Posted inAdvertiser Democrat, Oxford Hills

Otisfield to conduct environmental review of nine Heniger Park properties

OTISFIELD — At least nine leaseholders at Heniger Park have asked for an environmental review of their property, said Hal Ferguson, chairman of the town’s board of selectmen. The inspections, which begin Monday, are being done to ensure the lots are environmentally clean before they sign off on 99-year lease agreements with 36 leaseholders in […]

Posted inAdvertiser Democrat, Oxford Hills

Otisfield: New Heniger Park leases set

OTISFIELD — A long-awaited 99-year lease agreement for Heniger Park is complete and copies are expected to be sent to leaseholders this week. “It’s a bird in the hand. This is a guarantee,” Board of Selectmen Chairman Hal Ferguson said. The agreement with the town provides a guarantee for leaseholders that their camps will be […]

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Posted inOxford Hills

Otisfield voters approve budget, park lease deal, land trust request

OTISFIELD — Town meeting voters on Saturday approved a $1.5 million municipal budget and gave selectmen the thumbs up on their proposed Heniger Park lease agreement, which would extend leases on town-owned lakeside property by 99 years. Voters also appropriated money to help the Western Foothills Land Trust acquire a large parcel of working forest […]

Posted inAdvertiser Democrat, Oxford Hills

Heniger Park lease-holders worry about doubling value

OTISFIELD — A plan to offer Heniger Park lessees an opportunity to sign a new, 99-year agreement for the town-owned land will come with a price that some called unaffordable. About 50 people at Thursday night’s informational meeting at the Community Hall were told that about 35 lease-holders at the 100-acre property on Pleasant will […]

Posted inAdvertiser Democrat, Oxford Hills

99-year lease offered to Pleasant Lake leaseholders

OTISFIELD — The Heniger Park Reassessment Committee will offer a 99-year lease to leaseholders on Pleasant Lake who agree to terminate their current 50-year lease in writing between Jan. 1 and June 30, 2015. Additionally, the committee recommends that a land capitalization value of 2.2 percent times the assessed value be used to determine the […]