Friday, May 23, 2008

"the remainder can be directed toward any number of capital items"

GHS
Posted May 22, 2008 @ 09:26 PM

FRANKLIN —

Town Council voted 8-1 Wednesday to sell the former Four Corners School to Walgreens for $2.5 million.

Councilor Robert Vallee abstained from the vote.

The vote authorizes Town Administrator Jeffery D. Nutting and Town Attorney Mark G. Cerel to enter into a purchase and sales agreement with Arista Development LLC of Norwood, which is proposing the Walgreens Pharmacy.

Arista, which has developed several Walgreens across the northeast, including one in Bellingham, was the only bidder for the town-owned property at the intersection of King Street and Rte. 140, Nutting has said.

Though the council has agreed to the sale, Arista must still obtain various permits from the Planning Board, Council Chairman Christopher Feeley said Wednesday.

"In the past, I have fought against selling" town-owned property, said Councilor Scott Mason, adding that he voted for it in this instance to help improve the town's finances.

"I don't think it's fair to keep asking people to dip into their pockets," he said, cautioning that people should be clear about how the $2.5 million can be used.

"(Some) residents have a misguided sense of what we can and cannot do with the money. It cannot go into the operating budget, it can't be used to hire teachers or new DPW workers," Mason said.

Read the full story in the Milford Daily News here

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