Item 109

Authorize, acting on behalf of the Governor pursuant to RSA 4:29, to purchase the land, buildings, and other improvements comprising the former Granit State College facility located at 25 Hall Street in Concord, NH from the Trustees of the University System of New Hampshire for $6,250,000, pursuant to the terms of a certain Purchase and Sale Agreement submitted herewith to become fully effective upon authorization by the G&C, subject to the existing Merrimack County Savings Bank ground lease, to be assumed by the State as the new property owner, and to pay certain additional customary and negotiated closing costs incurred and associated therewith. 100% Capital Funds. (2) Further authorize to accept and expend $25,608 for lease rental payments for a stand-alone automated teller machine, from Merrimack County Savings Bank, located at 25 Hall Street, Concord, NH. Effective upon G&C through June 30, 2025. 100% Agency Income