On behalf of all the people of Barnard and other supporters, the Barnard Community Trust closed on the real estate purchase and now owns the Barnard General Store. The terms of the purchase was as follows: the purchase price was $500,000.00. At closing, the BCT paid $300,000.00 with Bill Twigg-Smith taking back a mortgage for $200,000.00 to be paid of in one year. This gave the BCT immediate ownership of the property. As of September of 2013, thanks to the many generous donations that we have received, the BCT was able to pay off the mortgage. From the beginning of this effort The Barnard Community Trust has worked closely with the Preservation Trust of Vermont. Their experience and guidance have been invaluable to us. We could not have accomplished this task without their help. The BCT could also not have succeeded in this monumental task without the help of donors of money, large and small, volunteers of time and services and donors of goods for our morning café that enabled us to keep the doors open at the store until business owners were found who reopened the store with full survice. Click to read the full article on our Blog
Our work is not done. Your generous support is still needed to secure the future of our general store.
Tax deductible checks can be made payable to Barnard Community Trust and posted to: BARNARD COMMUNITY TRUST P.O. BOX 262 Barnard, VT 05031.