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Special Board of Aldermen 12-07-2021 Page 6

expressed an interest in buying the property or he received opposition, he would step away. We're asking you to pass
the bond and confirm to him the city as interest. He's told you already he's going to move forward so he hasn't kept his
word — 2,800 signatures. That's widespread opposition. He hasn't kept his word. So with respect to this measure,
this doesn't say the city buys it. This is a measure to pass a bond to give us the opportunity to buy the property. It
also gives us time and opportunity to get matching funds for the trust for public lands. There's a number of resources
that are available at the federal, State, and local level to get monies to preserve this land. Preserve, protect, and
defend this property. We're getting into technicalities when we start to say it's not inside the park. If you spend any
time in that park, you know this is essentially surrounded, right? This property is surrounded by the park. So it is part
and parcel. It is the essence of the park and it will be permanently diminished if the city doesn't take action.

So a couple facts for you. These are some of the studies. | think some of you may have that from 2014 for the Trust
for Public Lands, but it showed that 76% of residents in New Hampshire participate in outdoor recreation and the tax
revenue from that outdoor recreation generates $293 million a year. | don't know what the number is and what the tax
revenue generated by Greeley Park but if you've been there on any summer day, any weekend, even here in the
winter, if you were there Sunday for Santa in the park, how many children came from all across the city? Many of
them from disadvantaged neighborhoods. So it's not my backyard. It's our backyard and it's used by residents of
every single ward in the city.

If you don't take action today, we lose it forever. There's no undo button. There's no second chance. So a couple
others. This study also found residential lands consume $1.12 in services for every dollar in tax revenue. So we
talked about the cost of the bond. We can't afford this development to go in. It's going to cost us money from here on
out. So the benefits of this development are completely...

Alderman O’Brien

30 second.
Robert Lodi

The benefits go to a developer who's out of State and is developing a development that doesn't fit the city. It's an
enclave and it's not accessible the residents in Nashua. We all know the benefit of being outside and we all know the
two year toll that this pandemic has taken, none of which has been felt more greatly than our children denying them
the access to spend time in a wooded area that's accessible by bus through the entire city is something that cannot be
lost. Thank you for your time.

Chairman Dowd

Anyone else in the chamber that wishes to speak in favor of this legislation? If not, | see someone online. Mr.
Richardson do you want to speak in favor?

Dan Richardson

Yes, | do. This is Dan Richardson, 70 Berkeley Street. Can you hear me?
Chairman Dowd

Yes.

Dan Richardson

Okay. | would like to first start off saying that | fully support the logic that Alderman Klee gave in the introduction. |
have been a supporter of Greeley Park for as long as | lived in Nashua, which is 30 years plus. I'm also a member of
the Friends of Greeley Park and which is primarily concerned with protecting the park and having enhancing changes
to the park when they make sense. One of the things that | am worried about is placement of private projects into a
public park. That's happened over and over again so there's always an attempt being made to diminish the value of
the park.

This is a different case. This is the case where we have land that has been appreciated as part of the park, not
knowing all the time that it had actually been private property. | understand about having a purchase and sale
agreement that we can't interfere with that but | urge you to pass this resolution to make money available because in
the event that we don't have the opportunity to buy the park outright, it makes a whole lot of sense for the developer to

Special Board of Aldermen 12-07-2021 Page 7

sell us that slice of land which we will allow it to live fallow to preserve it as public park. For right now it would under
his current plan, it would remain private property with private property rights. | believe that it would be to his benefit
and people would certainly appreciate it if in the event that he continues on with his development, that he sell that
slice of undeveloped property to the city for the enjoyment of the residents and preservation of the park at least as
some of it is without it being...

Alderman O’Brien

30 seconds
Dan Richardson

... just a slice of really hard being hacked away and connected by a narrow strip of park with a road through it. So
please, please do in fact pass this resolution. You might not need to use all of the money but that means you just
don't have to borrow that excess amount of money. Thank you very much.

