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Springfield completes transfers Rutland Herald | January 31, 2017 By SUSAN SMALLHEER STAFF WRITER Springfield Town Manager Tom Yennerell stands in front of two downtown buildings that were acquired by the town last week as part of its revitalization plan. SUSAN SMALLHEER / STAFF FILE PHOTO Springfield Town Manager Tom Yennerell stands in front of two downtown buildings that were acquired by the town last week as part of its revitalization plan. SUSAN SMALLHEER / STAFF FILE PHOTO SPRINGFIELD — Springfield is the proud new owner of two downtown buildings the town says are keys to its Main Street revitalization plans. Town Manager Tom Yennerell said Monday that the purchase of the two buildings, one at 5-7 Main Street and the other at 9-11 Main Street, was completed on Friday. The closing ended about a year of negotiations between owner Christopher Mason and the town. The two buildings are locally known as the Springfield Bakery building and the Visiting Nurse building. Yennerell said the town plans to tear down the VNA building to open up views of the Black River and the Comtu Cascades falls. What will happen to the bakery building will be decided by spring, he said. He said the purchase price was $190,000 and that the money came from an old revolving loan fund account that had been inactive for about 20 years. “He did OK,” Yenerell said of the purchase price. Yennerell said now that the properties are in the town’s hands, the actual plans for the buildings will be finalized. “We would like to thank Chris Mason for working with the town to make the ownership transition smooth,” he said. “Chris has an emotional attachment to the buildings, as he improved them and then maintained them for years,” the manager said. “His original goal when he purchased them was to make them flagships for downtown Springfield. Now the town will continue with that goal,” he said. Mason has 45 days to remove his belongings from the two buildings, the manager said. Mason was living in a section of the Visiting Nurse building and stored possessions on the third floor of the bakery building, Yennerell said, adding that there are also rented apartments in the bakery building. Yennerell said the town’s downtown consultant is working on plans that include the two buildings. The Visiting Nurse building is structurally unsafe and sits on the banks of the Black River. The bakery building is listed as part of the town’s downtown historic district as well. The town could find a developer for the bakery building, he said, or tear it down and create additional parking or more green space. Yennerell said Mason still owns the Parks & Woolson manufacturing plant on the other side of the Black River. He said the town would not purchase Parks & Woolson, despite its key location. “We don’t have the money,” he said. Yennerell said the town did an environmental assessment of the two buildings it purchased and the study showed the buildings were “clean” and free of any toxic pollution.
Good! Looks like proud owners of that dead black Ford truck too
ReplyDeleteCongratulations!
ReplyDeletetown should be proud,wasting money on these building's,when there is so much more to be done in town
ReplyDeleteWe will have to pay taxes on this - something taken away from the Grand List means our portion increases...... Would the town take a budget cut to offset this?
ReplyDeleteWhy is it that we get to vote on buying and tearing down a building near Union st. School (quite a bit less money) but yet the town fathers find a way to purchase these properties on main st. (for more money) without a vote? Wait till the town try's to tear down the VNA building in the rear and the State Water Resources makes the town spend a small fortune keeping demolition material out of the river!
ReplyDelete@ 6:18 Here's something your and others in the community need to understand. Blight has already destroyed the grand list within the downtown area. Commercial property values are next to worthless. Like a malignant tumor, removing the most diseased is the best option for survival. These decrepit buildings are of no historical or architectural significance. They are a liability to the entire community. However, it would have been my choice to fine the property owner or seize the buildings as a zoning violation. The $190K purchase price is but a fraction of the cost to raze, dispose and landscape the sites. With any luck, someone will burn the rest of the eyesores.
ReplyDeleteThe fact is, there's some $80 billion in privately held untaxed property in the state which, if taxed, would ease a lot of school budgets.
ReplyDeleteAnother fact is that the town will likely float a bond in order to pay for the conversion of those lots into a park. Municipal bonds are tax-free, which means that people who have enough money left over in their annual income to invest in such a bond will put us Springfield taxpayers on the hook to give them even more tax-free money, thus widening the income gap even further.
A third thing is that creating this park will most likely cause an appreciation of 8% in surrounding property values within 5 years-- which means the money we put into making it happen will produce a profit for us over the long run.
I'm curious Chuck, just where are these properties, and who owns them? Are there any in town we should know about? I'm serious.
DeleteGreat view possible...the parks and woolson derelicts...idiots
ReplyDeleteI agree, but it makes the view FROM the Parks and Woolson building better. Maybe good enough for riverfront condos, which would benefit the downtown area as a whole.
Delete1:40 That p and w building should be removed at the same time. Or at least the town should hire someone to make a big piece of art to hang on it.
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