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Town Attorney: motion to dismiss Success Village bankruptcy planned; council urged patience on repairs

Town of Stratford Town Council · September 10, 2024
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Summary

Council discussed Success Village cooperative'related heating repairs and bankruptcy; the mayor said the cooperative filed for bankruptcy and attorneys for Stratford and Bridgeport are coordinating; the town attorney said they intend to file to dismiss the bankruptcy and lift the stay to allow repairs and court oversight.

Council members raised concerns about differing resolutions and repair plans for Success Village, a cooperative housing property shared in the region. Councilman O'Neil said Stratford's resolution proposed replacing boilers while Bridgeport appeared to favor short-term repairs; he said concern centers on whether repairs will be permanent.

The mayor confirmed the cooperative had filed for bankruptcy and said joint attorneys for Stratford and Bridgeport (identified by the mayor as Brian LeClaire and Rich Petruill) are actively working on the matter. She said the court may appoint a receiver to manage repairs and assessments and that residents who are members of the co-op are being represented in conversations.

In the town-attorney report the town attorney stated, "the town attorneys do intend to file a motion to dismiss the bankruptcy and, lift the bankruptcy stay," and said the filing will proceed through the court and be reported in the paper. The attorney also reported separate matters including a $23,500 personal-injury settlement and several FOI and blight-file statistics.

Council discussion did not produce a new municipal allocation for repairs that evening; the attorney's filing was presented as the next legal step.