Town may seek conditions to releasing Fayville Hall rights (Updated)

Select Board is looking to do "due diligence" and considering conditions based on Right of First Refusal for 40-42 Central Street

The Select Board will quickly seek more “due diligence” before deciding on whether to release the Town’s Right of First Refusal (ROFR) to purchase Fayville Hall at 40-42 Central Street.

Town Boards and Committees have been asked to notify the Board by this Friday of any interest they have in the  property.

When the Select Board follows up next week, they are likely to vote to release their rights, but may seek to condition that on extending the Town’s ROFR if the property is sold again. Read the full article → from Town may seek conditions to releasing Fayville Hall rights (Updated)

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