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Pease Development Authority approves consent agenda, waives RFP for $60,408 truck purchase and OKs 74‑year lease for 68 New Hampshire Ave
Summary
The board approved multiple consent‑agenda items including infrastructure and service contracts, unanimously authorized a $60,408 pickup purchase with an RFP waiver, and authorized negotiation of a 74‑year lease at 68 New Hampshire Ave; finance staff reported revenues running about 4.5% over budget YTD and provided cash‑flow projections.
The Pease Development Authority board approved a package of consent‑agenda items, a vehicle purchase with an RFP waiver, and authorization to negotiate a long‑term lease, while hearing a finance update that showed year‑to‑date revenues modestly above budget.
Consent agenda and contracts: the board approved consent‑agenda items 1–6, which included equipment and service agreements (Somerset Welding Steel, legal services, Shelter Hangar 7 improvements, New England Life Flight/Boston Med Flight, a New Hampshire Air National Guard lease for a September 2025 air show, and an on‑call HVAC services agreement). A separate division consent motion later approved ports and harbors items including initial fee schedules for Hampton and Rye Harbor, vendor selections for fish‑pier work, and a tie‑in bond for the Rye Harbor study.
Vehicle purchase and RFP waiver: Director Fournier moved that the executive director be authorized to purchase a 2025 Ford F‑250 from a state‑approved vendor for an amount not to exceed $60,408 and requested a waiver of the RFP requirement under RSA 12‑G:8. The motion required a five‑vote affirmative roll call; the board voted unanimously to approve the purchase.
Lease negotiation: the board authorized the executive director to negotiate and finalize a lease with 68 New Hampshire Ave LLC for a proposed 8,400‑square‑foot building with a term and options of 74 years, generally consistent with other PDA leases; the conceptual approval passed by voice vote.
Finance snapshot: Susie, who presented the financial results for the five months ended Nov. 2024, reported consolidated revenues about 4.5% higher than budgeted projections and highlighted favorable line items including fuel flowage fees, dockage and facility rent. She said operating expenses are about 1–1.5% over budget due to one‑time engineering costs for ARPA‑funded projects but overall the balance sheet remains strong with about $5,000,000 in capital PDA and projected inflows of roughly $22,100,000 versus outflows near $26,000,000 over the next nine months.
Other business: staff updated the board on airport and ports projects (fish pier kickoff, fuel system work, and an Alpha North Taxiway preconstruction schedule) and reported continuing FEMA reimbursements.
Outcome and next steps: motions related to the consent agenda, the truck purchase and the 68 New Hampshire Ave lease were approved at the meeting; staff will proceed with procurement and lease negotiations and continue monthly financial monitoring.
