Quote:
Originally Posted by FlyingScot
Good article in LDS. If the buyers are sincere that they do not wish to develop the island beyond one simple home and only need a security blanket of sorts, then the solution is pretty obvious--in a 3-way deal, Camp Belknap could buy the development rights to the island from the current buyers for $500K to $1MM (I leave the exact number to the principals). The current buyers could pocket a big slug of cash today, dramatically reducing their risk; and Belknap could insure its tranquility for a lower price than would otherwise be possible.
https://www.laconiadailysun.com/news...6e83059d7.html |
Flying Scout ding ding ding...you hit the target...but in reality it won't work. The developer has said flat out I will not sell any part of the island to the camp. They have said "I don't want any part of the camp functions and activities near my development". Yet Camp Belknap owes 1/3 of the island and the boundary lines between the homestead home to be restored and camp owned property is only 25' feet away. So go figure!!