The state would take possession of the Manchester site, seek a buyer at or above market value, and request approved funds to maintain it until sale.
The state would take possession of the Manchester site and look for a buyer. It would offer the property for at least market value, and the governor and council would have to approve a sale.
Until the site is sold, the department would request approved funds to maintain it. Sale proceeds would go to the state's general fund, but the bill does not provide maintenance funding.
The Department of Administrative Services would take possession of the site, seek a buyer, and arrange agreements needed for its sale or lease. This covers the entire property on South River Road in Manchester that currently houses the Sununu Youth Services Center. The department would give high priority to a buyer expected to strengthen Manchester's and New Hampshire's tax and business tax rolls. The property would be offered for at least market value. Before a sale, the department would consult Manchester, the state business and economic affairs department, and other appropriate organizations. The governor and council would have to approve a sale. The department would start looking for a buyer after taking possession. The bill gives no date for the sale.
The department would request money to maintain the property until it is sold, and sale proceeds would go to the state's general fund. These provisions cover maintenance of the site before its sale and all money received from the sale. The department's request for maintenance money would need approval from the fiscal committee and the governor and council. The bill does not provide that money itself; the governor could draw approved funds from money not otherwise appropriated. The maintenance request would cover the period until the property is sold.
No hearings or votes scheduled.