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Old 11-24-2017, 06:26 AM   #53
joey2665
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Quote:
Originally Posted by PeterG View Post
Oops, sorry--I should read more carefully.



But with all due respect, especially after my misreading of your post--If the recipient is a real charity, and I believe the previously cited Loon Preservation Committee would qualify here, they will not need to pay property taxes.



https://www.nhmunicipal.org/TownAndCity/Article/60


There is an application process and itís not guaranteed they will be exempt from property tax. Given the history of Laconia and property taxes i would say it is highly unlikely they would give up the tax revenue from a piece of property that would be assessed near 2M. That is roughly 30k yearly for the city to forgo.


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