Community Corner
Middlefield Closes on Powder Ridge Sale
The finalization happened one year to the date of the sale of the property to Sean Hayes.
The below posting is a press release submitted by Middlefield First Selectman Jon A. Brayshaw.
Friday, September 13, 2013
Following nearly eight years of ups and downs gives and takes and many overwhelming (unambiguous) votes of the people, the final chapter in the Powder Ridge story is now history.
The closing took place on the 19.67 acres on Powder Hill Road, one year to the date of the Powder Ridge Ski Area sale. The people voted to buy and they voted to sell what had been the ski area for 50 years.
The voters saw with clarity the need to save and restore one of the town's prized occupants. They saw taxes; they saw jobs; they saw a financial nosebleed going away; they saw fun; they saw open space; they saw agriculture; they saw spin-offs; they saw pride; they saw the town's fabric restored and a new exciting chapter in our history book.
On behalf of the administration I want to thank the voters for making their instructions clear at every turn. WE received exactly what the property was worth and we have already paid off nearly $800,000 of our loan.
Taxes on the property will soon kick in and many of our folks will be driving to a real job in the morning. Lets now let free enterprise pick up where we left off.
Friday, September 13, 2013
Following nearly eight years of ups and downs gives and takes and many overwhelming (unambiguous) votes of the people, the final chapter in the Powder Ridge story is now history.
The closing took place on the 19.67 acres on Powder Hill Road, one year to the date of the Powder Ridge Ski Area sale. The people voted to buy and they voted to sell what had been the ski area for 50 years.
The voters saw with clarity the need to save and restore one of the town's prized occupants. They saw taxes; they saw jobs; they saw a financial nosebleed going away; they saw fun; they saw open space; they saw agriculture; they saw spin-offs; they saw pride; they saw the town's fabric restored and a new exciting chapter in our history book.
On behalf of the administration I want to thank the voters for making their instructions clear at every turn. WE received exactly what the property was worth and we have already paid off nearly $800,000 of our loan.
Taxes on the property will soon kick in and many of our folks will be driving to a real job in the morning. Lets now let free enterprise pick up where we left off.
Jon A. Brayshaw
First Selectman
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