With the expected signing of purchase and sales agreements, the sale of both buildings will now head to the Financial Town Meeting in May, where voters will decide whether or not they should be sold. The expected sale price of the VFW hall is $52,651, while the Liberty Street School is expected to be sold to 2nd Story Theatre for $100,000.
Sigourney LLC, a limited liability corporation formed by Cutler Mills owner Michael Sigourney, submitted the highest of two bids for the old VFW hall, which was built in 1928 and was originally built as a fire house. He said the plan will be to use it as office space for Cutler Mills, freeing up space there for tenants.
Mr. Sigourney, who has garnered much praise for his restoration and outfitting of the old mill, said he will follow a similar tack at the modest brick building across the street from Perella’s Ristorante.
“It will look like the original fire house it was built for,” he said. “We’ll use it as an extension of the mill for now, and then we’ll see what the future holds for it.”
Thespians at 2nd Story Theater submitted the winning bid for the old Liberty Street School, and they plan to use the brick edifice as a set shop and rehearsal space. The theatre company’s Ed Shea said the school will not be opened to the public if the sale goes through. Theater officials hope to move into the school as soon as possible. But since the sale won’t go through, at the earliest, until May, it is expected that the town will extend a short term lease so the company can move in prior to the Financial Town Meeting vote.