Chairman Dowd

Is there anyone else that wishes to speak in favor of this legislation?

Kathy Lodi

My name is Kathy Lodi, 12 Bartlett Ave. | don't want to repeat what others have said. | support everything that has
been said in support of this resolution. It's been really hard for people to put themselves in the position to defend this.
I'm not in the position to tell somebody what to do with their property and nor do | want to. However as a landowner
and a taxpayer, | have the right to speak about what gets developed on that property. At a time when we need more
green space, at a time when we need more trees, more connection with the outdoors, we seem to get less and less.
This is very important to a lot of people to 1,000s of people.

Now the reason we're here is not to interfere with the purchase and sale. It is because Mr. Geisinger said he would
back away if the city had interest in purchasing the land. We need your help. We don't want to add more burden to
the taxpayers. We have options. We don't want to deprive the sellers or their agents of the proceeds they would
make from the sale. We have some options. People can get their money and a city can add to a park that the
greenspace that it desperately needs. This doesn't have to be adversarial or even political. Mr. Geisinger said he
would back out if the city had interest. We need you to pass this so he knows the city has interest and we will work on
all of it. We will work on a plan. We will work on the monies. We want to save the land for the park. The people want
this land. Please listen to us. Thank you very much.

Jim Kahnweiler

Yes, Jim Kahnweiler. | live at 56 Hawthorne Village Road in Ward 9. I'd just like to say I'm really impressed by the
support for this legislation and | strongly urge the city council to go ahead and enact the bond agreement. I've only
been a Nashua resident for a little over a year and I've certainly enjoyed walking in Mind Falls Park and to know that |
haven't been to the section that's in question but if it's anything like Mine Falls, the city has a great opportunity to
improve the public space we all enjoy. | just want to thank everyone for their support in moving forward. Thank you.

Chairman Dowd
Thank you. Is there anyone else who would like to speak in favor of this legislation?
Denise Mucillo

Hello, my name is Denise Mucillo. I’m from Ward 8 — 6 Midhurst. | don't think | can add anything to what all these
people eloquently stated here - the facts and so forth. I'd like to say that my father moved us to Nashua, New
Hampshire, from Boston, MA, because of the scenic nature of the city. It would be awful to lose that especially near
Greeley Park. | have enjoyed Greeley Park and my family has enjoyed Greeley Park for four generations. That's
quite a bit of fun that we've had at Greeley Park. There's nature up there. There’s all kinds of songbirds. There is so
much that can be gained and when you folks said that, you know, pretty much it's done. It's a done deal. | wanted to
walk out that door might just say | tried. But | don't think it's a done deal. We had the same problem with 8 Merritt
Parkway that we're going through right now. He wanted to build hundreds and hundreds of apartments there. The
developer did listen to us. He's going to be coming up with an alternative. He's listening to us. He's working with us.

Special Board of Aldermen 12-07-2021 Page 8

It's not a done deal and | want to praise Patricia Klee - I'm sorry, | don't know everybody's name - for her forward
thinking. This land should be conserved for the City of Nashua. There should not be any alternative to that. It should
be conserved. Thank you for your time.

Chairman Dowd
Anyone else who wants to speak in favor?
Steve Dixon

Steve Dixon. Thank you. Yeah and my wife in the back rows is shrinking right now as talk. I'll put the video on. Two
things - Clark Field. We did this already in the north end. The neighborhood walked Clark Field. But my question is
this, how many people live in $600,000 houses? That's what they're there - each house is going to be $600,000.
How many houses - first thing with all due respect, | don't live in a house — Mayor do you live in a $600,000 house? |
just don't see that the plan that they put it on there is going to work.

And then the second point | will make and then I'm done is the track. | go down Columbia Avenue every night, every
day and see the traffic around the school. They have moved St. Chris and Nashua Catholic have combined. They've
put another grade in Nashua Catholic so now instead of 7 and 8'", now it's 6", 7", and 8'". You really need to take a
look at this. You really need to take us - I'm done. Thank you.

