Item 1
approved contractDec 29, 2017
Description
Authorize to enter into a sole source Loan Agreement to provide the National Council on Alcoholism and Drug Dependence/Greater Manchester (NCADD) with a revolving line of credit not to exceed $250,000, effective upon Governor and Executive Council approval through June 30, 2019. 100% Other Funds. This Line of Credit is to be repaid to the State pursuant to the terms of a Revolving Line of Credit Note and is secured by a mortgage on NCADD property at 101 Manchester Street in Manchester, New Hampshire as well as an assignment of claims against third parties.
Amount
$250,000
$250,000,
Department
DEPARTMENT OF HEALTH AND HUMAN SERVICES
Division of Behavior Health, Bureau of Drug and Alcohol Services
Funding Source
100% Other Funds
Vote Record
approved
Joseph Kenney
(R)
yes
Andru Volinsky
(D)
yes
Russell Prescott
(R)
yes
Christopher Pappas
(D)
yes
Dave Wheeler
(R)
yes
Documents (1)
Item_1.pdf
Open in new tab →