Tuesday, May 6, 2008

Possible 4 Corners Bldg/Land Sale

From the Franklin Finance Committee meeting 5/6/08, Town Administrator Jeff Nutting provides an update of the upcoming discussion at the Town Council meeting 5/7/08. WalGreen is offering $2.5 million for the land which if approved would net the town approx. $1.1 million for use on another capital asset (i.e. another building or payoff of debt for another building, firestation or Senior Center come to mind).

Time: 4 minutes, 32 seconds

MP3 File

Note: Capital revenues of this sort can not be used for operational expenses.

No comments:

Post a Comment