Burlington property swap hits a snag - WCAX.COM Local Vermont News, Weather and Sports-

Burlington property swap hits a snag

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BURLINGTON, Vt. -

A three-way property deal between the Burlington School District, St. Joseph's Parish, and UVM has hit a snag. The Burlington City Council was supposed to approve the deal Monday night, but instead the school board asked them to hold off for another month.

The school district plans to buy the now closed St. Joseph School from the St. Joseph's Parish for $2 million and pay for it by selling its own administration building on Colchester Ave to UVM. The school district also wants to lease the Taft School to UVM, but the two sides have not agreed on how much money the college should pay up front. But school board president Alan Matson says the negotiations are moving forward.

"We were not comfortable that they complied with the covenants of the court's interpretation or maybe perhaps there were some risks that we didn't think were appropriate for either the school or the city to take on at this point related to the lease," Matson said.

Matson says the deal would consolidate the school district from two buildings down to one, but would add much needed square footage.

He says he hopes the deal will be ready for the City Council to review in August.

Related Story:

Burlington School District looking to buy and sell

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