Chairman Dowd

Anyone else that wishes to speak in favor of this legislation?

Carrie Spier

Carrie Spier - 9 Columbia Ave. This year and a half, especially with COVID and some injuries that | had to my leg, |
ended up walking through Greeley Park every single day with my husband. Every single day, sometimes twice a day.
The amount of people that we see in the park every day, and they don't obviously don't come from our neighborhood
all the time, they come from all over the place. We've seen multiple weddings on a single day. The kids are playing.
We've seen people hunting for mushrooms. People tracking birds. Parents teaching their kids how to ride bikes. It's
such a well-used park that it's worth everything to expand it because we've seen times when there was so many
things going on that not enough people had places to set up their areas that they weren't having celebrations for.
That's the main point of this.

The second point that I'd like to make is that during a number of meetings, we've heard people say that by putting in
these houses they'll be paying more tax and therefore everybody else will save a little bit of money on their tax. | think
that's a little naive. We all know taxes don't ever, ever go down. 50 years ago now, taxes have never gone down. It's
a balance between the assessed valuation and the tax rate, but it never goes down in total. So | think that's a bit of a
naive argument.

The third thing that we've heard also mentioned is that by having people move into those houses, it'll free up less
expensive houses for people that are retiring. My next door neighbor and my behind neighbor, both bought those
houses within the last year and they are not from Nashua. They are not from the people that own less expensive
houses. They were people from Massachusetts and from out of town. So that argument is also | don't think it's going
to bear any fruition. People who are buying less expensive houses are not going to move into a $600,000 house and
take on that kind of debt at retirement age. So | think it just behooves us to save Greeley Park and not just save it but
to expand it because it's being overused even now. We've actually seen many Sundays with there’s a jousting team
in there. Where else can you find jousters and who even know they still existed? So | think it's worthwhile saving that
part for the creative use that it has. Thank you.

Chairman Dowd
Anyone else would like to speak in favor of the legislation.

Michelle Swallow

Hello, everyone. I'm Michelle Swallow. I'm from 92 Concord Street. Thank you for having this time for us today.
Really this group has said so much about how valuable the park is, what it means to the city, what could be added by
expanding on it? | guess the question | would ask you is why wouldn't you give us the option to move forward? We're

Special Board of Aldermen 12-07-2021 Page 9

asking for approval of a bond. It doesn't mean we have to spend the money. We've heard from the developer that
they want some expression — well they don't want it but they would back away with some expression of interest. Why
wouldn't we express the interest? Just why not? We've heard about the potential for all of us to leave a legacy for the
generations that follow. Why wouldn't we just do this even if it seems like it's not going to go anywhere and it's
hopeless? It's not. There's action we can take. Please, please pass this resolution.

Chairman Dowd

Is there anyone else who would like to speak in favor of this legislation?

Mark Berrigan

Thank you for listening to the citizens of the city. My name is Mark Berrigan. | live at 52 Webster Street in Nashua.
This urban development over development plan is both destructive and dangerous for the quiet and narrow streets of
our neighborhood in which we live. It's totally out of character of what the neighborhood is and as we know it as the
north end. You can't blame citizens from Nashua for choosing a nice place to live. The schools are important - good
schools, city government, city parks, narrow streets, well-groomed houses all add up to an experience that
generations dream of attaining and work so hard to achieve. Along with the surrounding neighborhoods, Greeley Park
is one such place. | can remember exactly the moment | fell in love with Greeley Park. | fell in love with the
indestructible metal slide that no one in their right mind would ever think of today. It seemed 100 feet tall when | was
younger and the swings so long are the chains one can kick tree branches 20 feet in the air. That indestructible slide,
those monkey bars, and swings are still here today for children to enjoy at Greeley Park. Over 50 years that I've
known it, maybe more I'm sure.

