BENNINGTON, Vt. (AP) - The former Southern Vermont College campus and the Gate House building are on track to be sold following judicial orders filed in U.S. Bankruptcy Court-Vermont Division.
Judge Colleen Brown has approved orders to allow the sale of the 371-acre campus to Southwestern Vermont Health Care before January as well as a separate sale of the Gate House building on 2.28-acres to Kenneth Milman of Bennington, the Bennington Banner reported.
Southwestern Vermont Health Care, the parent of Southwestern Vermont Medical Center, acquired the campus in a $4.65 million offer during the bidding process. SVHC officials said they plan to coordinate with the town to evaluate potential usage for the land and buildings.
Milman secured the Gate House by a $320,000 offer and said that he and his wife plan to renovate the space and convert it back into a private residence. The building was most recently used as the Southern Vermont College admissions building.
Raymond Obuchowski, the court-appointed trustee representing the estate of the former college, said that as of early last week, no appeals or objections had been filed that could halt the sales.
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