The Town of Sudbury is proud to announce a tentative agreement has been entered into with representatives of Broadacres Farm.
The Town has agreed to purchase the three parcels on 82 Morse Road for a total of $5.5 million dollars, contingent on Town Meeting vote on October 15 and ballot vote on November 6. While the entire $5.5 million purchase amount will be authorized at Fall Town Meeting, the purchase will be conducted in a series of two to three phases. The first parcel to be acquired by the Town immediately is the parcel directly abutting Featherland fields (labeled as parcel 1) at a cost of $1,958,000. Acquisition of the remaining two parcels (labeled as parcels 2 and 3) shall be triggered by the property owner or her estate in the future at a total cost of $3,562,000. The Town’s right to the future parcels are protected and memorialized in the purchase and sale agreement. Finally, today’s purchase price is locked in for the future acquisition.
Broadacres Info Flier (Special Town Meeting – October 15, 2018)
Broadacres Property Appraisal (June 11, 2018)