Apr 5, 2016 12:04 PM
PORTSMOUTH - Plans for a second parking garage has been put on hold for two weeks as town officials negotiate in hopes of additional concessions from the Deer Street property owner.
According to seacoastonline.com, the City Council voted unanimously Monday night to delay action on a purchase and sales agreement for two weeks as talks continue. Officials said the owner has agreed to drop the price of the 1.4-acre parcel from $5.1 million to $4.9 million in exchange for the city building and maintaining a small railroad office. The owner has also agreed to pay $500,000 to clean up contaminated soil.
City Councilor Brad Lown stressed the city needs the second garage "as soon as possible" and said he will make a motion to immediately move forward with the purchase at the council's April 18 meeting.
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