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After executive session Selectboard authorizes counsel to set Basketville property valuation at $850,000

Putney Selectboard · October 29, 2025
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Summary

Following executive session under 1 V.S.A. § 313, the Selectboard authorized town counsel to enter an agreement setting the Basketville property's valuation at $850,000 for 2024–2026.

The Putney Selectboard convened an executive session on Oct. 29 for confidential attorney-client communications and real estate negotiation. After returning to open session, the board authorized town counsel to finalize an agreement valuing the Basketville property at $850,000 for tax years 2024 through 2026. Fletcher Proctor moved the authorization and Peg Alden seconded; the motion passed.

The board recorded entering executive session under 1 V.S.A. § 313 and described the legal and negotiation topics as falling under that statute. No further public details about the agreement were provided in the meeting minutes.