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Board of Aldermen — 9/12/17 Page 49
Alderman Wilshire

| am disappointed tonight that the arts thing didn’t pass, but | do appreciate the efforts of my colleague,
Alderman Clemons, in getting it to the voters. Hopefully we have success there. | want to thank you,
Alderman Clemons, for doing that.

Alderman Schoneman

| forgot to make one announcement. This Saturday at the airport is the Wings and Wheels event. It was
postponed from a previous, a rain date. That’s this Saturday if folks want to come out and see trucks and
touch a truck and touch a plane too. It’s this Saturday at the Nashua Airport. | think it is at 10 o’clock.

President McCarthy

| have to say with regard to the remarks about the Daniel Webster College election, | just don’t see any way we
could have done the due diligence that’s required in the three to four weeks there is until the auction. We don’t
have and won't have a Phase | Environmental Assessment as to whether there’s any hazardous materials on
the property we’d have to remove. Based on the age of the college, | would bet that there are. We don’t have
the architectural information about what’s snow loads, any or all of the buildings were built to, and while they
are currently in use, many of our school buildings and the building on Burke Street are in use that do not
handle the correct snow loads which is why we would have had to tear down the Burke Street building. In
three weeks we’re not going to have that information, and we certainly not going to have it without hiring
professional to generate some of it. To me, it’s a case of if the auction were next summer, maybe we could go
think about it. On the day of the auction, we have to commit to buying the property. That’s four weeks away. |
just can’t see how we could get that done. Nothing has shown me something we would do there that we can’t
do better somewhere else. Additionally, the college paid $680,000 in taxes last year. If we buy it, that revenue
goes away. That’s the equivalent of having another $8 million in debt when one looks at the bottom line of the
budget. | just can’t see a path that would get us there. This is not debate, Alderman Cookson, but go ahead.

Alderman Cookson

Thank you. | wanted to thank you for your comments, Alderman McCarthy.

President McCarthy

You're welcome.

Alderman Cookson

| shared the proposed resolution on August 28". | have heard zero from you with regard to the idea since
then. | took your suggestion, Alderman McCarthy, that evening to present a request to corporation counsel to

write a bond resolution so we could have a public hearing, so we could look into it, but | appreciate your
comments this evening. It would have been helpful prior to tonight.

President McCarthy

Alderman Cookson, | do not have to help someone advance an idea | do not believe in. | gave you all the
advice as the President of the Board that you needed in telling you that there had to be the bond resolution.
By telling you that, | never said | would support it.

Alderman Cookson

| never asked you to support it.

Board of Aldermen — 9/12/17 Page 50
President McCarthy

I’m telling you tonight what the reasons are of why | voted against it.

Alderman Cookson

Thank you.

President McCarthy

| just do not believe we can get it done in that period of time.

Alderman Cookson

| appreciate that. Thank you so much.

Committee announcements:

Alderwoman Melizzi-Golja

PEDC next Tuesday, on the 19", and Strategic Planning on Thursday, the 21°.

ADJOURNMENT

MOTION BY ALDERMAN DEANE THAT THE SEPTEMBER 12, 2017 MEETING OF THE BOARD OF
ALDERMEN BE ADJOURNED

MOTION CARRIED

The meeting was declared adjourned at 11:59 p.m.

Attest: Patricia Piecuch, City Clerk

Greater Nashua

Chamberof
Commerce

See Pk ag

142 Main Street, Fifth Floor
Nashua, NH 03060

Phone: 603 881-8333
Fax: 603 881-7323
September 12, 2017 -

www.nashuachamber.com

The Honorable Brian McCarthy
President, Nashua Board of Aldermen
229 Main Street

Nashua, NH 03060 a

Dear Aldermapyabdstty,

On behalf of the 600+ members of the Greater Nashua Chamber of Commerce, |
am very pleased to let you know of our strong support for the proposed Performing
Arts Center for Nashua, and encourage you and your fellow Aldermen to approve
R-17-116, the legislation authorizing the bond issue for the PAC.

Our Board of Directors took a strong position on the arts when we adopted our
Strategic Plan in 2016, stating that we will actively promote a supported and
thriving arts and cultural environment in Nashua, and that we would specifically
work with city officials and other key community leaders to bring a Performing Arts
Center to Nashua. Our Board reiterated its support for the PAC when City Economic
Development Director Tim Cummings provided an update at our June Board of
Directors meeting. | carried that message to the Board's Budget Review Committee
on August 28, when they met to consider the legislation at a hearing which included
overwhelmingly supportive public comment.

We recognize that this is a significant undertaking for the city, and that there are
costs involved. However, we also believe that the positive economic impact of a PAC
on downtown in particular and on Nashua as a whole will be significant. A PAC will
not only have the direct impact of bringing people to downtown to shop, dine and
attend performances, but it will have the positive, indirect benefit of adding to our
city’s vibrancy, making it more attractive to young people, to highly educated, skilled
workers, and to businesses looking to relocate or expand in Nashua.

September 12, 2017
Aldermen Brian McCarthy re: R-17-116
Page 2

The recently released report by Americans for the Arts provides significant insight
in the value of a vibrant arts and cultural presence in a community. !n fact, the four
New Hampshire communities studied benefited from a combined $120 MILLION
positive economic impact from audience-goers in 2015 alone. Of that, local
government revenues from taxes, fees and licenses totaled $6,536,000.

e These audience-goers were highly educated - on average, 78% hada 4 year
college degree or higher.

e These audience-goers were from higher-income households ~ on average,
54% had a household income of $80,000 or more. .

e Asignificant percentage of these audience-goers came from other
communities ~ on average, 36% of attendees did not live in the community
where the performance they attended was held.

