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Goffstown
'David vs. Goliath' fight over homes
Medford Farms and Village of Glens Falls residents say parks owner ignored their bids to buy property
By Nathan Duke
Staff Writer
A group of 208 homeowners
has filed a lawsuit to purchase
two manufactured housing parks
from its owners, alleging the
owners violated an agreement to
sell the parks to them.
The Medvil Cooperative
Association, which represents
residents of Medford Farms
and the Village of Glen Falls,
filed a lawsuit with Hillsborough
County Superior Court.
The suit is part of an ongoing
effort to purchase the parks from
J'm. Kilmartin & Sons, Inc. and
Medford Farms Realty Trust.
Medvil members have alleged
that the parks. owners have
ignored contractual and statutory
obligations that govern the
sale of the parks.
Under New Hampshire law,
manufactured housing park
owners are required to allow an
opportunity for park residents to
purchase the parks before selling
to a third party.
In January, the owners of the
parks entered into an agreement
to sell the parks to Hometown
America LLC, which is the second-
largest for-profit manufactured
housing park operator in
the United States.
Hometown America has properties
in 20 states, according
to a news release by Devine,
Millimet & Branch, who are
representing Medvil.
The agreement between the
parks. owners and Hometown
America stated that if Medvil
matched Hometown's offer,
then the park owners would be
required to sell the parks to
Medvil.
Over a period of five months,
Medvil matched not only the
first offer, but succeeding offers
as well.
A hearing has been scheduled
on the motion for preliminary
injunction for Wednesday, Aug.
3, at 1:30 p.m., at Hillsborough
County Superior Court.
Jimmie Purselley, chairman of
Medvil's board of directors, said
the hearing will be an opportunity
for Medvil members to
ask the court to make Medford
Farms and Village of Glen Falls
owners fulfill their contractual
obligations.
"The Medvil board and our
208 members have worked long
and hard to control our own
destiny by buying the parks in a
cooperative, not-for-profit venture,"
he said in a news release.
"To realize that dream, Medvil
is fully prepared to champion
the rights of each of its members
by asking the courts to make
the park owners live up to the
bargain they have made."
Medvil's attorney, Ovide
Lamontagne, said Medvil members
have a right to purchase
the parks and made a David vs.
Goliath comparison between the
residents and Hometown America
in a news release.
"This is about the ability of
families of modest means to
realize the American dream of
home ownership and self determination,"
he said. "In many
ways, this lawsuit brings into
focus the cherished principle of
local control versus control by
a faceless out-of-state corporate
giant."
Lamontagne said the original
price tag for the two parks was
$10.55 million and that the last
price, after several increases,
was $10.7 million.
He said the first time the
park owners tried to sell the
two parks, they did not provide
notice to the tenants.
"I think they thought that
Medvil would not be able to
match the amount that Hometown
America put on the table,
but their money is just as green
as (Hometown's)," he said.
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