Town Manager Buzz Stapczynski said he was disappointed with the sale of the property to private owners. But that isn’t to say the site is a total loss, however.
“We’re actively using the land we already have, at least the conservation piece,” Stapczynski said.
Over the years, the town has acquired portions of the site, including Serio’s Grove. Purchased in 2001, that site is widely used by residents for boat access and camping amenities, according to the Andover Trails Committee website.
Information on Believe-Andover, meanwhile, is limited. The company was formed on Nov. 12, 2013 by Lynch as manager, according to filings with the state Secretary of the Commonwealth.
The deed finalizing the purchase lists the company’s address as 348 Park St., Suite 103, in North Reading.
Documents on the official town website also show that Lynch, of James T. Lynch Construction in North Reading, secured a drain-layer’s license through Andover’s Health Department last year.
Lynch couldn’t be reached for comment for this story.
Board of Selectmen Chairman Alex Vispoli said the town was waiting for a grant to subsidize the purchase. But Reichhold “wanted a quick turn-around.”
In response, Oldham said the town’s negotiating price “was too low.” He, however, declined to offer the price on the table.
“Reichhold has been willing to sell property for years to the town,” Oldham said. “We did sell a number of parcels to the town, and we’ve been happy to work with the town. It was just one of those situations where the deal couldn’t be made and it was time. We had to move on.”
When Town Meeting voters in May consented to the final infusion of cash to purchase the property, conceptual graphics showed potentially two soccer fields and two softball diamonds on the land.