99-year lease for the civic space signed

Edwin M.Kimball, Downtown Newmarket (1895)

Edwin M.Kimball, Downtown Newmarket (1895)

On Wednesday, October 13th at 2:15 pm, the NCDC signed the sales agreement for the Newmarket Mills to Eric Chinburg of Newmarket Mills LLC. Our board president, Mike Provost, was fortunate to be there and witness the sales agreements including a lease for our upcoming civic space for 99 years at $1 per year (with an option to renew for another 99 years at $1 per year). Provost immediately paid the first year, which was promptly returned as a donation.

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