WILLIAMSTOWN -- Selectmen unanimously voted this week to sign a purchase and sale agreement with The Spruces Mobile Home Park's owner, Morgan Management LLC.
The agreement between the town and the Pittsford, N.Y.-based company brings the town one step closer to acquiring the park and relocating the current 66 Spruces households to "descent, safe and sanitary housing," as required by the $6.13 million Federal Emergency Management Agency Hazard Mitigation Grant awarded to the town.
Representatives from Morgan Management must now sign the agreement, Town Manager Peter Fohlin said.
"Ultimately, this agreement would have to be approved by a town meeting of the town's voters, because it involves the acquisition of real estate," he said at Monday's meeting of the Selectmen.
Under the agreement, Morgan will receive $600,000 in compensation for their loss from the park, which lies in a 100-year floodplain bordering the Hoosic River.
Households would be compensated up to $22,500, for a total of $1,485,000. An estimated $418,300 would be used to demolish buildings on the 114-acre site, which was heavily damaged by flooding during Tropical Storm Irene in 2011.
Morgan will issue a notice to park residents with an offer of first refusal -- their legal option to match the purchase price -- within five days, Fohlin said. Park residents will have 45 days for 51 percent of residents to accept it, he said.
In other business Monday, Selectmen:
* Received an update from Fohlin on alcohol compliance checks. The town manager said the Williamstown Police Department conducted alcohol identification compliance checks on July 29. All of the 21 licensed establishments that were open passed when two minors attempted to purchase alcohol, he said.
* Set a public hearing for Sept. 9, at 7:05 p.m., for the application and transfer of a wine and malt beverage license from Saigon Vietnamese Cuisine, at 66 Spring St., to Korea House.
* Accepted the resignation of Mary Kavanaugh from the Cable Advisory Committee. Officials thanked Kavanaugh for her service and encouraged residents to volunteer for the committee's two open seats.
-- Edward Damon