The paved path that connects Concord to Manchester streets is the absolute best place to walk, jog, bike uphill both
ways. It's out of sight of any traffic noise or urban overdevelopment pollution. | ran along that path every day when
the city had exercise stations along throughout the woods and that would be the beginning of my training as the
United States Marine Corps Captain and war veteran. | made it through OCS because of that park running along the
Barker property hidden just out of sight. Some of those workout stations are still there too. Along that road is
surrounded by sweet smelling forestry. A little getaway right in our park. Right in our very own town.

For a few years, | lived in a city that had so much urban sprawl it would make your head spin - Los Angeles,
California. When my two daughters were born, | decided right then in there, | wanted a better place for them to grow
up, a place where they could run and play...

Alderman O’Brien

30 second.

Mark Berrigan

... ride their bikes without fear of city traffic. This is why | came back from Los Angeles to live in the very neighborhood
| grew up in Nashua, New Hampshire, to raise my two daughters in the same park that | had the privilege of growing
up in and pushing them on the very same swings and slides. Let's keep the best of Nashua intact. The best place to
live in the country, quite frankly, one hell of a park. It would be a terrible waste of public...thank you.

Chairman Dowd

Is there anyone else that wants to speak in favor of this legislation?

Fred Shirley

My name is Fred Shirley. | live at 111 Atherton Avenue. I've lived in Nashua for over 50 years and during that time,
I've come to realize what an extraordinary place Greeley Park is. People have already said just about everything |
was hoping to say but I’d just add to comments about the uniqueness of Greeley Park. (inaudible) meets the
Manchester River, the city recently put in that beautiful boat ramp so people can access the water. No place else in
the city has that. The other one is that there's a garden there where people can grow plants. Other parks don't have
that kind of thing. | think Greeley Park is something really special.

Special Board of Aldermen 12-07-2021 Page 10

Chairman Dowd

Anyone else like to speak in favor of this legislation? Seeing no one, I'm going to move on to...

Mike Viggiano

Good evening. My name is Mike Viggiano. | live at 35 Columbia Avenue. First, | want to apologize because | had
written up a very nice dissertation for tonight. My wife said it read like warranties and | couldn't get it down to three
minutes. So | sent you all an e-mail. | hope you read all of it. It's | think it's very thoughtful. | think it's meaningful.
It's not a rant, by any means but it says how | feel about how things over the years and over the past centuries have
come about with National Parks and people who saved land, including here in Nashua in the State.

You know, earlier | heard one of you say and | couldn't tell which one because of all the masks that there really is
nothing that can be done. Well I'm looking at a group of people here my neighbors who have a can do attitude about
everything, right? You can’t tell a group of people in this room that nothing can be done. If there's a will on your part,
there's a way to get it done and I'm sure there is with the help of all these folks. Okay. You know, we have been doing
this for how many weeks now? | look at Gary, and Laurie, and Barbara, and Jean. | hope we're all listening to what's
going on yet because a lot is at stake as everybody's already said. And you know, I'm going to do run a little cliché by
you, you know, we're AmeriCANS, not Americants. So let's get this done. Thank you.

Chairman Dowd

So | just want to be clear. It may have been misunderstood. We’re not saying there's nothing that can’t be done. If
the purchase and sale does go through, any project has to go through the Planning Board. The Planning Board will
take into account all the things that you're mentioning tonight and they can stop or change the project. We as
aldermen can't do that. All we can do is have the money available if there's an opportunity to buy the property, which
is what the legislation is addressing. Okay if there's no one else.

Susan Vail

Can you hear me?

Chairman Dowd

Yes.

Susan Vail

Okay. | don't know what mode I'm in here. | just want to quickly say that | would like the Board of Aldermen to
approve the bond.

