2019.02.25 Council Agenda Item 10
Summary
Order to authorize the Town Manager to enter into a Purchase and Sale agreement on 45 acres of land abutting the Falmouth High School property.
A public comment period will be included with this item (3 minutes per person).
ACTION: Council action is anticipated.
Description
The Town Council has met in executive session to negotiate a price to purchase 45 acres of undeveloped land that abuts the Falmouth High School. One previous executive session included the School Board. The property is located at the intersection of Field and Woodville Roads and would provide for future expansion needs of the Falmouth School Department. There is very little available undeveloped land that abuts the Falmouth School Department Campus and, while there are no current identified needs for this property, the Town Council has expressed interest in its value for the future.
Part of the transaction would be conditioned upon the seller securing subdivision approval from the Planning Board for the portion of the property that abuts Field and Woodville Roads. The attached documents describe the layout of the proposed subdivision.
On January 24, the Seller’s attorney submitted to the Town several proposed amendments to the Purchase and Sale agreement. The Town Council reviewed these in an executive session at the conclusion of the public meeting on January 28. Changes to the P&S are identified in the attached document.
