Second offer made for purchase of former Dexter schools

By Diana Bowley, BDN Staff
Posted Sept. 08, 2011, at 11:16 p.m.

DEXTER, Maine — Just minutes after the Town Council voted Thursday to meet next week to accept a $162,500 offer for the purchase of the former Dexter Primary and Middle Schools, another offer was submitted for the property.

Until Thursday, Greg Lovely of Warehousing Properties in Newport was the only person to submit a bid for the purchase of the property, which includes the connected schools and 1,200-foot frontage on Lake Wassookeag. Lovely recently signed a $162,500 purchase and sales agreement for the property which was advertised by the town for $500,000.

The new offer submitted by Gerry Marshall, who operates Gerry’s Used Cars in Corinna, was for $205,000.

Marshall told the council Thursday that his plans include converting the gymnasium into an events center and the building into low-income or assisted living housing. He also noted that he would develop lots on the property.

Lovely, who owns the vacant former Fayscott Landis building in Dexter, has not publicly disclosed what he plans for the property.

“That building is in pretty decent shape,” Marshall said. He met with the council in executive session later to further discuss his proposal.

The Town Council would like to sell the property soon rather than spend $50,000 to maintain the building through the winter, according to council chairman Roger Brawn. “It’s quite a liability and it will become more of a liability as time goes on, and it ages,” Brawn said Thursday. “As regulations get more stringent, again if there are materials in the building that are going to present problems in the future, I don’t think it’s wise to saddle the town with those problems.”

The council agreed to hold a special meeting on Sept. 16 to discuss and possibly complete the sale.

http://bangordailynews.com/2011/09/08/news/piscataquis/second-offer-made-for-purchase-of-former-dexter-schools/ printed on September 21, 2014