Date: Fri 28-Aug-1998
Date: Fri 28-Aug-1998
Publication: Bee
Author: CURT
Quick Words:
edink-Fairfield-Hills-Queen-St
Full Text:
ED INK: Tinkering In The Real Estate Market
Last week, the Board of Selectmen authorized First Selectman Herb Rosenthal to
approach the state about purchasing seven homes and eight separate empty lots
along the margin of state land at Fairfield Hills on Queen Street. The town
has right of first refusal on the properties, which the state is interested in
selling in part or parcel.
Some of the land and buildings along that Queen Street residential strip could
be of use to the town, particularly the properties at the north end of Queen
Street where the land is level and affords stunning views of the open space
now under the control of the state Department of Agriculture. Sports
organizations and the Parks and Recreation Department, which are desperate for
more ballfields, see the site as a prime candidate for that purpose. The large
state-owned house at that end of Queen Street might even lend itself to
administrative office space for either school or town officials.
The town really doesn't need all the houses and land along Queen Street,
however. Mr Rosenthal and some council members are arguing, though, that the
town should buy all the properties to exercise control over future building
that might occur there, either by deed restriction upon resale or through
continued outright ownership. He explained this week that this is especially
important since the existence of sewer and water lines there would allow
higher densities than currently exist. But we have to ask ourselves: Should
the town be micro-managing possible future residential real estate
transactions on Queen Street, or on any other street for that matter, with
public funds? If so, should the town purchase all vacant land on all streets
currently on sewer and water lines for the purpose of placing deed
restrictions on them, and then reselling them?
Traditionally, a town influences its own growth and evolution through land-use
regulation. Protecting and acquiring larger tracts of open space for public
use and enjoyment, as outlined in the town's Plan of Development, is one
thing. Tinkering with individual house lots in the real estate market with
public funds for purposes not directly related to the administration of town
business is something else altogether.
First Selectman Rosenthal has seen figures on the probable cost of the Queen
Street properties, but he isn't saying what they are while preliminary talks
with the state are still under way. It is estimated, however, that seven homes
and eight lots could be a million dollars or more. While that amount seems
modest in the context of recent town capital expenditures, it doesn't seem
prudent to add unnecessary capital expenditures, regardless of their size, to
an existing $70 million list of possible capital projects currently under
consideration by the Legislative Council. The town already has a mountain of
debt, so now is not the time to be adding non-essential expenses.
Both the Legislative Council and town voters will have to approve any plan to
purchase the Queen Street houses and vacant lots from the state. We hope that
as the plan evolves as it is studied and reviewed, serious consideration will
be given to purchasing some of the property -- some, but not all.