Dear Massachusetts Library System Members,
We recently signed a purchase and sale agreement to sell the Whately facility to the Town of Whately. A leaseback provision will allow some MLS staff to remain in-place for up to three months to give us sufficient time to find a suitable replacement office/training facility in Western Massachusetts. While a number of contingencies remain, we expect to close the sale this fall. We are actively seeking alternative locations in Western Massachusetts along the I-91 corridor between Greenfield and Springfield.
This step will allow MLS to reduce operating costs and eliminate ongoing facility management responsibilities. These savings will be used to provide services to members. The facility has been on the market for several years and two previous offers have not reached fruition.
This will be a short sale and involve substantial debt forgiveness by our mortgage holder, the USDA. In light of this fact, it is highly likely that we will need to dissolve the Western Massachusetts Regional Library System as we move forward to conclude the sale. This not-for-profit corporation has been dormant for five years and it is the property owner.
The Town of Whately plans to use the facility as Town Hall and headquarters for a new regional EMS service.
Please contact me if you have any questions.