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Town confirms plan to occupy 892 Route 35 for offices; purchase price and financing steps discussed
Summary
The board said it agreed in prior meetings to move forward with purchase of 892 Route 35 in Cross River to house town offices; the building includes ADA features, roughly 18–19 parking spaces, and financing will be determined by bond counsel and possible use of fund balance.
The Lewisboro Town Board confirmed at its May 27 meeting that it has agreed to proceed with purchase of 892 Route 35 in Cross River for use as town office space.
Board members said the three-story (?) office building includes an elevator and accessible restrooms; the meeting record noted about 18–19 parking spaces with room for expansion. A purchase price was read into the record during the meeting; the figure cited by the board was presented as $2,222,500. Town officials said they are coordinating with bond counsel to prepare a bond resolution in case borrowing is needed and indicated the town will consider a mix of fund-balance and debt financing to keep taxes and debt service low.
Board members also discussed that the building’s configuration may not include a large community room suitable for senior programming and that the town will identify alternative community-space options as it completes planning. No final financing vote occurred at the meeting; staff said financing details will be worked out prior to closing.
