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Council approves memorandum of understanding to advance Laconia State School redevelopment framework
Summary
The Laconia City Council voted 5-0 to approve a memorandum of understanding with Pillsbury Realty Development LLC creating a framework for continued planning and negotiation on the Laconia State School redevelopment; public commenters pushed for clearer commitments on road, water and sewer capacity and a developer-funded fiscal impact study.
The Laconia City Council on June 23 approved a memorandum of understanding (MOU) with Pillsbury Realty Development LLC to establish a framework for planning and negotiating the redevelopment of the Laconia State School property.
The MOU, presented by Kevin Smith, project manager for Laconia Village, creates a nonbinding structure for city staff and the developer to coordinate technical review, master planning and subsequent site plan work. “This MOU does not approve the master plan. It does not approve any site plans. It is simply the framework for how the mechanics of the development will operate moving…
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