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Old 05-21-2017, 05:21 PM   #57
laketrout
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Quote:
Originally Posted by Woodsy View Post
Laketrout...

The fence design is a negotiable thing.... it does not have to be an ugly chain link fence. On some parts of the existing WOW trail its a pretty nice post & beam design. Certainly that design or something similar should be acceptable.

There is no liability for Southdown as the property in question is owned by the State of NH. Also there is a provision in NH State law that absolves owners of liability when their land is used recreationally by the public. It is this law that keeps snowmobile & ATV trails open to the public.

Laconia is not in a precarious position tax-wise with regards to SD/LB... any possible devaluation of the SD/LB tax base would take years to show up. There are 600+ houses/condos and there are only 12-14 for sale with an avg price of approx. $436K. Not a huge turnover. Traditionally Rail Trails have added value to a community not devalued a community.

IMHO, I think SD/LB is in the precarious position... the nuclear option of NH not renewing their waterfront lease would be most detrimental to all involved.


Woodsy
To each his own. Real Estate sale transactions are slow currently as there is little inventory. Woodsy you quote an average sales price of $436k that's an average and nothing to sneeze at, the average home in Laconia sells for less then 1/2 that. Average Sales of SDS/LB homes equal about 10% of total units per year, & with 660 homes, that percentage fluctuates. In any given year the # of SDS homes sold might be 65 units or 40 units it depends on many economic factors.

With Miles of private land and boat docks and marinas on eithe side of the proposed trail, there is room for Liability and other issues. When 660 residences in your city speak up its time to listen.
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