Milo Voters to Decide on Buying Burned-Out Property
Folks in Milo will vote tonight on whether to allow the town to buy a section of downtown, destroyed by an arson fire more than a year ago. Residents will decide if they want to spend 48-thousand dollars to buy the former Milo True Value property.It, along with four other businesses, were gutted by a fire in September of 2008. Town manager Jeff Gahagan says the money to buy the building comes from a federal grant, so no town money would be used to acquire the property. Gahagan says purchasing the property will give the town better control over how to redevelop the area. But not everyone likes that idea. The town currently owns three of the five burned-out building lots.