Meetings / Feb 15, 2017 / Item 56

Item 56

approved payment

Feb 15, 2017

Description

Authorize, on behalf of the Department of Health and Human Services, to sell the State-owned land, buildings, and other improvements located at 1234 River Road, Manchester to Lubavitch of NH for $625,500, plus a $1,100 administrative fee. Effective upon G&C approval. (2)Further authorize to pay 6% of the gross proceeds from the foregoing sale (amount to $37,530) to The Norwood Group Inc., (d/b/a NAI Norwood Group), Bedford, NH, as its commission for real estate brokerage and marketing services provided with respect to the Property. Effective upon G&C approval. 100% Net Proceeds from Sale (General Funds).

Amount
$625,500
$625,500,, $1,100, $37,530
Funding Source
6% of the gross proceeds from the foregoing sale (amount to; 100% Net Proceeds from Sale (General Funds)
Vote Record approved
Motion by Volinsky, seconded by Pappas
Joseph Kenney (R) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes

Documents (1)

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