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Village offers 1.5 acres of land for sale in Waddington

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WADDINGTON - The village will offer three parcels of land totaling 1.5 acres for sale by sealed bid.

Located along the St. Lawrence River, seven parcels equaling 5.02 acres were sold to the village in 2007 as surplus state lands in the 2003 relicensing agreement with the New York Power Authority.

Five of the seven parcels have been appraised at a total of $317,000, but only two will be offered for sale.

“There are a couple of issues with the remaining ones, and we can do those on a later date,” Trustee William E. Dashnaw said.

The village faces an obstacle in selling the land. Many of the properties are located on a 100-year flood plain, effective in 1979, according to the report filed by the appraisers. The flood plain designation may complicate a buyer’s bank financing prospects.

One parcel of land that is not being sold could be divided, with the village using .24 acres to build a boat ramp on St. Lawrence Avenue.

The first parcel to be up for sale currently totals .93 acres along St. Lawrence Avenue. It will be divided into two approximately .46-acre parcels following a land survey, and sold separately. The assessed value of the undivided property was $51,400 in 2012.

The third parcel is 57 acres, and was assessed at $12,800 in 2012.

The properties will be advertised once the survey on the .93 acre parcel is complete and it is divided into two lots.

“I don’t believe a survey would take too long,” Mr. Dashnaw said. “We would like to move forward with selling the property right after we get the survey.”

No minimum bid has been set on any of the parcels. The village will sell to the highest bidder.

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