My husband and I are working with two investment properties. There have been lots of ups and downs as we've dealt with buyers, sellers, renters, rezoning, unhappy neighbors and all the issues associated with 1950's circa homes in disrepair, renters and hoarders.
That's a random list of a few of the things involved with these two very special properties we've been involved with in some way or another since 2014. Why have we wanted to deal with all the people, personalities and issues with these particular two pieces of land? It's been for one simple reason: school expansion.
They are the only two pieces of property that could possibly be used to expand the school. They are the only two properties adjacent to the school that aren't otherwise developed. Only just recently we were able to coordinate a contract in which the school has the exclusive right to purchase the properties at any time over the next five years at a pre-determined price. This gives the school assurance the properties won't be sold to anyone else within that time and and purchase conditions favorable to the owners.
The school wants to be a good neighbor and tonight they hosted the neighborhood meeting of the community around the school. There have been some times in the past when the school was initially being built where some of the neighborhood wasn't supportive of the school building there. We think our school has been good neighbors and they hope to continue to be. Tonight we had an opportunity, along with the new head of school, to let the neighbors know about the potential plans.
We had hoped they would be supportive of the school expanding, but we weren't sure. It turned out to be a happy meeting with the neighbors clapping and cheering. After all the challenges over the years, tonight was a nice surprise when the neighbors clapped and cheered and are pleased the school will be hopefully expanding in the future.
So that's the good news. The bad news is in having the fuel oil tank removed from one of the properties we found a second tank that is both underground and leaking. It has to be reported to the city and it will cause the property to be marked high risk and have a land use restriction placed on it.
It will need to be cleaned up, but it will involve the demolition of the house and additional excavation in order to remdeiate the petroleum contamination. It's another bump, and not as bad as it sounds as the house was going to be demolished eventually as it was uninhabitable, but it adds urgency and cost to the process. We'll get there though.
The Big Boy Update: My son is back from three days camping. He had a very good time. Tonight he needed a bath. He didn't want us to make a big deal of him being home. Tomorrow he's staying home from school, per the advice of his teacher, as the students were very tired from their time camping.
The Tiny Girl Chronicles: My daughter didn't want to get out of the tub tonight. She said, "just a moment". Her father said, "I think it's been a moment..." She said, "a moment is never-ending."
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