Meetings / Oct 2, 2013 / Item 27C

Item 27C

approved

Oct 2, 2013

Description

TABLED – The Governor and Council on motion of Councilor Van Ostern, seconded by Councilor Pignatelli voted to table the request to sell the State-owned land, buildings, and other improvements located at 85 Pleasant Street, Concord, to JOLO Properties LLC for $95,000 which includes a $1,100 administrative fee. Effective upon G&C approval. (2)Further authorized to reserve and retain in favor of the NH Division of Historical Resources as a condition of the foregoing sale, a 7 year term historic preservation easement restricting the alteration of the exterior of the building included within the Property. (3)Further authorized to pay 5% of the gross proceeds from the foregoing sale (amounting to $4,750) to Gallo Realty Group NH, LLC, Manchester, NH, as its commission for real estate brokerage and marketing services provided with respect to the Property. Effective upon G&C approval. 100% Net Proceeds from Sale (General Funds).

Amount
$95,000
$95,000, $1,100, $4,750
Funding Source
5% of the gross proceeds from the foregoing sale (amounting to; 100% Net Proceeds from Sale (General Funds)
Vote Record approved
Motion by Burton, seconded by Sununu
Raymond Burton (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes
Related Sub-Items (2)

Documents (1)

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