Item 72

Authorize the Bureau of Right of Way to sell a 0.22 +/- of an acre parcel of State owned land improved with a single-family residence located at 4014 Brown Avenue in the City of Manchester to Marshall Johnson and Michelle Johnson for $130,900 plus a $1,100 Administrative Fee. The Department has also agreed s part of the sale to contribute to the buyer $3,900 towards their closing costs. (2)Further authorize to compensate Prudential Verani Realty from the proceeds of the sale in the amount of $6,545 for real estate services. Effective upon G&C approval. The net proceeds are $120,455 ($130,900 - $6,545 - $3,900). It has been determined by the Division of Finance that this parcel was originally purchased with 80% Federal, 20% Highway Funds.