LAND USE
Subject/Application:
title
Vote upon the following:
"Shall the Town of Ledyard sell the town-owned residential property located at 332 Colonel Ledyard Highway to Leonard D. Sherman for Two Hundred and Eighty Thousand Dollars ($280,000)?".
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Background:
August 14, 2023: The Town received an Offer from Mr. Leonard D. Sherman of 98 Fairy Dell Road, Clinton, to Purchase 332 Colonel Ledyard Highway for $280,000. (See attached Purchase and Sales Agreement).
In accordance with Connecticut General Statutes 7-163e a Public Hearing was required for the sale or transfer of town-own property.
Also, in accordance with Chapter VII; Section 9 of the Town Charter a Special Town Meeting was required at which the Townspeople would be asked to vote on the sale of 332 Colonel Ledyard Highway.
Planning & Zoning Commission- August 10, 2023: Conduct an 8-24 Review of 332 Colonel Ledyard Highway in preparation to sell the residential property and voted favorably to sell the property.
Land Use/Planning/Public Works Committee- August 7, 2023: Requested the Planning & Zoning Commission conduct an 8-24 Review of 332 Colonel Ledyard Highway in preparation to sell the residential property.
Town Council July 26, 2023 Meeting: Authorized the Mayor to enter into a Real Estate Listing Agreement for the sale of the house located at 332 Colonel Ledyard Highway.
In preparation for the sale of 332 Colonel Ledyard Highway it has bee requested that the Planning & Zoning Commission conduct an 8-24 Review.
Public Hearing - January 10, 2018: To Lease the residential property located at 332 Colonel Ledyard Highway. In June 2017 the Town acquired the residential property hru a foreclosure for back taxes owed.
Because there was a title issue regarding the boundary line the Town did not have a clear, saleable marketable title at that time. Therefore, the town has been leasing the house for about $15,600 in rent per year, until they could get the title issue resolved, at which time t...
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