A Niagara-on-the-Lake developer said he is interested in purchasing the former Lewiston Library building from the Town and Village of Lewiston for the $300,000 asking price.
In a letter of intent dated Nov. 16, Al Atherton of AFA Projects said he has plans to redevelop the building as a village inn with 12 to 15 small rooms.
Atherton requested three months to do a feasibility study and certified his intentions with a $5,000 check to the board, $3,500 of which would be returned should Atherton not follow through with the project after the three months.
Atherton said he needed the study period "to justify a purchase price of $300,000."
The Village Board voted to accept the letter as a basis for an option agreement.
Representatives of the board said they wanted to meet with Atherton before Christmas at the developer's convenience.
Clerk-Treasurer Bonnie Fyfe Morrow said Atherton has renovated several older buildings in Canada.
The Village Board will hold public hearings at 7:30 p.m. Dec. 17 on adjusting tax exemptions for senior citizens and on redefining boundaries of the Waterfront Development District.
Currently town residents 65 and older with a maximum income of $9,200 are entitled to a 50 percent tax reduction.
Plans are to redefine the income limits to be consistent with those in the Town of Lewiston and the Lewiston-Porter School District, which offer a sliding scale for incomes between $9,200 and $14,200.