Item 7

Authorize the Bureau of Rail and Transit to enter into a retroactive lease agreement with Lake Ridge at Meredith Bay, Meredith, NH in the amount of $287,790.15 for the use of state-owned property in Meredith, NH along Lake Winnipesaukee, commencing July 1, 2025, 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.