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Danbury officials expect sale of Cartus property to City completed within days

Negotiations are on going between the City of Danbury and Cartus for the corporate property at 40 Apple Ridge Road, which the City wants to purchase to turn into the proposed Danbury Career Academy.  Public Works Director Antonio Iadarola says the fact that the City doesn't own the property hasn't stopped progress on the middle and high school.  He has crews at the site once or twice a week doing due diligence to continue the design process.  The first phase was presented to the state.  Mayor Dean Esposito says the project is a huge undertaking for the City.  He expects a completion of sale by the end of this week.  Voters approved a 164 million dollar bond for the project.  Of that estimated cost, the purchase price of the Cartus property was pegged at 57-point-2 million dollars, but Mayor Dean Esposito said at the time it was the maximum figure, and he hopes it can be adjusted down.  The Apple Ridge Road property was assessed by the City at 24-and-a-half million dollars, with Cartus paying more than 676-thousand dollars in taxes.  Danbury would be acquiring 24 acres containing the main building, 6-point-4 vacant acres in a lower lot and Apple Ridge Road. 

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Dave Rinelli

Local Headlines