Lambert Kay proposal moves ahead

WINSTED — A proposal to purchase the Lambert Kay building is slowly going forward, according to Town Manager Dale Martin.

Martin gave an update to the Board of Selectmen at its Monday, Oct. 6, meeting at Town Hall.

On Sept. 5, local company Brooks Ventures LLC submitted the lone bid for the building to the town.

The company’s bid for the building, located on 32 Lake St., is $25,000 plus a 50 percent reimbursement of any remediation grant funds used for the property for a maximum of $250,000.

Martin said on Thursday, Oct. 8, he met at Town Hall with Mayor Candace Bouchard, Selectmen Glenn Albanesius and Town Attorney Kevin Nelligan. The three met with company representative James Belter and attorney Peter Herbst from Herbst & Herbst LLC in Torrington.

“The town attorney wishes to craft a purchase agreement.” Martin said. “Once that is finished we can bring it back to the Board of Selectmen. From there we can take it to a town meeting for a vote on it.”

Martin said Nelligan is currently working with Herbst on a purchase agreement.

He said once the agreement is finished it would go in front of the state’s Office of Police and Management (OPM) for review before it brought it to the selectmen.

“We would like to move forward with the project even though previous vendors are no longer part of the project,” Martin said. “OPM has not objected to that. So I expect OPM to move forward with the Small Town Economic Assistance Program (STEAP) grant. We should have the agreement before you at the next meeting.”

In June, Arizona company XS4D Entertainment Gaming Holding Company LLC submitted a bid for the building, which was approved by the Selectmen.

In July the state announced that the town would receive a $500,000 grant from the state’s STEAP fund to assist with costs of redeveloping the building.

However, XS4D’s proposal fell apart later that July due to various controversial circumstances.

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