FARMINGTON — A special town meeting to vote on purchasing a Church Street property will be held at 7 p.m. Tuesday, June 23, at the Community Center on Middle Street.
The proposal includes razing the four-unit apartment building, the former James F. Murphy estate at 112 Church St., and making a parking lot for 28 vehicles.
The building is on the market for $79,000 and would require extensive work to bring it up to codes.
Estimates for demolition and design work for drainage could bring costs up to about $180,000.
Officials expected to use funds from the Downtown Tax Increment Financing Reserve Account for the purchase, but there is only about $42,000 available.
One option would be to move funds from the Franklin Printing TIF account or wait till the town receives the tax commitment and use the $42,000 plus whatever value has been added to the downtown district.
The Downtown TIF Advisory Committee thought it was a valuable project and a strategic place for a parking lot, Joshua Bell, board chairman and committee member, said earlier this month.
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