Real Estate Developer Or Land Preserver?
Real Estate Developer
Or Land Preserver?
To the Editor:
I am not a proponent of economic development at Fairfield Hills. Let me explain why.
Newtown already owns approximately 80 acres in Commerce Park acquired as part of the Fairfield Hills acquisition from the state. There are nineâten proposed available lots which will become the Newtown Technology Park. In the capital improvement plan, the town proposes to spend $3.11 million over the next five years developing this land. This is your money and mine! Would it not be wiser to hand this project over to a licensed commercial developer rather than spend our tax dollars?
Newtown has been in possession of these 80 acres for some time without any firm plans to develop it. Now why would we designate Fairfield Hills for economic development when we have 80 available acres?
An ordinance established The Fairfield Hills Authority to implement the Fairfield Hills master plan for development. According to the ordinanceâ¦
The Authority shall have the power to:
1. implement the master plan for the development and operation of the premises including, without limitation, the power to clear, to demolish, repair, rehabilitate, construct and insure real property in its possession;
2. make site improvements essential to the preparation of land for its use in accordance with the provisions of the master plan;
3. install, construct and reconstruct streets, utilities and other improvement necessary to carry out the master plan;
4. negotiate leases for all or any part of the land and buildings of the premises, in the name of the town of Newtown, in accordance with the provisions of the master plan, provided that any lease shall be subject to approval of the Board of Selectmen; etc.
My point is, our local government and the Fairfield Hills Authority do not have the expertise or knowledge to market, develop and negotiate leases. Marketing and developing property is a complex job and needs to be given to commercial developers. Also, itâs my understanding, the town has proposed to spend $20 million at Fairfield Hills for economic development. Do we really want to be in the real estate business? Additionally, the Charter Revision Commission should not add the Fairfield Hills Authority to our town charter. We donât need it.
Fairfield Hills needs to be preserved for the future needs of Newtown.
Linda E. Dunn
26 Old Bethel Road, Newtown March 19, 2007
