Last night, in a meeting of the Killington Select Board, the town discussed the intent of the Select Board and the Economic Development and Tourism (EDT) Commission to purchase a parcel of land in town. The EDT has recommended consideration of the purchase of a parcel of land to provide a venue for events desired in the future. Members of the Select Board clarified that an option to purchase the land (not the purchase of land itself) was likely to be approved. The option would cost $25,000 and would be funded through revenues collected under the town's 1% Options tax approved at the Killington town meeting held in March 2008.
Many of the questions raised by attendees at the meeting were deflected by the Select Board stating that the details of the arrangement would be discussed only in Executive Session. That said, the Select Board confirmed that they were considering and would likely approve the $25,000 expenditure to purchase an option, only. The Board stated that they were empowered to authorize this expenditure, however, purchasing the land, itself, would require a vote by the town at the Killington town meeting to be held in March 2010.
More details are likely to become public in September after the option is purchased. For complete details of the discussion at the meeting, visit the Killington town website for access to the minutes of the meeting dated August 24, 2009. The next Select Board meeting will be held Tuesday, September 8, 2009 at the town offices.