Town of Norwich, CT, Considers Buying Marina
April 16, 2011
The Day.com: The Marina at American Wharf often is referred to as the city’s gem on the waterfront, and now the City Council is considering buying the entire marina for $675,000 to protect the “valuable city asset” from possible closure and to seek either a new operator or another use for the property, Mayor Peter Nystrom said.
Nystrom announced Tuesday that top city officials have been in discussions with American Wharf Development Corp. and representatives of the estate of deceased marina founder Ronald Aliano to have the city acquire the remaining years of the 99-year lease signed by the city in 1987 and purchase all the marina buildings, equipment and land not already owned by the city.
A related article, also posted by TheDay.com, reports that local marina owner Richard Thayer, Sr. of Thayer’s Marine and RV, is also interested in making a bid on American Wharf.
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