Thursday, October 17, 2013
Updated: The Town has entered into a contract with an unknown buyer on the Berry House, also known as the Teacherage, according to Lisa Wallace, director of administrative services.
The Town would not name the buyer or the sale price, citing its right to protect the seller according to the Freedom of Information Act.
She said the sale is “not settled yet,” as it is contingent on Town Council approving two motions regarding the sale.
Both motions – to authorize the sale of the house, and to rezone the property from public lands to single family residential – were presented to council at their October meeting last week.
The motions were approved unanimously, but must be approved again in a second and final reading before the Town can move forward with the sale. Those readings will take place during its November meeting.
In the meantime, the Town Planning Commission will hold a public hearing Oct. 21 to discuss the property.
A closing date for the sale will be set immediately after the motions are approved, probably the day following the meeting in November, Wallace said.
The Town purchased the property in 2008 for $700,000, with an original intention of using it as an event space. However, after realizing the full cost of that endeavor, including repairs, furnishings and making the building handicap accessible, the council announced its intentions to sell the property via a vote in October 2012.
Continue to check this website and next week’s editions of The Journal Scene for updates.