Homestead Property Update
Welcome to spring! We wanted to give you an update on Homestead’s future. As you know, after 31 years of serving this great community, Ed and I decided to retire and put our market and property up for sale. After considering several options, we decided to enter into a purchase agreement with the city of Lambertville late last year. The agreement had a 6-month period of due diligence which the city has been actively completing. We have had visits from many architects, engineers, planners, etc. ensuring that the city’s contractual agreements are met. City Council and the CAT team have spent endless hours on the feasibility of this project. Here are the next milestones:
- This Thursday, March 25, will be the first reading of the bond ordinance for the city to acquire the property. Please note that the purchase will be tax neutral!
- Thursday, April 22, will be the vote on the bond.
As we transition into the next stage of our lives, we have a favor to ask of you. To all of you who have been loyal customers over the years, to all of you who have spent countless hours sledding down the hill with your children, to those who enter Lambertville and enjoy driving by this beautiful property, it is imperative that you call into the special meeting of the City Council this Thursday, March 25 at 6:00 PM and voice your support for the purchase. Rejection of this ordinance would very likely result in the loss of this unique opportunity to preserve this property. Rejection of this ordinance could change the face of Lambertville as many of you have known it forever.
It is our hope and prayer that this purchase will enable the preservation of the Holcombe house and property and continue Homestead Farm Market. We encourage you to attend the meetings and thank the City Council and CAT for all of their hard work and show your support.
The links for the meetings can be found at https://lambertvillenj.us3.list-manage.com/track/click?u=9e1f677aa689bdceae5cf4ad6&id=6ef09c710d&e=cd3f170cae.
Here is the link to the CAT Presentations and various Q&A sessions: https://www.lambertvillenj.org/cat
We are so grateful for all of you, our customer base and the community. To help transition, we continue to remain busy doing our normal winter stuff such as maintaining machinery and gutting and cleaning the market so that the future market owner can hit the ground running and open to the community with limited interruption.