Meetings / Jun 20, 2018 / Item 147

Item 147

approved payment

Jun 20, 2018

Description

Authorize to sell the State-owned land, buildings, and other improvements located at 85 Pleasant Street, Concord, NH, to Bubbles Enterprises LLC for $100,000, which includes the $1,100 administrative fee. Effective upon G&C approval. (2)Further authorize to reserve and retain in favor of the NH Division of Historical Resources as a condition of the foregoing sale a 7 year term historic preservation easement restricting the alteration of the exterior of the building included within the Property. (3)Further authorize to pay 5% of the gross proceeds from the foregoing sale (amounting to $5,000) to Gallo Realty Group LLC, Bedford, NH, as its commission for real estate brokerage and marketing services provided with respect to the Property pursuant to the terms of an Exclusive Listing Agreement dated August 3, 2017, to be effective upon G&C approval. 100% Net Proceeds from Sale (General Funds).

Amount
$100,000
$100,000,, $1,100, $5,000
Funding Source
5% of the gross proceeds from the foregoing sale (amounting to; 100% Net Proceeds from Sale (General Funds)
Vote Record approved
Motion by Volinsky, seconded by Prescott acted as follows
Joseph Kenney (R) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes

Documents (1)

Item_147.pdf Open in new tab →
← Back to Jun 20, 2018 meeting