Dartmouth offers payment to selected property owners
Last December a New York law firm invited Etna property owners facing possible groundwater contamination from Dartmouth's Rennie Farm dumping ground to learn about possible legal action they could take against the college to compensate them for a decline in the value of their property.
On Monday the college announced what it called a "Value Assurance Program" which will offer payment to property owners and possibly some property purchases.
“The Value Assurance Program is designed to protect your property value whether you want to sell your property or want to remain in your home,” says Executive Vice President Rick Mills. “This program assures that eligible property owners who choose to sell receive market value for their property. Our goals are to reduce market uncertainty, maintain property values, decrease selling time, and provide liquidity.”
Eligible properties have been identified from the area in and around the Rennie Farm site investigation. Participation in the program is voluntary (sign-up or enrollment is not required) and will remain open to eligible property owners from Feb. 3, 2017, to Feb. 3, 2022.