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Committee cancels prior commitment to former Gun Block owner to clear way for new owner funding
Summary
The committee voted to cancel its outstanding commitment to the former owner of the Gun Block at 477 State Street so the city can execute a new $250,000 commitment to the new owner; the building is a long-vacant, deteriorated historic commercial structure.
The Community Preservation Committee moved to cancel the outstanding commitment to the former owner of the Gun Block (477 State Street) so the city can free the previously reserved funds and contract with the new owner.
The committee recounted the building’s history: stabilization funds were provided in earlier CPA rounds, the state of deterioration led to former owner nonperformance, and ownership recently changed. Chair Bob McCarroll noted that a Connecticut developer who previously bought the building "never did anything," and that the city council last night approved a $250,000 commitment to the new owner.
Committee members moved and seconded a motion to cancel the commitment to the former owner, identified in the record as Thomas Napolitano; the motion passed with recorded yes votes from members present. The committee instructed staff to proceed with the administrative steps required to free the earlier commitment and finalize contracting with the new owner.
