Vt. Stat. tit. 24A § 101-41
With the approval of the voters given at any duly warned meeting, the Selectboard may sell any portion of real estate owned by the Town and not needed for Town purposes or change the use of any real property owned by the Town. The authorization may be given in blanket form by the voters at the annual Town meeting and, when so given, shall remain effective until the next annual Town meeting. However, the Selectboard shall not sell or substantially change the use of the real estate without first holding a public hearing giving notice by posting in at least five conspicuous public places within the Town and by publication in a newspaper having general circulation in the Town. The notice shall be published not less than seven nor more than 21 days prior to the date of the hearing and shall also identify specifically the real estate involved. At the hearing, all citizens of the Town shall have an opportunity to be heard; to express their views; and to inquire as to the reasons, method, time, and terms of the proposed sale or change of use. After all proper persons have had an opportunity to be heard, the Selectboard shall vote upon the question and, if a majority of the full Board shall vote in favor of the proposed action, the question shall be approved. If voter approval has previously been given to the action, the Selectboard may then take the action the voters have approved; otherwise, they shall submit the question to the voters at a Town meeting and upon approval by a majority of those voting upon the question, the Selectboard may proceed to sell or change the use of the real estate in question, as the case may be.
24 Appendix V.S.A. § 101-41