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Kensington reports purchase of 10528 St. Paul Street; plans for adjacent acquisition for public works site

Town of Kensington Town Council · November 13, 2024
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Summary

The town acquired 10528 St. Paul Street on Nov. 1, 2024 for $1,010,000 (plus closing costs) under Ordinance O-01-2024; ServPro will vacate in January 2025 and the town plans to purchase 10526 St. Paul Street to site a new public works facility.

The Kensington Town Council recorded that the Town acquired 10528 St. Paul Street on Nov. 1, 2024 under Ordinance No. O-01-2024 for $1,010,000 plus additional closing costs. Town Manager Hoffman said the property is leased by ServPro, which plans to relocate to 3925 Plyers Mill Road in January 2025.

Hoffman said the Town intends to acquire the neighboring parcel at 10526 St. Paul Street and use both properties to establish a new public works facility. The council did not take a new vote on the acquisition at the Nov. 13 meeting; the acquisition of 10528 St. Paul Street was reported as completed under the cited ordinance.

Details not specified in the meeting record: exact closing-cost amounts and schedule for acquiring 10526 St. Paul Street. The Town referenced Ordinance O-01-2024 as the authorizing instrument for the completed purchase.