File #: 21-0086    Version: 1 Name:
Type: resolution Status: Passed
File created: 2/8/2021 In control: City Council
On agenda: 5/10/2021 Final action: 6/14/2021
Title: Resolution appropriating the sum of $700,000 for the acquisition of property and related costs from Boston and Maine Corporation and the Northern Railroad, each of which is a subsidiary of Pan Am Systems, Inc., to support the Merrimack River Greenway Trail Project (CIP #543) and the Concord-Lake Sunapee Rail Trail, authorizing the issuance of bonds and notes in the amount of $600,000, and authorizing the transfer of $100,000 from the Conservation Property Reserve; together with report from the Director of Redevelopment, Downtown Services, and Special Projects.
Attachments: 1. Resolution, 2. Report, 3. PS #1 Concord-Claremont Line, 4. PS #2 BM Northern Line, 5. Map of Concord-Claremont Line, 6. Map of BM Northern Main Line, 7. Pan Am Connectivity Map - State City Properties

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Resolution appropriating the sum of $700,000 for the acquisition of property and related costs from Boston and Maine Corporation and the Northern Railroad, each of which is a subsidiary of Pan Am Systems, Inc., to support the Merrimack River Greenway Trail Project (CIP #543) and the Concord-Lake Sunapee Rail Trail, authorizing the issuance of bonds and notes in the amount of $600,000, and authorizing the transfer of $100,000 from the Conservation Property Reserve; together with report from the Director of Redevelopment, Downtown Services, and Special Projects.