The city is getting set to auction off two parcels of land that became somewhat controversial during the recent budget deliberations.
Mayor James Richetelli Jr. expects the sales to bring in $250,000, $225,000 of which has been calculated into this year’s budget. Other politicians criticized him during budget deliberations for predicting a sales figure, which they said is not a sure thing.
This week the mayor announced the date for public auction for the two single-family building lots, which are in the West Shore area. The properties each are approved for one single-family dwelling.
The auction is set for Friday, June 26, at 11 a.m. in the City Hall auditorium, 110 River St. The minimum bid for each lot, as set by the Board of Aldermen, is $125,000.
People wishing to bid must present a certified or bank check for 10% ($12,500) 30 minutes before the auction.
One of the two properties is at 2 Welton St. and combined with 28 feet of 6 Stone St. The two together produce a lot size 100-by-108 feet or 10,787 square feet in an R-5 zone.
The second parcel is a rear lot on Stone Street, which has a lot size of 15,000 square feet in an R-5 zone.
A copy of the official notice, bidding instructions, general specifications and other pertinent information are available at the city’s purchasing department or from the city Web site, ci.milford.ct.us. Click on “City Departments,” select “Purchasing” and then “Current Bids.”
“The sale of this property will achieve many desirable objectives,” Richetelli said. “[It will] generate much needed revenue to aid the city taxpayers; relieve the neighborhood and the city of vacant lots, which have become dumping grounds as well as places to ‘hang out’; create oversized building lots where attractive, single-family homes may be built, which will add value to surrounding properties; put these properties back on the tax rolls; and create jobs through new home construction.”
“In addition, this will continue to enhance our common goal of revitalizing the Walnut Beach area,” Richetelli added.
Written by Jill K. Dion Original post Click HERE
For further information call 783-3201.
1 comment:
Honestly Folks I had no idea there were 3 police cars parked in front of the house across the street. This image must have been snapped on an exciting day!
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