Item 70

Authorize the State Treasurer, acting on behalf of the Department of Resources and Economic Development, to enter into a Master Lease/Purchase agreement with Pinnacle Public Finance, in an amount not to exceed total construction costs financed of $4,986,637 plus interest of $920,875 for a total of $5,907,512 and to enter into an Escrow agreement dated as of June 30, 2016 by and among the State, Pinnacle Public Finance, and Bank of New York Mellon, as escrow agent, with such authorization effective upon G&C approval. (2)Further authorize to encumber funds for repayment to Pinnacle Public Finance for the payment of construction financing of a contract with Ameresco Inc., to install energy and fossil fuel energy conservation measures at Cannon Mountain Ski Area.