By Morgan Pilz, Staff Writer
Rental company receives additional three units from town council last Tuesday
(June 4, 2020) The Town of Berlin granted three additional Equivalent Dwelling Units (EDUs) for M&G Rental Properties on Stevenson Lane at its meeting last Tuesday.
Town Administrator Jeff Fleetwood acted on the company’s behalf in asking for the EDUs, since the meeting was restricted to no more than nine people in the building.
“Mr. Ernie Gerardi approached the town with the planning phase to put a new building on 2 Stevenson Lane, adjacent to Palmers Appliance,” Fleetwood said. “He wants to purchase three EDUs, he wishes to finance those, and he did present a check.”
The lot already has four units, but Gerardi’s plans to erect another building obligates him to acquire the additional EDUs. Geradi presented the town with a check of more than $50,000 to finance the purchase.
The council approved the request, although Councilmember Dean Burrell asked how many EDUs have been financed throughout the town of Berlin. He also asked how payments were being received and whether they were being paid on time.
Financial Director Natalie Saleh told Burrell that the department would gather that information.