Item 42

Authorize the Division of Parks and Recreation to budget and expend $575,000 from the Parks Fund. This amount is for half of the cost of a total amount of $1,150,000 for the purchase of a 396.4 acre parcel of land known as the Lafayette Brook Tract abutting Franconia Notch State Park from Thomas G. Nonis, Trustee for the J and T Land Trust. Effective upon G&C approval through June 30, 2017. 100% Revolving Funds. (2)Further authorize to accept and expend $578,395 from the Department of the Interior Land and Water Conservation Fund Lafayette Brook Tract Project. $575,000 will be for the cost of half of the purchase of a 396.4 acre parcel of land known as the Lafayette Brook Tract abutting Franconia Notch State Park from Thomas G. Nonis, Trustee for the J and T Land Trust and $3,395 will be for Indirect costs and Audit Fund Set Aside costs for this federal program. 100% Federal Funds. Fiscal Committee approved.