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Fawcetts: No Sale. Budge and Arnett withdraw sale.

| January 12, 2015, 08:56 PM | 0 Comments

Aldermen Budge and Arnett pulled their resolution for the city to buy the Fawcetts property along Compromise Street tonight at the council meeting.

In a statement, Budge said:

As we explained at the outset of R-32-14, the key element of a real estate transaction is that there be a willing buyer and a willing seller. After consultations with colleagues on the the Council, Alderman Arnett and I have concluded that the City of Annapolis is not a willing buyer of this property, at this price, at this time. Accordingly, we hereby withdraw R-32-14 from consideration.

He continued to explain how the deal would have been very good for the City and thanked the staff who worked on the resolution as well as the people who supported and opposed it.

no fawcetts

In the end, the resolution likely did not have enough votes to pass.

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Category: Local News, NEWS, POLITICAL NEWS, Post To FB

About the Author - John Frenaye

John is the publisher and editor of Eye On Annapolis. As a resident and business owner in Anne Arundel County for nearly 25 years, he realized that there was something missing in terms of community news–and Eye On Annapolis was born in late spring 2009.

John’s background is in the travel industry as a business owner, industry speaker, and travel writer. In terms of blogging and social media, he cut his teeth with MSNBC.com.

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