Item 17

Authorize the Bureau of Rail and Transit to enter into a retroactive lease agreement with William P. Ratcliffe in the amount of $11,132.50 for the use of state-owned property in Laconia, NH along Paugus Bay. Effective retroactive to July 1, 2025, upon G&C approval through June 30, 2030. Effective upon G&C approval. The land will be conveyed without any explicit covenants, restrictions, or permissions regarding hunting, fishing, or other recreational activities. Applicable local and state laws will govern such activities.