Meetings / Dec 5, 2018 / Item 86

Item 86

approved contract late item

Dec 5, 2018

Description

Authorize to enter into a contractual agreement with the Bert R. Whittemore Revocable Trust of 1993 to purchase the real estate located at 14 Integra Drive, Concord, New Hampshire for a price of $2,975,000 to serve as the Lottery's headquarters. (2)Further authorize to enter into an agreement with Northway Bank, Berlin, NH to finance the purchase of real estate located at 14 Integra Drive, Concord, NH, for a price of $2,975,000 over a period of 20 years at a fixed rate of 3.35%.

Vote Record approved
Motion by Kenney, seconded by Prescott
Joseph Kenney (R) yes
Andru Volinsky (D) no
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes
Dissenting: Volinsky

Documents (1)

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