Item 83

Authorize the Bureau of Right of Way to sell a 1.04 +/- acre parcel of State owned land improved with a single-family residence located at 5 Williston Road in the Town of Salem to Nicholas Butkus for $332,000 plus a $1,100 Administrative Fee. The Department has also agreed as part of the sale to contribute to the buyer $600 toward their closing costs. (2)Further authorize to compensate Coco, Early & Associates from the proceeds of the sale in the amount of $16,600 for real estate services. Effective upon G&C approval. The net proceeds are $314,800 ($332,000 - $16,600 - $600). It has been determined by the Division of Finance that this parcel was originally purchased with 88% Federal, 12% Highway Funds.