Posted on Tuesday 8 April 2008
The ends are the same, but the means have been changed to accommodate the current political reality.
Since not quite enough members of the Board were willing to invest in the outright acquisition of the 230 Lake Ave. property -with subsequent subdivision- the Aldermen have approved a much reduced expenditure of CPA funds to purchase the portion of wooded land adjacent to the new open space; the waterfront easement; a conservation restriction on the waterfront; and a front facade restriction on the house at 230 Rogers Street.
This transaction would be done in coordination with the current owner- who must complete her negotiations with buyer(s) willing to coordinate with the City on the final reconfiguration and covenants. Several potential buyers have already expressed a desire to obtain the property as redefined for the benefit of the Community (and at a reduced cost to obtain that waterfront address).
This certainly involves more unconventional commitments and cooperation on the part of all parties, but it became the only avenue left- as it reduces the up-front cost and removes the risk of resale- two items that a few Aldermen had based their opposition. We hope that Ms. Sciegienny and the City can agree to this course of action.Many thanks to Ms. Scieghenny, the CPC, the Aldermen and Mayor, and many others, who have stuck with this process in order to allow this opportunity to be sustained.
-and Thanks to all who have communicated your support to the Aldermen.