The town-owned property at 22 South Park is unique. Located immediately after the “Welcome to Easton” sign at the southeastern entrance to Town, it is a magnificent pastoral field bordered on 3 sides by the Mill River, which according to the Mill River Improvement Project, is one of only nine brown trout breeding streams in Connecticut.
Currently, the town owes $4.9 million dollars on the property, which costs each household approx. $120 per year on average – approximately .7% of a $43 million annual budget. And this is for a 20 year term only, after which the property costs us nothing.
The town owns very few parcels of land, and keeping this parcel for future generations is comparatively very cheap. After all, once developed, it is gone forever. So why sell it? Certainly, the economics do not make sense.