ECONOMIC DEVELOPMENT COORDINATOR’S REPORT
5/15/08
Submitted by Joe Seacrist
- The building has a=
total
of approximately 43,818 sq. ft. and sits on 8.44 acres of industrial l=
and.
- The owner is still
insisting on his price, while the buyers believe the value is much les=
s.
-
-
- They plan to adv=
ertise
again for available properties, but have currently identified some
potential sites. They be=
lieve
that advertising again will give property owners in town an additional
chance to respond to the request for properties.
- The Watertown Police
Commission is not completely satisfied with the suggestion of a blinki=
ng
sign when trucks are leaving the property, so Tamarack is now trying to
get permission from the state DEP and a local property owner to remove
parts of their property on Echo Lake Road in order to improve the site
lines for their entrance and exit.&nb=
sp;
- to
re-structure their debt and try to survive the current credit crunch.<=
span
style=3D'mso-spacerun:yes'> Lines of credit have either b=
een
greatly reduced or eliminated thus putting a cash-flow strain on these
companies. The EDC has b=
een
working with them to help as much as possible.
-
remediating 22 acres on Echo Lake
Road has received a cease and desist order from the Town, and apparent=
ly
have honored it. They ha=
ve
asked P&Z for a 90 day extension in order to respond to
P&Z’s requests.
-
-
- Lighting issues on the BMW pr=
operty
and the resolution of a dispute with a neighboring land owner is holdi=
ng
up final approvals.
- There is currently an older b=
lue
house on the property, which is one lot away from the intersection of =
Bunker Hill and Straits.
-
-
-
-
- The previous owner of record =
was
OZZI II Realty LLC.
- &=
nbsp;
Signs have been posted on the retaining wall in front of the
Library and on the fence at Deland Field. In addition sandwich boards h=
ave
been placed on Main S=
treet
in front of the Library.
Thanks for all the hard work goes to Lisa Carew and her staff.<=
/li>
- =
It is
now live on the Town web-site.
-