Item 109
approved lease late itemMay 18, 2022
Authorize to partially terminate on behalf of the State of NH, that a certain 99-year lease dated April 1, 2000, by and between the State and the City of Laconia, with regard to 2 parcels of State land located in the City of Laconia; further authorize the Department to transfer, on behalf of the State, one of said previously leased parcels of land to the City of Laconia, said transfer to be made in exchange for: (i) the City’s cooperation in partially terminating said lease, (ii) the City’s abandonment and extinguishment of certain unused easements in gross encumbering the State’s title to the main Lakes Region Facility campus tract, and (iii) the City’s termination and release of a certain unused license associated with the unused easements and also certain State covenants of record purporting to restrict certain capabilities and activities at the former Lakes Region Correctional Facility previously located on the LRF campus.