- Associated Press - Monday, June 1, 2015

WINSTED, Conn. (AP) - A non-profit group run by a former Winsted selectman has turned to the Internet in hopes of raising money to prevent the city from foreclosing on an old factory.

The Republican-American newspaper reports (https://bit.ly/1SQawFw ) that Laurel City Revamp opened a Go Fund Me account last week after being told the city planned to foreclose on the former Capitol Products factory.

Laural City, operated by former selectman Michael Renzullo, agreed in 2011 to pay a $25,000 lien on the property, but has not come up with the money.

Renzullo says he’s experienced delays in obtaining town approvals for his plans to convert the former factory into a mixed commercial and residential use.

The Go Fund Me campaign had raised $520 by Monday morning.


Information from: Republican-American, https://www.rep-am.com

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