Chairman Dowd
We need your address.
Susan Vail

Oh, I'm sorry. Suzanne Vail. I’m also a New Hampshire State Representative and I'm at 28 Norton Street, Nashua. |
am speaking in favor of the legislation because | think that we need time to look at the impact that this kind of a
change would have on this park. This is abutting historical property and it's hard for me to imagine having walked the
park, what the park will look like. | think there will be significant changes. | also think the rest of the community, the
city at large as one of the earlier speakers said, | just don't think that they really know what's going on. So | hope that
we can approve this legislation and get some time to look at the situation. | don't think it's just a simple sale from one
family to another developer when there's this many people. It's a big city that's going to be impacted by the loss of
this land. As Alderman Klee had said, once it's gone there's no getting it back. So let's not mess this up. Thank you
so much for your time.

Chairman Dowd

All right. No one else wants to speak in favor.

Special Board of Aldermen 12-07-2021 Page 11

Unknown Male Speaker

| would just like to say | want to thank my neighbors for coming out. Thank you. Thank you for trying to save our
neighborhood. That's what I'm trying to say. Thank you very much.

Chairman Dowd

All right if there's no other further testimony in favor, | will now ask for testimony in opposition to this legislation.
Please come up to the microphone - name and address.

Testimony in Opposition

John Sullivan

John Sullivan, 30 Holbrook Drive, Nashua, New Hampshire, and Ward 9. Thank you for the opportunity to speak
tonight. | come before the Board to share my thoughts on why | think the city shouldn't interfere with private land
development and turn this piece of private land into government owned property. According to the housing study that
just got completed a year ago, Nashua has a housing shortage problem. Our low inventory of housing is driving up
prices. Its economics 101. We lack housing and all price ranges. The Planning Departments set a goal of 5,000
units of housing — 5,000. That's a lot. If this development on private land doesn't happen, there's 44 units towards the
5,000 that won't happen. We're no closer to our goal. | guess we'll just have to develop somewhere else. Where? If
we keep making exceptions for one reason or another, we don't hit our goal. We won't get affordable housing and
we'll make no progress.

If the city buys this land, what does the city do with it? Sell it? To whom? And now we're in the real estate business.
| like my city to focus on infrastructure, public safety, and education not private land development. If the city buys this
land, that's an estimated $600,000 dollars in taxes that we can get in revenue to pay the police, the fire department,
and our teachers. That revenue needs to come from somewhere. Either it comes from current property owners
through higher taxes or we can expand the base. If the city buys this land, our taxes will go up even more. I've
looked at the plans. I've walked the space. I've enjoyed Greeley Park with my family for many, many years. If you
stand on Concord Street and look towards the stone house, you simply cannot see it. If you're enjoying a show on the
stage or playing softball on the fields, it doesn't impact your experience. This doesn't encroach one inch onto Greeley
Park. There are setbacks in place. The city can work with the developer to make them fit the character of the
neighborhood.

Alderman O’Brien

30 seconds.

John Sullivan

This development is forward thinking. The homes don't use a lot of land. That's more homes on less land. It stops
sprawl. If you travel this country in the world, homes are closer together. It increases density. This is the way we
should be developing - smarter, more efficient. If the city buys this land, it sets a bad precedent. There was no
documented uproar when developers bought the land off of Ridge Road in my ward. That was a Boy Scout camp.

Alderman O’Brien

Time.

John Sullivan

It's private land. Let the market take care of itself and have the city provide the guardrails. Thank you.
Chairman Dowd

Anyone else that would like to speak in opposition to this legislation?

