Board Of Aldermen - Minutes - 12/16/2019 - P28

Burke Street

Purchased for future expansion of Wastewater Treatment Facility

- Explored use of existing structures for DPW site

- Too costly to renovate
- Did not meet needs

Subdivided into two parcels

- Retained 2.5 acres for use by Wastewater Treatment Facility
- Current Value (approx.) of $ 500,000

¢« Remaining parcel to be sold for $3.9 million
- Financial needs met through sale of parcel
- Wastewater expansion needs met by retention of smaller parcel

Time is of the Essence

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