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HB1197: relative to selling a certain parcel of state-owned property to the town of Hopkinton.

Bill details

Version history is not present in imported LFoD data.

Amendments are not present in imported LFoD data.

Roll-call votes are not present in imported LFoD data.

Fiscal notes are not present in imported LFoD data.

Sponsors

Topics

Public Works and Highways Housing and property Local government

Official links

HB 1197-FN-A-LOCAL - AS INTRODUCED

2003 SESSION

03-2180

08/01

HOUSE BILL 1197-FN-A-LOCAL

AN ACT relative to selling a certain parcel of state-owned property to the town of Hopkinton.

ANALYSIS

This bill directs the commissioner of the department of transportation to sell a certain parcel of property to the town of Hopkinton for the sum of $1.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03-2180

08/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Three

AN ACT relative to selling a certain parcel of state-owned property to the town of Hopkinton.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Conveyance of State-Owned Real Estate. Notwithstanding RSA 4:40, the commissioner of the department of transportation shall convey a 5.7 acre parcel of state-owned real estate identified as tax map 222, lot 78 located on the westerly side of route 103 in Hopkinton, to the town of Hopkinton for the sum of $1.

2 Effective Date. This act shall take effect upon its passage.

LBAO

03-2180

6/24/03

HB 1197-FN-A-LOCAL - FISCAL NOTE

AN ACT relative to selling a certain parcel of state-owned land to the town of Hopkinton.

FISCAL IMPACT:

The Department of Transportation indicates this bill will decrease state highway fund revenue and increase local expenditures by an indeterminable amount in FY 2004. There is no fiscal impact on state and county expenditures or county and local revenue.

METHODOLOGY:

The Department states that while this bill provides that a 5.7 acre parcel of state-owned real estate will be conveyed to the Town of Hopkinton for $1, the appraised value of this parcel is between $83,000 and $90,000. The difference between the appraised value and $1 is the estimated revenue loss projected by the Department. The increase in local expenditures represents the amount the Town of Hopkinton will pay for this parcel.