MOTION to authorize the Mayor to enter into a Real Estate Listing Agreement for the sale of
the single family house located at 332 Colonel Ledyard Highway.
4.
Moved by Councilor Saums, seconded by Councilor McGrattan
Discussion: Councilor Saums provided some background explaining in 2006 the 96.52 + acres
Founders Preserve property was subdivided into a 36-lot subdivision with a new road and
approximately forty new drainage structures. He stated because the road was never constructed
none of the building lots were sold. However, he stated the property was zoned R-60 and tax bills
were generated for the 36 approved building lots. He continued to explain because of unpaid
taxes the town foreclosed on the property around 2016. He stated at a Special Town Meeting
held on October 28, 2020 the Townspeople voted to transfer/convey the parcel to Avalonia Land
Conservancy. However, he stated with the new boundary lines the Developer made for the
planned Subdivision, the property was essentially landlocked, and Avalonia Land Conservancy
has not been able access the property; therefore, the property transfer has not yet been
completed. He stated the Town has since corrected (or restored) the boundary lines to their
original lines. He stated with correcting the boundary lines, the street address of the former
Founders Preserve has become 334 Colonel Ledyard Highway and the adjacent property with the
house on it has reverted back to its original address of 332 Colonel Ledyard Highway. He noted
Avalonia Land Conservancy paid for the site plan and survey.
Councilor Saums went on to explain that the Town acquired the house at 332 Colonel Ledyard
Highway thru a foreclosure in June 2017. He explained because there was a title issue regarding
the boundary line the Town did not have a clear title at that time; and has been leasing the
house for about $15,600 in rent per year, until they could get the title issue resolved, at which
time the town planned to dispose of/sell the house. He stated the site plan and survey has been
completed, and the boundary lines have been corrected, so that the detached garage was now
within the property boundary lines of 332 Colonel Ledyard Highway, and therefore, the property
was ready to be sold.
Councilor Saums continued by noting the smaller parcel to the north of the Founders Preserve
property was part of 334 Colonel Ledyard Highway. He stated the same Developer owned this
house; which the Town also acquired thru a foreclosure. He stated because of the condition of
the house it was condemned and the town has obtained the demolition permit and quotes to
demolish the structure. He stated the Mayor has been reporting on these properties at previous
Town Council Meetings, (January 25, 2023; March 8, 2023; April 12, 2023; April 26, 2023;
May 24, 2023; June 14, 2023).
Councilor Saums stated the house located at 332 Colonel Ledyard Highway has been cleaned
out. He stated a Market Analysis for the Valuation of the property has been conducted; and the
offering price would be 255,000. He stated selling 332 Colonel Ledyard Highway would allow
the Town to recoup most of the unpaid tax dollars and the blight lien fees ($277,000) associated
with the properties, while also removing the Town as a Landlord, and getting the home (332
Colonel Ledyard Highway) back on the tax rolls.
Councilor Saums concluded by noting at the July 19, 2023 Finance Committee meeting there
was a question regarding how the town selected the real estate broker to handle the town’s
business for the sale of 332 Colonel Ledyard Highway. He noted that Mayor Allyn explained for
the previous sale of a commercial piece of property that he selected a commercial practitioner,
who was not in-town. However, he stated for residential properties, the Mayor has been using