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City of Milford Purchases Main Property

Posted on: January 28, 2016

At the January Board of Education meeting, the Board approved the City of Milford’s offer to purchase property upon which Main is located (525 Main Street) after demolition and abatement from the district.  The city will pay $360,000 for the property, which covers the price of teardown and demolition.  The building is expected to be demolished sometime this winter.

“Milford Main has served our community well for over 100 years. We have exhausted all of our options.  We have spent years reviewing recommendations and brainstorming ideas and have continued to tour people through Main, but have not received a viable offer. We are pleased to offer this option since the property will go back to the city for community use and return the property to the residents of Milford,” Dr. Farrell said.

 The district is currently processing contracts, bonds, insurance and other paperwork needed to begin the abatement and demolition process, which is expected to be completed in about two weeks. Abatement will occur first and will last approximately a month. When that is complete, the demolition will begin and will take 4-6 weeks to complete.

We are salvaging 500 bricks that will be made available through the Milford Schools Foundation.  Details of that process are still in the planning stages and will be communicated when plans are finalized.

“This is the most reluctant decision I have made since I have been on the Board. We didn’t have any good options. The tremendous cost and return on investment in the building would not have been acceptable. I am happy that the Main property is staying in the public domain,” Board President, Gary Knepp shared.

More information on Milford Main can be found under the Operations Department.