Item 8

The Bureau of Right-of-Way would like to inform the Governor and Council of new information pertaining to a previously approved item (Item #25, archived document ). On February 26, 2025, the Governor and Council approved the disposal of 4.7 ± acres of State-owned land, located on the southerly side of NH Route 302 (Eastman Road) in the Town of Conway, County of Carroll. At that time, the fair market value was estimated to be $940,000. The value provided was derived based on the subject parcel having 4.7 ± acres. However, a survey of the land has since been conducted, providing the acreage most accurately at 4.02 ± acres. Based on this information the Department revised the appraised fair market value of the subject property with consideration for the reduction in total acreage. This change resulted in the subject property’s fair market value being reduced from $940,000 to $805,000.