–0).