Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate topic
No spam. Unsubscribe anytime.
Board discusses appraisal, possible $95,000 offer for bowling property
Summary
Board members said a recent appraisal was completed for the bowling property (noted June 22 in the discussion) and discussed raising an offer from $80,000 to about $95,000 if the tenant is provided with a copy of the appraisal.
Board members discussed the appraisal and potential purchase price for the town's bowling property.
A committee member said the appraisal was completed and recommended splitting the difference between the seller's number and the town's offer. Members referenced an $80,000 starting figure and discussed raising the offer to about $95,000 conditioned on providing a copy of the appraisal to the tenant.
No formal purchase authorization or appropriation was recorded at the meeting; the board asked that the appraisal be supplied and that staff proceed with negotiating terms before any final vote.
