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EDA approves $900,000 purchase agreement for High Street parcels after closed meeting

Portsmouth Economic Development Authority · December 18, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Following a closed session on negotiating strategy, the Portsmouth EDA adopted a resolution approving a purchase agreement for multiple High Street parcels at a $900,000 purchase price to support Lake District revitalization and authorized execution and implementation steps.

After convening a closed meeting to discuss negotiating strategy for real‑property acquisition, the Portsmouth Economic Development Authority returned to open session and approved a resolution to ratify a purchase agreement for multiple High Street parcels.

The resolution, moved by a…

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