Meetings / Sep 18, 2013 / Item 78

Item 78

approved consent calendar

Sep 18, 2013

Description

Authorize the Bureau of Rail & Transit to enter into a Loan Agreement with the Mount Washington Railway, Base Station Road, Mount Washington, NH, for the construction of a diesel locomotive, in an amount not to exceed $750,000. Effective upon G&C approval through March 31, 2034. 100% General Funds – Capital. (2)Further authorize the amount of $7,500 for payment to the DOT, Bureau of Rail and Transit for monitoring and compliance of the loan agreement. 100% Other – Fee Revenue.

Amount
$750,000
$750,000, $7,500
Vendor
Mount Washington Railway, Base Station Road
Mount Washington, NH
Funding Source
100% General Funds; 100% Other
Vote Record approved
Raymond Burton (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes

Documents (1)

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