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Cohasset EDA submits counteroffer to USPS, readies adjacent rental to support facility updates
Summary
The Cohasset Economic Development Authority reported it has submitted a counteroffer to the U.S. Postal Service aimed at retaining the post office in town and is preparing an adjacent rental agreement with proposed rent of $365 per month to help fund facility updates; the EDA is awaiting a USPS response.
The Cohasset Economic Development Authority reported at its Jan. 6 meeting that it has submitted a counteroffer to the U.S. Postal Service intended to keep postal operations in town and asked USPS to cover a commission it previously attempted to charge.
An agreement for adjacent rental space next to the post office is being prepared for review by city attorneys, with the proposed monthly rent set at $365 — described in the minutes as roughly $1 per square foot. The rental is intended to boost EDA revenue in combination with an anticipated USPS lease increase and to help fund updates and enhancements to the facility. The minutes note there has been interest from potential renters.
No final decision has been reached; the EDA said it is awaiting a response from the Postal Service and that the adjacent rental agreement will undergo attorney review before execution. The EDA did not assign a specific timeline for a final lease decision at the meeting.
