---------- Forwarded message ----------
From: BOA Clerk <boa......@cityofshelton.org>
Date: Feb 26, 2008 12:51 PM
Subject: Feb. 14 BOA Regular Meeting Motions - Item 11.7 Purchase of

Property (Subject to 8-24 Referall)
To: (NAME ADDRESSES DELETED BY TOMH TO AVOID SPAM)

Board of Aldermen

Shelton, Connecticut

*Regular Meeting *

*Thursday, February 14, 2008*

To: Sandy Nesteriak, Ray Sous, Cyndee Burke, Tom Harbinson, Lou Marusic,
Sharon Scanlon, (Teri McGehan – Robinson & Cole), Rick Schultz, Bob Kulacz

*11.7     **Purchase of Property (Subject to 8-24 Referral)***

* ***

Alderman Papa MOVED to approve a contract between the City of Shelton and
the Huntington Development Group, LLC for the purchase of real property
known as 279 Soundview Avenue, Shelton, Connecticut, for a price of
$2,224,500; with a gift from the seller of $100,000 for a net price of
$2,124,500; with initial funding of $700,000.  $200,000 is to come from the
Open Space Account and $500,000 is to be provided by bonding pursuant to
Section 7.16 of the City Charter; and further,

MOVED to authorize Mayor Mark A. Lauretti to execute any and all documents
to effectuate same, subject to review by Assistant Corporation Counsel, and
further, subject to a favorable 8-24 referral from the Shelton Planning and
Zoning Commission; and further,

MOVED to appropriate the amount not to exceed $500 for a title search and
$3,889 for title insurance with funding to come from the Open Space Account;
SECONDED by Alderman Finn.  A voice vote was taken and the MOTION PASSED
8-0.

--
Thomas Harbinson
T: 203.736.9249 x11
F: 203.732.5780