The Village of Wilton plans to buy a property at 702 Walker St., for which it had started condemnation proceedings last month, and resell it to Wilton Properties, LLC (Dan Buchholz).
At its meeting Monday, the board agreed to purchase the home owned by Adam and Tracy Wallace for $13,000, which would cover unpaid taxes and utilities. The price to Wilton Properties will be $4,000.
According to an agreement that will be presented to Buchholz at closing, Wilton Properties must demolish all buildings on the property by Nov. 30, 2020, and build a structure at an assessed value no less than $100,000 by Dec. 31, 2023.
Other business
The board approved the following loans and grants from its facade-improvement program:
• Wilton Properties (Dan Buchholz), $15,000 — $2,500 grant, $2,500 matching funds, $5,000 loan paid after 15 years, and $5,000 loan to be repaid after completion of porch and siding on the front and side of building at 504 Main St.
• Thayer Properties (Sid Thayer), $10,265 — $2,500 grant, $2,500 matching funds, and $5,000 loan paid after 15 years, with option of repaying $265 six months after installing exterior doors at 311 Main St.
• Randy and Lynn Evans, $4,700 — $2,350 grant and $2,350 matching funds for new roof and siding at 401 Main St.