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Town, conservation commission weigh legal and fundraising options for 100-Acre Wood property
Summary
Officials reported draft reconciliations showing combined taxes, interest and costs of about $248,186 for the Pettengill/100-Acre Wood property and discussed conservation-commission fundraising plans to try to retain the land; staff recommended legal counsel on possible negotiations or foreclosure steps.
Town staff briefed the select board on the status of the 100-Acre Wood and Pettengill tax-acquired property, presenting draft figures and a proposed conservation commission fundraising plan.
Staff said the current draft combined total of taxes, interest and costs is about $248,186; an appraisal returned a value of $515,000. Staff noted the numbers are preliminary and that reconciliations with attorney invoices…
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