ROCHESTER, N.H. — The city of Rochester has agreed to a deal with the Rochester Fairgrounds to buy a portion of the fairgrounds for about $450,000.
The city and the Rochester Agricultural and Mechanical Association both confirmed Tuesday that they have struck a deal in principle for the city to buy about 11 acres of land inside the fairgrounds. Foster’s Daily Democrat reports the city plans to use the land to build a new Public Works facility, while simultaneously giving the fairgrounds capital to pay off incurred debts.
RAMA is a nonprofit group of stockholders that owns the Rochester Fairgrounds. Last year, the stockholders supported selling a portion of the fairgrounds after the cancellation of the 2017 fair.
City Attorney Terence O’Rourke says the details will be “hammered out” by end of month.
Information from: Foster’s Daily Democrat, http://www.fosters.com