Unfortunately we have only obtained a section of the deposition of Jeff Loeb taken by the Feoffees.  It includes this quote:

“the concept of a sale is not in the best interest of the Town of Ipswich…I think that changing that community from a summer community …to a year-round condominium complex was not going to be good for the town… from a drain on services standpoint.”

Probate – Feoffees – 111212 – Loeb Deposition

Compare this with his answer (or more accurately non-answer) to Ken Swenson’s question on this topic at the January 5, 2012 School Committee meeting.