New Hampshire Revised Statutes 481:3-a – Lease Program for Lake Francis
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It is the intent of the legislature to authorize a property leasing program, upon those lands under the jurisdiction of the department on the Lake Francis impoundment property. The goal of the property leasing program is to make a solid contribution to the economic vitality of the Pittsburg-Clarksville region. This policy is further designed to engender an appreciation for the appeal of northern New Hampshire for the people of New Hampshire. To accomplish these goals the department shall establish and administer, upon the property of the Lake Francis impoundment area, a property leasing program as a responsibility secondary in priority to the ongoing water resource project of Lake Francis. The department shall have the full authority, as is required, to organize a property leasing program which is compatible with its primary on-site water resource project. The administration of the property leasing program shall be accomplished subject to the following conditions:
I. The present lessees shall be given first priority in leasing their present property under the new program.
II. The term of the leases, subject to appropriate behavior as determined by the department, shall be 25 years and shall be renewable at the option of the lessee. The rental payment shall be recalculated and adjusted no later than 5 years following its last determination.
I. The present lessees shall be given first priority in leasing their present property under the new program.
Terms Used In New Hampshire Revised Statutes 481:3-a
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Department: means the department of environmental services. See New Hampshire Revised Statutes 481:2
- following: when used by way of reference to any section of these laws, shall mean the section next preceding or following that in which such reference is made, unless some other is expressly designated. See New Hampshire Revised Statutes 21:13
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Project: shall be deemed to include all property, rights, easements and franchises relating to the project and necessary or convenient for its operation. See New Hampshire Revised Statutes 481:2
II. The term of the leases, subject to appropriate behavior as determined by the department, shall be 25 years and shall be renewable at the option of the lessee. The rental payment shall be recalculated and adjusted no later than 5 years following its last determination.