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By Patrick McGroarty
News Editor
The Codman Company has mailed out a request for
bids to parties who have expressed interest in
purchasing the parcel of land along Dorchester
Avenue currently occupied by St. William
Church.
Blessed Mother Teresa Parish, which controls the
St. William property, voted to open the bidding
process at a council meeting last Thursday night
after discussing one preliminary plan presented to
Rev. Paul Soper, pastor of Mother Teresa parish by
a community member.
Fr. Soper declined to identify the potential
developer to the council, describing him as, "a man
known by the parish, whom I can readily say that I
trust."
Soper stressed that the developer's proposal was
in no way a final bid, and ultimately the council
made a motion to invite the anonymous developer to
enter the standard bidding process.
Fr. Soper also asked that the Reporter withhold
the specifics of the discussion surrounding the
preliminary proposal lest other interested
developers be led to believe that a concrete
decision has been made.
"We took a look at a particular proposal that
was interesting, and decided we'd like to talk more
with this or any potential contractor," said
Soper.
What was clear is that any final agreement will
have to meet a purchase price that would allow the
Blessed Mother Teresa to pay off approximately
$300,000 in debt and establish an endowment to
protect the future health of the parish. The St.
William property has been appraised at
approximately $3 million, though Soper and the
council agreed they would entertain all bids
regardless of proposed sale price.
At the meeting, council members expressed their
interest in retaining a portion of the property for
parish-controlled use such as a parish library or
reading room, a temporary worship space, or an
emergency residential facility for those in need.
Hopes that the property could be developed as an
assisted living facility lost steam several weeks
ago when a report from the Dorchester Bay Economic
Development Corporation concluded that such a
facility would only be economically feasible if the
property were sold at around $500,000, far below
the mark necessary for the parish to protect its
financial stability.
The council decided by unanimous vote to re-open
the bidding process through their real estate
agent, Codman Company, and invited the unnamed
developer to enter a formal bid.
Codman Principal James Belli said a number of
potential developers have approached his firm, but
that he doubted any formal bids would be entered
until near the end of the month.
"There has been quite a bit of interest," said
Belli. "A range of parties, from developers to
other church groups, have approached us."
Codman will collect bids through the end of
August, and the parish council will reconvene to
discuss any formal proposals on September 13.
Read more Dorchester Reporter coverage on this
issue
Consensus
difficult to reach in re-use of St. William site
(July 20,2006)
St.
William Church to be sold
(May 4, 2006)
Church
sale seen as chance for
healing
(May 15,
2006)
First
meeting held to discuss sale of Saint William (May
25, 2006)
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