To the editor:
The Greensboro Select Board’s decision to move forward with the current Purchase and Sale Agreement (PSA) with Rural Edge raises serious concerns.
The agreement shifts nearly all risk onto the town while giving Rural Edge broad flexibility and few concrete obligations. It grants the developer an open-ended option to purchase town hall, with no deadline, no proof of financial capacity, and no guarantee that affordable housing will ever be built.
The contract is vague and one-sided. It lacks clear timelines, enforceable commitments, and basic protections for the town, such as defined project terms, ways to resolve disputes or safeguards if the project stalls or changes hands. A risky reversion clause could even leave Greensboro taxpayers financially liable in the future. I have outlined these concerns in more detail and provided specific supporting documentation to the select board in an effort to better protect Greensboro’s interests.
Even more troubling, the public has limited access to accurate information from the town. Rural Edge has refused to share key project details, and the select board has selectively released information, often emphasizing supportive points while downplaying or omitting legitimate concerns and allowing misstatements to remain in the public record.
This isn’t about opposing the project itself. It’s about ensuring Greensboro enters into a fair, transparent agreement that protects the community’s interests. As written, the PSA does not meet that standard.
Vince Cubbage
Greensboro