In short, these are the very people we want to attract into Nashua - well educated,
economically successful, and often non-residents who will get a chance to see how
truly great our community is and chose to make their homes and locate their
businesses here.

We strongly urge a positive vote on R-17-116. The economic promise of this project
is there for us to grasp and promises to continue to yield benefits for generations
to come.

Sincerely,

Tracy S. Hatc
President and CEO

The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and
performance organizations, private performance oriented businesses, elected officials, and the broader
community to the conversation. The City and its consultants have produced a report and plan that indicate that
the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of 500-700
is the right fit for the region.

At this time, the City is working through the process of approval for a bond measure for this project. The total
amount of the bond is $15.5 million. This bond will support both purchasing the building, and the construction
and fit up for this modern venue. In addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that will produce substantial revenue, and offset the cost of ongoing operations of the project.

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of
legislation relative to bonding the proposed Performing Arts Center at a meeting of the full Board of Aidermen

at 7 pm on vito Se kember 12th.

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The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and
performance organizations, private performance oriented businesses, elected officials, and the broader
community to the conversation. The City and its consultants have produced a report and plan that indicate that

the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of 500-700
is the right fit for the region.

At this time, the City is working through the process of approval for a bond measure for this project. The total
amount of the bond is $15.5 million. This bond will support both purchasing the building, and the construction
and fit up for this modern venue. In addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that wiil produce substantial revenue, and offset the cost of ongoing operations of the project

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of

legisiation relative to bonding the proposed Performing Arts Center at a meeting of the full Board of Aldermen
at 7 pm on Tuesday, September 12th.

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Name: ~ las sm Ue. « ley Sey
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My commission expires AISA RIB

The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and
performance organizations, private performance oriented businesses, elected officials, and the broader
community to the conversation. The City and its consultants have produced a report and plan that indicate that

the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of 500-700

is the right fit for the region.

At this time, the City is working through the process of approval for a bond measure for this project. The total
amount of the bond is $15.5 million. This bond will support both purchasing the building, and the construction
and fit up for this modern venue. In addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that will produce substantial revenue, and offset the cost of ongoing operations of the project.

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of
legislation relative to bonding the proposed Performing Arts Center at a meeting of the full Board of Aldermen

at 7 pm on Tuesday, September 12th.

f 7
Home address: 2.4 (Merri im ack Xr Mock made MN 4 Ward Number

RSA 456-B:1, IH, B:2, H
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My commission expires /oft] Zl y

The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and
performance organizations, private performance oriented businesses, elected officials, and the broader
community to the conversation. The City ana its consultants have produced a report and olan that indicate that
the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of 500-700

is the right it far the region.

At this time, the City is working through the process of approval for a bond measure for this project. The total
amount of the bond is $15.5 million. This bond will support both purchasing the building, and the construction
and fit up for this modern venue. In addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that will produce substantial revenue, and offset the cost af angoing operations of the project.

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of
legislation relative to bonding the proposed Performing Arts Center at a meeting of the full Board of Aldermen

at 7 pm on Tuesday, September 12th.
Name: pel é Pi PHT
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Notary Public, State of New Hampshire

My commission expires /0/ i [ oy 9

The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and
performance organizations, private performance oriented businesses, elected officials, and the broader
community to the conversation. The City and its consultants have produced a report and pian that indicate that

the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of $00-700

is the right fit for the region.

At this time, the City is working through the process of approval for a bond measure for this project. The total
amount of the bond is $15.5 million. This bond will support both purchasing the building, and the construction
and fit up for this modern venue. In addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that will produce substantial revenue, and offset the cost of ongoing operations of the project.

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of

legislation relative to bonding the proposed Performing Arts Center at a meeting of the full Board of Aldermen

at 7 pm on Tuesday, September 12th.
wo} .
Name: WR AE of Lee Ce Yrclhl

Home address: 4f A bf 2 Chach Acacdl, Ward Number
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Notary Public, State of New Hampshire

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The City of Nashua has brought together architects, performing arts center experts, community leaders, arts and

performance organizations, private performance oriented businesses, elected officials, and the broader

community to the conversation. The City and its consultants have produced a report and plan that indicate that
“e

the 201 Main Street Building (formerly Alec's Shoes) would be the best site, and that an audience size of 500-700

is the right fit for the region.

At this time, the City is working through the process of approval for a bond measure for this prolect. The total
amount of the bond is $15.5 miilion. This bond will support both purchasing the bullding, and the construction
and fit up for this modern venue. in addition, project organizers will also have to raise $4 million from private
donations to make the project possible and most importantly - truly feasible. These private funds will ensure an

endowment that will produce substantial revenue, and offset the cost of ongoing operations of the project.

We, the undersigned, petition the Nashua, NH Board of Aldermen to unanimously vote yes on the passage of
legisiation relative to bonding the proposed Perferming Arts Center at a meeting of the full Board of Aldermen

at 7 pm on Tuesday, September 12th.

Name: Litas S. Me yal

Home address: S80 Be ia fA or. At Boe Ward Number
Man Ousier, AF cgfel

RSA 456-B:1, Ill, B:2, Il
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