This bill appropriates $3,000,000 to the Department of Administrative Services for the reimbursement of the city of Laconia for expenditures related to public water, sewer, and road infrastructure improvements needed for the development of the former Laconia state school campus property. The appropriation is conditioned upon the successful closing of a sale of the property. The funds will be charged against the proceeds from the sale and will be expended by the commissioner of administrative services. Any unexpended amount will lapse to the general fund.

The bill does not have a fiscal impact on the state, county, or local level. The funding for the reimbursement will come from the proceeds of the sale of the property. There are no new positions authorized by this bill. The Department of Administrative Services is not aware of any existing obligation to fund or reimburse the city of Laconia for the infrastructure improvements.