Meetings / Mar 27, 2019 / Item 19A

Item 19A

approved lease

Mar 27, 2019

Description

Authorize the Bureau of Right of Way to lease a 9,782 square foot parcel of State owned land located at the Southeast quadrant of the Interstate 93, Exit 12 Interchange in the City of Concord to Capital Hotel Company VI, LLC for $38,600. Effective April 1, 2019 through March 31, 2024 at $7,500 per year, with a renewal clause for an additional 5 years at the then-current market value. In addition, the Department will assess a $1,100 Administrative Fee. Effective upon G&C approval.

Amount
$38,600
$38,600, $7,500, $1,100
Vote Record approved
Michael Cryans (D) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Ted Gatsas (R) yes
Debora Pignatelli (D) yes
Related Sub-Items (2)

Documents (2)

Item_19.pdf Open in new tab →
Item_19A.pdf (19A) Open in new tab →
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