durham_capital_improvement_program_sammys_lot_purc.pdf
Durham Plans $1.5M Purchase of Sammy’s Lot
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Description
The Town of Durham plans to purchase the 51-space Sammy's Lot parking parcel from UNH in 2030 for an estimated $1,500,000, funded by a 20-year municipal bond. This acquisition would convert the existing year-to-year MOA arrangement into outright ownership of a strategically located downtown parking lot.
Contract Details
Contract Amount
$1,500,000
Vendor
UNH
Agency
Town of Durham, NH
Contract Type
FACILITIES
Document Date
May 9, 2026
Contract Term
One-time property purchase; 20-year bond financing
Renewal Info
This is a proposed one-time outright property purchase replacing the existing year-to-year Memorandum of Agreement; no renewal terms are indicated.
More from UNH
Related Contracts
capital_improvement_program_purchase_of_sammys_lot.pdf
PLANNEDWolfeboro Waters Committee Agenda April 2026
PENDINGWolfeboro Waters Committee Agenda April 2026
PENDINGTown of Mont Vernon Selectmen Meeting Minutes February 2026
PENDINGtown_of_durham_2026_proposed_budget.pdf
ONGOINGMore from Town of Durham
capital_improvement_program_gis_program.pdf
capital_improvement_program_purchase_of_sammys_lot.pdf
Durham Trustees of Trust Funds Meeting Agenda April 2026
Town of Durham Trustees of Trust Funds Meeting Minutes January 2026
town_of_durham_2026_proposed_budget_town_administr.pdf
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