At the January 3, 2018 organizational meeting of the Town Board, the board adopted two resolutions relating to Shadow Pines. The first was to authorize a contract with BME Associates for land surveying services relating to the acquisition of the property. The second resolution was to provide for holding a special Town election to be held on Tuesday February 27th to vote on two propositions for the approval of bond resolutions authorizing the acquisition of all the Shadow Pines properties.
As of today, January 5th, the Town and the Seller have a signed Letter of Intent and continue good faith negotiations for a Purchase and Sales Agreement acceptable to both parties. I will share further updates as more details become available.
~R. Anthony LaFountain, Penfield Town Supervisor