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Old 01-19-2007, 12:54 PM   #1
SAMIAM
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Default Waterfront Leases

Anyone notice that the executice council (now controlled by democrats) refused to renew a waterfront lease held by a Laconia resident on Paugus bay?Councilor Beverly Hollingworth,who has a home overlooking the Atlantic,is leading the fight to cancel existing leases and not award any new requests.This could have a devastating effect on developements such as South Down Shores.
There are many miles of frontage on lakes Winnipesaukee,Winnisquam and Waukewan that border the tracks.
This could have an effect on home values on hundreds of properties on these 3 lakes as well several planned developements,one for 24 homes on lake Winnisquam.
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