- Details
- Category: Current Issue
caption, page 2:
Sliver
The Putnam town meeting on the purchase of this spit of land was cancelled while adjustments are made to the purchase and sale agreement. The purchase is only for this bit of land. The parking lot portion of the parcel (across from Cargill Chevy) is not being sold. Linda Lemmon photo.
Town land
purchase
holds for
pact change
By Linda Lemmon
Town Crier Editor
PUTNAM — Because the purchase and sale agreement is not complete, the Dec. 5 hearing and town meeting regarding the town’s purchase of 49 Front St. was cancelled.
Town Administrator Elaine Sistare said the mortgage holder of the .21 acre plot is working on a few adjustments to the agreement including a secondary appraisal.
The current owner of 49 Front Street is SDC Ventures LLC. The parcel, purchased October 2021, contains the parking lot on Front Street behind Saw Dust Coffee House and Dessert Bar II and a tiny spit of land that runs behind the former Chickering, along the railroad track to Union Square.
The lot is to be split. The town would purchase only the thin spit of land next to the railroad tracks, including the old stairway up to the parcel from Front Street (at the railroad bridge). That portion is about 2,000 square feet, Sistare said.
She added the parcel owner is seeking a partial release from his mortgage lender for that portion. SDC Ventures LLC would keep the parking lot.
She said she anticipates that the additional adjustments may take a few months and then it will be brought before the town again, complete.
The town would like to create a small park on the tiny spit, including landscaping and benches. The Gertrude Chandler Warner Boxcar Museum is across the railroad tracks from the parcel.
.