Selectmen look to form commission to assess town-owned properties

At the suggestion of First Selectman Lynne Vanderslice, the Board of Selectmen decided during its Feb. 5 meeting to form a temporary commission to assess Wilton’s portfolio of town-owned properties.

“The town owns land, which we are not using. We also lease out town-owned property,” said Vanderslice. “We could hire someone to look at [our portfolio], but we have so many highly qualified real estate professionals who live in town and are not involved in the local market.”

Vanderslice received the Board of Selectmen’s approval to discuss the idea with Board of Finance Chair and real estate professional Jeff Rutishauser on Feb. 6, and “enlist his help in presenting the board with a list of candidates” for the temporary commission.

“I’ll also, of course, speak with the town committees, but with like the investment committee, this needs a particular set of special skills and we’ll outline what they are,” she said.