Williston Observer 01/11/2024

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Williston

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JANUARY 11, 2024

Schools predict 18 percent tax increase

WILLISTON’S NEWSPAPER SINCE 1985

WWW.WILLISTONOBSERVER.COM

Maple Tree Place sold for $77 million

Ballot packed with elected openings Candidate filing deadline is Jan. 29 BY JASON STARR Observer staff

Budget proposal cuts Allen Brook teachers BY JASON STARR Observer staff Champlain Valley School District administrators are predicting an 18 percent property tax increase for Williston residents associated with their $106 million budget proposal for the upcoming fiscal year. The budget proposal carries a spending increase of roughly $10 million over the current fiscal year. Spending per pupil is projected to rise from $14,511 to $15,947, according to Champlain Valley School District Chief Operations Officer Gary Marckres. The school board’s finance commit-

“Your job as a school board is to do what is best for the students within our community, and by removing a kindergarten class, in my opinion, it will be the opposite of that.” Ella McCarthy Allen Brook School kindergarten teacher

tee recommended approval of the budget during a meeting of the Champlain Valley School Board on Tuesday. The board plans to vote during its Jan. 23 meeting whether to forward the proposal for voter approval at Town Meeting Day. The 18 percent tax increase is based on the Town of Williston’s 69 percent common level of appraisal (CLA) — a state formula that attempts to equalize the education property tax burden across the state. The 69 percent CLA means that properties in Williston are being assessed significantly lower than their current market value. An ideal CLA is 100 percent, which typically happens after towns reassess private property see SCHOOLS page 15

Greta D’Agostino A mix of restaurants, retailers and office space, Maple Tree Place in Williston recently sold to a New York commercial real estate company for $77 million. OBSERVER FILE PHOTO

BY JASON STARR Observer staff A New York-based commercial real estate company purchased Maple Tree Place, the 64-acre Taft Corners shopping and office space complex, in December. Based in Rye, N.Y., Acadia Realty Trust owns one other property in Vermont — the Shaw’s Supermarket plaza on Shelburne Road in South Burlington. Maple Tree Place is also anchored by a Shaw’s but is most known for its mix of restaurants, local and national retailers and a movie theater surrounding a square-shaped green that was once home to a weekly summer concert series. The property’s south end is home to Dick’s Sporting Goods, Old Navy, Best Buy and the former location of Christmas Tree Shops, which closed last year. Maple Tree Place last changed hands in 2016, when Dallas-based Cypress Equities bought it for $90 million, according to Observer reports from that time. Eleven years earlier, the property sold for $100 million. The town currently asesses the property at $83 million, Assistant Assessor Dick Ransom said. Acadia created a corporation called Maple Tree Place Owner LLC to own the property, Williston property transfer records show. Acadia leaders did not return requests for comment. Space at Maple Tree Place is listed for lease at www.acadiarealty.com, where it is described as “a favorably positioned … grocery and lifestyle center boasting an attractive mix of dining, shopping and entertainment.” Acadia owns dozens of properties in 22 states and the District of Columbia, according to its website, which states: “Acadia Realty Trust actively pursues opportunities to fuel its external growth through the acquisition, ownership and redevelopment of retail properties including street retail, urban/infill properties with a strong retail component and suburban shopping centers.” Burlington-based real estate broker Donahue & Associates is working for Acadia as a local leasing agent, principal Steve Donahue said. He has been showing both street-level retail and second-floor office space surrounding the green to potential lessees. The most recent retail additions — moving in before the sale — are Club Champion golf club fitter, I Heart Mac and Cheese restaurant, and Artisan Vapor & CBD. The second floor office space currently houses federal government offices of the General Services Administration, U.S. Citizen and Immigration Services and Department of Homeland Security, as well as some private sector businesses. Donahue said he continues to field inquiries about vacant office space. “We are getting some traction from people looking for alternatives to downtown Burlington,” Donahue said.

Josilyn Adams

Williston voters will have a total of eight elected positions to fill on this year’s Town Meeting Day ballot, to go along with town and school budget and bond votes as well as party primaries for the U.S. presidential election. Voters can participate at the polls on March 5 at the National Guard Armory next to Town Hall on Williston Road or obtain early ballots through the Williston Town Clerk’s office or on the Vermont Secretary of State’s “My Voter Page” (mvp.vermont. gov). There are two positions on the Williston Selectboard that are up for re-election: the two-year seat currently held by Greta D’Agostino and the three-year seat currently held by Mike Isham. In an email to the Observer, Isham confirmed his plans to run for another two-year term. Isham has served for one year, elected last March to the seat opened by the resignation of Gordon St. Hilaire. D’Agostino could not be reached for comment. She has served on the board for three years. On the Champlain Valley School Board, the three-year seats representing Williston currently held by Josilyn Adams and Brendan McMahon are up for re-election. Adams has served on the board for six years and does not intend to run again. McMahon, also a six-year incumbent, could not be reached for comment. “It’s time for a new representative from our community to represent the needs of our students, staff and community,” Adams said in an email, adding that she plans to apply to work in local schools as a substitute teacher. Voters will also have two positions on see CANDIDATES page 15


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