Meetings / Nov 8, 2023 / Item 6

Item 6

approved

Nov 8, 2023

Description

Authorize to hold a meeting of the Governor and Council of New Hampshire to be held at the Council Chambers, State House, Concord, New Hampshire on Wednesday, November 8, 2023. The meeting will include a public hearing beginning at 10:00 a.m. pursuant to RSA 162-I with regard to the recommendation of the Business Finance Authority of the State of New Hampshire to authorize the issuance of up to $33,100,000 of bonds and the award a guarantee of the State of New Hampshire of the payment of a bond in the principal amount of up to $31,100,000 to be purchased by Enterprise Bank and Trust Company for the benefit of Sig Sauer Real Estate Inc. (with any successors, assigns or affiliates thereof, “Sig Sauer”) for additional improvements and renovations to an existing 89,000 square foot building and the construction of a 27,700 square foot extension thereto, including site work and related improvements, located at 7 Amarosa Drive, and certain other site work ancillary thereto at adjacent land owned by Sig Sauer, or an affiliate thereof, including landscaping, drainage, parking and a reconfigured driveway connecting to a future traffic circle to be located on Milton Road, all of which will be used for manufacturing, office space and cafeteria, including related improvements and site work, located in the City of Rochester, New Hampshire.

Amount
$33.1M
$33,100,000, $31,100,000
Vote Record approved
Motion by Kenney, seconded by Stevens
Joseph Kenney (R) yes
Cinde Warmington (D) yes
Janet Stevens (R) yes
Ted Gatsas (R) yes
Dave Wheeler (R) no
Dissenting: Wheeler

Documents (1)

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