Derby, 5 Merchants to Meet On Buyout

Summary


City officials hope to meet with the five business owners remaining in the downtown redevelopment zone in the next two weeks to negotiate prices for their departure, Mayor Anthony Staffieri said. The city has obtained two appraisals on each property and plans to call the owners shortly to make appointments with them, Staffieri said.

"We will pay the higher valued appraisal," Staffieri said. "We are looking to take care of them in the best way possible."

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Extract


Derby, 5 Merchants to Meet On Buyout

Staffieri said he would like negotiations finalized by the end of August.

The five businesses include a carpentry business, locksmith, billiard hall, garden center and sheet meta...

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