Special Auburn council meeting to ratify Gooseberry sale

AUBURN — Councilors will clarify their support for Bedard Pharmacy's planned Minot Avenue operation Monday.

The City Council has scheduled a special meeting at 5 p.m. Monday to sign closing documents, transferring the old Gooseberry Barn property at 359 Minot Ave. to the pharmacy group for $450,000.

Councilors approved the sale in August and tax incentive package in September. According to the August decisions, councilors directed the city manager to negotiate and sign the sale documents.

"But the attorneys for the bank have said they want something a little more formal," said Roland Miller, Auburn's economic development director. "They're asking the council to essentially sign the deeds and formally approve the deal."

The meeting was put together Thursday, and Miller said he has talked to five of the seven city councilors. All five are expected to attend the special meeting.

"So we have a quorum," he said. "I'm not expecting a very long meeting, just enough to basically confirm and clarify what they've already agreed to."

Councilors approved a six-year tax increment finance package in September to help the company move its home office to the old Gooseberry Barn site. The finance district would return $202,240.91 of the projected $505,602 in property taxes the pharmacy would pay through 2017.

The city took over the 3.8 acre lot in 2007, paying $625,000.

The company plans to relocate its corporate headquarters to Auburn, adding a small retail pharmacy store on the first floor and an area to customize prosthetics and medical equipment.

staylor@sunjournal.com

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Comments

concerned KD's picture

Is the city council really

Is the city council really acting in the best interest of the tax payers here???? Sounds like the tax payers are getting ripped off and the bank knows it. Why else would they want something more formal... Something is wrong here...

Pirate's picture
verified

Sounds like a Lewiston deal,

Sounds like a Lewiston deal, but then, they have their own shady deals don't they?

Ben Dare's picture

Spot on Pirate! Or was that

Spot on Pirate! Or was that the bird talking?

Ben Dare's picture

Kind of late to approve given

Kind of late to approve given the amount of construction already taking place on the property by folks hired by Bedards....oops...

007's picture

OH, by the way

Oh by the way. Prescription drug abuse among young people is rising faster than illegal drug use. So let's put a drug store (crack house)in the parking lot of the school. What a bunch of idiots. Were the other potential buyers plans for the use of this property really that bad?

Ben Dare's picture

Could have given it to

Could have given it to Cumberland farms years ago, no wait they sell liquor and lottery...hmmmm

007's picture

Okay....so

Okay...so let me get this strait. We (the tax payers) bought the place for $625,000.00 paid to tear down the old buildings,planted bushes,moved some big rocks around. kept it nice looking and presentable for sale. Now we are selling it for $450.000.00 ($175,000.00 LOSS) giving back $202.000.00 of collected tax money.
The city cut police security at the schools,cut the spring clean up program,want to snow plow the streets on a limited basis, shut down on fridays to cut expenses, re evaluate our property and raise taxes,raise fees for water and sewerage.
WHY ARE WE GETTING IT TUCKED TO US? The bank even want clarification of this STUPID deal......LOL. AS taxpayers of the shitty of Allwaysburned what is in this deal for us? And please no repsonses from saying that we are doing it to dump distressed property.....WE SHOULD NOT HAVE BOUGHT IT FOR SO MUCH MONEY.......THERE WERE SEVERAL OPPORTUNITIES TO SELL IT BUT THE CITY PUT SO MANY RESTRICTIONS ON IT'S USE AND IT BECAME TOXIC.
When will this screwing of the tax payers end?

Pirate's picture
verified

"When will this screwing of

"When will this screwing of the tax payers end?"
When you start voting the democRATS out of office, and start holding their replacements accountable for everything they do, with constant reminders that they're working for us, not us working for them. Then the screwing will end; or, at least, they'll be self-inflicted.

apdlt1's picture
verified

Sorry for the misspelling. Desgrosseilliers

Sorry for the misspelling. Desgrosseilliers

apdlt1's picture

Well, we took a beating on

Well, we took a beating on this one. With the purchase price, the money the city has put into it, the lost tax revenue for the past three years, and the TIF return, we must have a million dollars in it, and are getting $450,000.00 for it. The only ones that made out in this deal were the Desgrossiers. Good for them.

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