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Nothern Pass sweetens Balsams deal

Last modified: 12/23/2011 12:00:00 AM
Northern Pass officials today offered the owners of land around the Balsams resort in Dixville Notch an extra $850,000 for rights to run its high-voltage power lines across the property.

If the trust accepts, the Society for the Protection of New Hampshire Forests would lose its attempt to conserve the 5,800 acres and block Northern Pass from erecting towers on it.

In their pitch, Northern Pass officials said they would still pay $2.2 million they initially offered for the right to put transmission lines across 24 acres of the parcel. And they would still give Colebrook Hospital $200,000 for health initiatives.

The additional $850,000 matches the forest society's offer.

It wasn't immediately clear today how the offer would affect the pending agreement the land's owners already have with the forest society. That deal is awaiting approval from the state attorney general's office, which is overseeing the sale because the land is owned by a trust.

Trustees could not be immediately reached to comment on the offer.

If approved, the trust has given the forest society until mid-January to come up with the $850,000.



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