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No Closing Again On Sale of Former Laconia State School as Developer Works On Financing

Posted on AllSides March 12th, 2024
From The Center

LACONIA – There will be no closing on the sale of the former Laconia State School Wednesday as the governor and Executive Council were expecting. A spokesman for the developer said they are asking “a little more time to lock in the financing,” for the $21.5 million offer to buy the 220 acres on Parade Road. On Dec. 21, 2022, the state’s Executive Council voted 3-2 to enter a purchase and sales agreement to sell property to Legacy at Laconia LLC. Voting to oppose the sale were Executive Councilors Ted...

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https://indepthnh.org/2024/03/12/no-closing-again-on-sale-of-former-laconia-state-school-as-developer-works-on-financing

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