ESSEX — As the year comes to a close, town officials hope to be wrapping up purchase-and-sale agreements with residents of southern Conomo Point as well.
The Board of Selectmen hopes to sign off on 34 of the 39 properties in the southern portion of the Point by the end of January, said Town Administrator Brendhan Zubricki. A total of 14 properties have been sold so far, with residents who have been leasing the town-owned sites getting the chance to acquire the houses. Zubricki said he expects another 9 to be signed off on before the year ends.
If 34 purchase and sale agreements are signed off on, the town will receive approximately $7 million; if all 39 are sold, the town can expect about $7.8 million, Zubricki said. The purchase and sale agreements were expected to be completed already, but extensions were granted to allow buyers to finalize agreements.
While Zubricki said the last of the agreements are expected at the end of January, he said the Board of Selectmen will always consider each agreement on a case-by-case basis.
Although the last of the purchase and sale agreements are making their way in front of the Board of Selectmen, some Conomo Point residents did not have such an easy experience with the agreements.
Ida Doane, a Conomo Point property owner, said she had some issues with the agreement and deed.
The Selectmen, who are also the Conomo Point Commissioners, signed off on Doane’s purchase and sale agreement earlier this month, but within the deed — not the purchase and sale agreement itself — lies a seasonality clause which states the property will remain seasonal for 200 years.
Only after 200 years have passed, will anyone be allowed to live there full time, more than four months out of the year.
Doane said she has questioned the clause and brought up the issue to Zubricki and Katharine Klein, the town’s representative from its Boston-based law firm of Kopleman and Paige.