Meetings / Jan 22, 2021 / Item 6

Item 6

approved

Jan 22, 2021

Description

Authorize to hold a Public Hearing with respect to the financing of a loan in the amount of a $1,000,000 increase to an existing line of credit to Strafford Economic Development Corporation. Action will authorize a Resolution under RSA 162-A:7 to determine the Financing is consistent with local or regional development plans or policies, serve a public use and provide a public benefit, is within the policy of, and the authority conferred, by RSA Chapter 162:A, preserve or increase the social welfare or economic prosperity of the State, and promote the orderly development of business activities, create or preserve employment opportunities or protect the physical environment.

Amount
$1.0M
$1,000,000
Vote Record approved
Motion by Gatsas, seconded by Warmington
Joseph Kenney (R) yes
Cinde Warmington (D) yes
Janet Stevens (R) yes
Ted Gatsas (R) yes
Dave Wheeler (R) yes

Documents (1)

Item_6.pdf Open in new tab →
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