1963 - Lane Memorial Library

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40 HAMPTON TOWN REPORT 2. We believe that the resulting change of ownership which would occur in a comparatively short time would not be in the best interests of our community as it stands today. 3. We believe that leaseholds issued by the Town have not adversely affected the growth and development of Hampton Beach as the quality, of construction has constantly improved. 4. Financing for qualified borrowers has been available in adequate amounts fori construction and improvements on said leaseholds. 5. Your committee feels that it would be highly improbable that the Town would ever be in a position to set values on individual leaseholds that would be fair and equitable to all parties involved. 6. Your committee further believes that the Town should not be put in the position of forcing the present lessees (many of whom have held town leases for periods up to 50 years) to purchase this property against their wishes, as it would present a great financial problem. 7. It would appear that the Town of Hampton does not have the power to transfer the proceeds from sale of Town land to an irrevocable trust fund for the benefit of the Town. The powers of a town as set forth in Chapter 31 of R.S.A. contain authority for towns to "take and hold in trust, gifts, legacies and devises made to them." No authority is therefore granted to towns to transfer their own property in trust. The power of a municipal corporation is derived solely from the laws of the State and must be confined by its charter or the laws which created it. It would thus appear a spe-
HAMPTON TOWN REPORT 41 cial act of the Legislature would therefore be necessary to create a trust or an irrevocable trust. 8. It is recommended that the Selectmen consider the advisability of extending the term of the lease from ten to fifteen years in order that the leaseholder may be able to obtain more favorable financing. 9. It is further recommended that the Selectmen consider establishing the yearly rental charge on a fair assessment of the land value to the current tax rate. It should be noted that in reaching the final recommendations that the Town retain the land presently under leasehold at this time, no one factor was all-conclusive but rather, by weighing all the factors involved, the committee arrived at its final conclusions. The committee wishes to extend its thanks to all the Town Officials and Citizens for the information they have furnished, and also to the Hampton Union and the Merchants Review for their press coverage in bringing the information to the public. Respectfully JOHN D. submitted LONG, Chairman CORA L. MUNSEY, Sec'y DEAN B. MERRILL WALTER NICHIPOR H. ALFRED CASASSA
Page 1 and 2: p 552.07 1232 1963 Jk iiji 325th of
Page 3 and 4: 5n jHemoriam Edward S. Seavey, Jr.
Page 5 and 6: Three Hundred and Twenty-sixth ANNU
Page 7 and 8: HAMPTON TOWN REPORT Town Officers M
Page 9 and 10: HAMPTON TOWN REPORT 5 Zoning Board
Page 11 and 12: HAMPTON TOWN REPORT Report of the A
Page 13 and 14: HAMPTON TOWN REPORT Result of Votin
Page 15 and 16: HAMPTON TOWN REPORT 11 Report of th
Page 17 and 18: HAMPTON TOWN REPORT 13 would tie in
Page 19 and 20: HAMPTON TOWN REPORT 15 that what is
Page 21 and 22: HAMPTON TOWN REPORT 17 General Expe
Page 23 and 24: HAMPTON TOWN REPORT 19 In view of t
Page 25 and 26: HAMPTON TOWN REPORT 21 Mr. John Mah
Page 27 and 28: HAMPTON TOWN REPORT 23 recreation t
Page 29 and 30: HAMPTON TOWN REPORT 25 Urged assemb
Page 31 and 32: HAMPTON TOWN REPORT 27 ARTICLE 8 $1
Page 33 and 34: HAMPTON TOWN REPORT 29 ARTICLE 14 S
Page 35 and 36: HAMPTON TOWN REPORT 31 Mr. Lawrence
Page 37 and 38: HAMPTON TOWN REPORT 33 Article 17 i
Page 39 and 40: HAMPTON TOWN REPORT 35 Mrs. Donald
Page 41 and 42: HAMPTON TOWN REPORT 37 cussion rega
Page 43: HAMPTON TOWN REPORT 39 (3) The lega
Page 47 and 48: HAMPTON TOWN REPORT 43 the good of
Page 49 and 50: HAMPTON TOWN REPORT 45 A special me
Page 51 and 52: HAMPTON TOWN REPORT 47 thought of t
Page 53 and 54: HAMPTON TOWN REPORT 49 Mr. David Co
Page 55 and 56: HAMPTON TOWN REPORT 51 SUMMARY INVE
Page 57 and 58: HAMPTON TOWN REPORT 53 REPORT of an
Page 59 and 60: HAMPTON TOWN REPORT 55 Tax Collecto
Page 61 and 62: HAMPTON TOWN REPORT 57 DIVISION OF
Page 63 and 64: HAMPTON TOWN REPORT 59 Indebtedness
Page 65 and 66: HAMPTON TOWN REPORT 61 Levy of 1961
Page 67 and 68: HAMPTON TOWN REPORT 63 EXHIBIT A-2
Page 69 and 70: Town Warrant
Page 71 and 72: HAMPTON TOWN REPORT A-3 * ARTICLE 5
Page 73 and 74: HAMPTON TOWN REPORT A-5 to see if t
Page 75 and 76: HAMPTON TOWN REPORT A-7 South Bound
Page 77 and 78: HAMPTON TOWN REPORT A-9 ARTICLE 23.
Page 79 and 80: HAMPTON TOWN REPORT A-ll ARTICLE 29
Page 81 and 82: HAMPTON TOWN REPORT A-13 accept the
Page 83 and 84: HAMPTON TOWN REPORT A- 15 Board of
Page 85 and 86: HAMPTON TOWN REPORT A- 17 D. To ado
Page 87 and 88: Town Budget
Page 89 and 90: HAMPTON TOWN REPORT A-21 HAMPTON. N
Page 91: HAMPTON TOWN REPORT A-23 t Cash Sur
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68 HAMPTON TOWN REPORT BUDGET SUMMA
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70 HAMPTON TOWN REPORT Head Tax Ref
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72 HAMPTON TOWN REPORT Street Light
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74 HAMPTON TOWN REPORT EXHIBIT B-2
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76 HAMPTON TOWN REPORT EXHIBIT C-l
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78 HAMPTON TOWN REPORT EXHIBIT C-2
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80 HAMPTON TOWN REPORT — DR. —
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82 HAMPTON TOWN REPORT — CR. —
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84 HAMPTON TOWN REPORT EXHIBIT F TO
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86 HAMPTON TOWN REPORT Proof of Bal
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88 HAMPTON TOWN REPORT Proof of Bal
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92 HAMPTON TOWN REPORT EXHIBIT K TO
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96 HAMPTON TOWN REPORT Report of Li
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98 HAMPTON TOWN REPORT FIRE DEPARTM
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100 HAMPTON TOWN REPORT HAMPTON MUN
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102 HAMPTON TOWN REPORT ANNUAL REPO
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104 HAMPTON TOWN REPORT BALANCE SHE
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106 HAMPTON TOWN REPORT Promotional
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108 HAMPTON TOWN REPORT Add: Other
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