The Town Council voted unanimously to amend its contract with Newport Realty regarding the sale of 861 Farmington Ave.
The amendment, voted on at the Tuesday, May 5 meeting, reduced the sales price of the property to $10,000 in exchange for Newport retaining the existing building.
Last month, the Planning and Zoning Commission voted 4-3 in recommending to the council that the building demolition not occur on the basis that the property displayed historical significance.
Newport Realty asked that the purchase price for the property be decreased due to the renovations required to maintain and restore the building.
“We leaned toward demolition initially because we were concerned that this whole area has contamination issues from some other properties,” said Mayor Mark Kaczynski.
Kaczynski said that Newport Realty has shown a desire to be partners with the town by compromising and working to maintain the historical significance of the building.