The Herald reports, “Any prospective developer must demonstrate they can secure financing of $100,000. The minimum purchase price is $40,000.”
New Britain Historical Society President Amy Kirby told the The New Britain City Journal.
“The City was originally asking $20,000 and we were struggling to raise that amount and $40,000 is nearly impossible.
“This was done as a deliberate, malicious attack against me,”
Bristol has a much more promising Historical Society. The city gave BHS the current building on Summer St. for $1.
Ellen Zoppo-Sassu who is active with the Bristol Historical Society said.
“The BHS had been searching for a permanent home for a few years after the owners of the homestead graciously gave us much advance notice that they wanted to sell their parcel. Several options were investigated including other homestead properties in various locations in the city.
Then BHS President Frank Johnson approached the city about the BHS taking over the building and eventually the transaction was done for $1 and the understanding that all improvements and code updates were on BHS.
We felt that the BHS was probably the only entity that was prepared to tackle this project and save, restore and rehabilitate the historic building. Through a combination of a starting DECD grant of $200,000, reserve funds, and an aggressive grants program, we have put over $850,000 into the building and now have a vibrant cultural hub that straddles both the downtown and Bristol’s historic Federal Hill neighborhood.