Meetings / May 23, 2014 / Item 74

Item 74

approved amendment consent calendar

May 23, 2014

Description

Authorize to retroactively amend the current purchase and sale agreement with Juliet Marine Systems Inc., (originally approved by G&C on March 5, 2014), for the sale of the former Stratham Campus, land and building, by extending the due diligence period from April 15, 2014 to September 15, 2014 and amending such other provisions as contained in the Third Amendment to the Purchase and Sale Agreement for the sale of 89.9 +/- acres, consisting of 100,035 +/- square foot building located at 275 Portsmouth Ave, Stratham (the “Premises”), to Juliet Marine Systems Inc., (the “Buyer”).

Vote Record approved
Motion by Pappas, seconded by Kenney and with Councilors Van Ostern and Sununu recusing themselves
Joseph Kenney (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes

Documents (1)

Item_74.pdf Open in new tab →
← Back to May 23, 2014 meeting