12.22.2021 Redevelopment Authority

Fall River Government TV Dec 23, 2021 YouTube Report Issue

The Fall River Redevelopment Authority convened on December 22, 2021. The primary discussion revolved around the approval of an appraisal proposal for 45 Anawan Street, specifically concerning the inclusion of a solar component appraisal. Executive Director Sarah Page explained the difficulty in finding appraisers and the complexity of the site, which required three separate valuation scenarios. Board member Joan Medeiros expressed concerns about the high cost of the proposal, which did not initially include the solar component, and the lack of a clear timeline for obtaining necessary information from Liberty Utilities. Counsel John Coughlin advised that two appraisals of the real estate, each with a solar supplement, would likely be required by DHCD, and offered to assist in expediting information from Liberty Utilities through Peter Celino. Ann Keene also raised a point about Liberty Utilities appearing before the Historic District Commission regarding demolitions, which could introduce a six-month delay. Ultimately, the board decided to table the appraisal proposal until the January meeting, pending further information gathering on the solar component and potential alternative appraisers. In other business, the board unanimously approved the MAS Building and Bridge City Pier Construction Requisition Number Two. They also discussed, but did not formally vote on, a City Pier change order for the installation of a water meter enclosure, with an estimated additional cost of $25,000, agreeing in principle to pursue it.

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