Ridgefield residents will be voting next month on whether to sell 10 acres of the Schlumberger site to a developer for condominium-like housing. The Board of Selectmen last night set the date of the referendum as April 8th.
The selling price of $4-million would be paid by Residential Investments LLC. The proposal is for 24 free standing units of age-restricted housing. The Selectmen held an executive session meeting Thursday afternoon on the contract.
There was consideration given to a proposal from Toll Brothers for the same price, but that was pending approval from the Planning and Zoning Commission.