Tonawanda News — The proposed buyer of Central School, David Capretto, has notified the Tonawanda School District that he will not be finalizing the purchase of the building located at 80 Clinton St.
Superintendent James Newton announced the news at Tuesday night’s board meeting. In late April, Capretto proposed purchasing the building for $220,000, and last month, the public approved the sale of the school in a 722-311 vote. Capretto, of Forbes Capretto Homes, planned to turn the school into an apartment building.
“He was hoping to obtain historical credits that would have helped with the cost of the project,” Director of Business and Financial Services Stephen Perry said. “But state inspectors said too many changes had been made to the building, and they denied the assistance.”
School officials have notified the realtor that any future offers must include provisions for a non-refundable deposit to cover the costs of the public referendum, which is required for any sale.
When asked if the district was expecting another offer, Perry said “we are expecting something.”
David Kenyon, a landscape architect at Wendel, also attended Tuesday’s meeting to responded to residents’ concerns about the construction work being done on the new high school athletic stadium.
At the board’s last meeting, Beverly Ranney and Dan Maxwell, both of Adam Street, said their basements had flooded due to grading that had been done at the site of the new football field. Ranney also complained about a pond of water that had collected at the site she said was attracting insects and rodents.
Kenyon said Tuesday that the site’s plans for storm water runoff meet the state Department of Environmental Conservation’s stringent standards.
Per those rules, after construction, the runoff must be less or equal to what it was before the construction. Kenyon said the construction plans dictate that storm water will be collected on site and away from adjacent properties.