Weymouth officials are questioning the Navy’s plans for cleaning up the former South Weymouth Naval Air Station, Mass., as the deadline approaches for the LRA and the Navy to complete a final agreement on the terms of an economic development conveyance for 700 acres.
The concerns of officials from Weymouth focus on the Navy’s intention to remediate the property to a level that would allow existing uses rather than a standard appropriate for the site’s reuse plan, reports the Boston Herald.
In August, the South Shore Tri-Town Development Corp. agreed to a term sheet for the EDC calling for it to pay the Navy $2 million initially, $10 million over a period of 10 years and 5 percent of real estate sales. The deal is contingent, however, on the Navy’s plans to complete the base’s environmental cleanup. The deadline to reach a final agreement is Nov. 15.
Despite the concerns, the LRA and the region’s congressional delegation believe the transfer remains on track.
“It appears to me that we’re striking a very good balance and a very good accord. … I have every assurance that we will make the November 15 deadline,” Kevin Donovan, CEO of the Tri-Town Development Corp., told the paper.