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Groton ― The city plans to sell the Mother Bailey House property at 108 Thames Street to FTTB LLC, a family-owned business based in the city. The City Council on Monday approved selling 0.15 acres of. ....
Groton ― The city again is seeking proposals from potential buyers for the Mother Bailey House property, after previous attempts to sell the property did not work out. Mayor Keith Hedrick said the cit. ....
Groton A local company s plans to purchase the Mother Bailey House from the city and renovate the 18th-century structure at the corner of Thames and Broad Streets into a single-family home are expected to be approved next week. City Council members on Monday spoke in favor of a proposed agreement with FTTB LLC, which will purchase the house at 108 Thames St. and adjacent property at 0 Broad Street for $1 and renovate the exterior of the house according to historical standards. A vote on the purchase and sales agreement is scheduled for Tuesday s Mayor and council meeting. City Mayor Keith Hedrick said the proposal will get the properties back on the tax rolls. The plan is to sell both properties for $1 due to the significant cost of the restoration of the Mother Bailey House, which requires extensive renovations, including work to its foundation, windows and clapboard siding. The proposed purchase and sales agreement requires the developer to restore the ....