Item 95
approved paymentSep 16, 2015
Description
Authorize, acting on behalf of the Liquor Commission, to sell the former State Liquor store property located at 417 South Broadway, Salem, to South Broadway Development LLC for $3,900,000 plus a $1,100 administrative fee. (2)Further authorize to pay $78,000 to Nautilus Realty Group LLC, North Hampton, NH, as its commission for real estate brokerage and marketing services provided. Effective upon G&C approval. 100% Net Proceeds from Sale (General Funds).
Amount
$3.9M
$3,900,000, $1,100, $78,000
Department
DEPARTMENT OF ADMINISTRATIVE SERVICES
Funding Source
100% Net Proceeds from Sale (General Funds)
Vote Record
approved
Joseph Kenney
(R)
yes
Colin Van Ostern
(D)
yes
Christopher Sununu
(R)
yes
Christopher Pappas
(D)
yes
Dave Wheeler
(R)
yes
Documents (1)
Item_95.pdf
Open in new tab →