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2017 New Hampshire Revised Statutes
Title XIX - PUBLIC RECREATION
Chapter 216-A - EXPANSION OF STATE PARK SYSTEM
Section 216-A:3-n - Financial Analysis Required.
Universal Citation: NH Rev Stat § 216-A:3-n (2017)
216-A:3-n Financial Analysis Required. –
I. The director of the division of parks and recreation shall retain an independent financial consulting firm to conduct a written analysis of a lease proposal for the lease of state park property, operations, or management and render an opinion as to the financial viability of the lease proposal if:
(a) The lease term is for a minimum of 10 years; and
(b) The lease is for the entirety or majority of the state park or its facilities and improvements, or is for the entirety or majority of the state park operation or management; or
(c) The lease is to enable significant capital investment in the state park.
II. A proposed or existing lessee shall be liable for the cost of the financial analysis under paragraph I if so required by the director of the division of parks and recreation.
I. The director of the division of parks and recreation shall retain an independent financial consulting firm to conduct a written analysis of a lease proposal for the lease of state park property, operations, or management and render an opinion as to the financial viability of the lease proposal if:
(a) The lease term is for a minimum of 10 years; and
(b) The lease is for the entirety or majority of the state park or its facilities and improvements, or is for the entirety or majority of the state park operation or management; or
(c) The lease is to enable significant capital investment in the state park.
II. A proposed or existing lessee shall be liable for the cost of the financial analysis under paragraph I if so required by the director of the division of parks and recreation.
Source. 2012, 136:1, eff. Aug. 4, 2012.
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