Laurie Ortolano

Hi. Yes, good evening. Laurie Orlando, 41 Berkeley Street. | do not think we should act on this bond. This is a

Special Board of Aldermen 12-07-2021 Page 12

private piece of property that a private owner is acting upon and people who believe that we are taking something
away from Greeley Park | think are misguided. Nothing in Greeley Park is changing with respect to the approximately
100 acres that exists there now. We had a recent Master Plan completed and that Master Plan did not identify
expanding Greeley Park at all. In fact, it identified setting up other parks in other parts of Nashua that don't have
parks available.

| walk Greeley Park a good bit and I'm very familiar with the fence area that is the Barker's property. | do not believe
that a development in that area is going to diminish the park or that somehow we have an obligation to scoop up those
13 acres to make them a park more complete. It's almost 100 acre park right now and we have other parts of the city
that don't have them. The housing study, which | read completely, did show approximately 5,000 houses that we are
short and we continue to spend money. | don't know how many people are going to speak up against spending $21
million tonight but we are a spending city and we're doing a lot of spending and somebody's got to pay the bills and
keep the lights on. When you think that the tax revenue raised by that property is insignificant, | think you're wrong. |
also think there's an absolute market for those houses to sell at $700,000. I'm pretty certain a developer would not
propose something that realistically would not sell. | think we have an obligation to let the process work the way the
process should work and everyone's opinions about what is right and wrong should be vetted through the Planning
Board and the Zoning Board if necessary. They're the entities that will be certain that the codes in the ordinances are
followed and that the property is within the right to develop itself the way it can be developed. | think it's really
important that we let that process go.

So | am not in favor of bonding this money. We have a lot of other needs and that is important housing. The unit

Alderman O’Brien

30 seconds.
Laurie Ortolano

The development down by Cherrywood was opposed by people and you're correct, the developer changed from 160
luxury units to 44 townhomes down there with a lot of asphalt space. I'm not certain the residents are going to be that
happy with that either. But this development needs to happen because we continue to spend, and we have a need for
the housing, and the housing report in the Master Plan full support development. Thank you time.

John Cathey

Can you hear me?
Chairman Dowd

Yes.

John Cathey

John Cathey, 32 Hartwell Brook Drive. | am not in favor of Resolution 21-202 for several reasons. The biggest
reason | feel passage of this resolution is a bad idea is the overall cost of the project. When we consider interest on
the debt and the lost tax revenue over the life of the bond, this product doesn't cost $2.5 million, it costs $15 million or
more over 20 years. Even if we remove the future projected revenue, it's still $3.1 million with interest. How can we
the citizens be asked to support this resolution when our Aldermen and our Mayor have not expressed to us how this
will be paid for? Currently, the resolution calls for more debt on top of the $21 million debt which will probably be
approved for the Riverwalk, on top of $20 million debt for the PAC which now puts us over $100 million a day.

Secondly, it strikes me as interesting that we have another issue or resolution being brought to the public and we the
citizens are being asked to approve or disapprove a resolution when we don't have enough information yet. It has not
gone through the proper Planning Board and other committees for recommendations and any other issues that may
arise.

Thirdly although it was stated by one of the Aldermen that they cannot interfere with the process, some have alluded
to figure out a way to interfere and or stop this. | would strongly object to any attempt to interfere or to discuss
interfering with the purchase and sale of this land as it creates a poor legal precedent for how Nashua does things
with businesses and resident’s private property. In closing, passing this resolution is extremely unproven. Currently
without proof of a plan to show us the money used will not affect the taxpayers, it's an added expenditure we cannot

Special Board of Aldermen 12-07-2021 Page 13

afford. We need more information about the source of money being used to purchase this land. Hopefully that
doesn't affect taxes and we have to wait for this resolution to go through the appropriate committees which it has yet
to do. The Master Plan calls for plenty of green space. This is not the only green space available. Emotional appeals
are understandable for making decisions based on emotion are ill advised. This is not to say that having more green
space for this green space is bad, however the expense incurred, and the speedy process on this issue, and the lack
of clear plan that definitely show our taxes will not be affected means this resolution must be rejected until these
issues are solved. Thank you.

Alex Comeau

Yes, thank you. My name is Alex Comeau. | live at 4 Lewis Street. | wanted (inaudible) and protecting our park. To
be very clear, | love Greeley Park. But there's an important distinction to make here however. This parcel of land is
currently undeveloped as park land. It is not an act part of Greeley Park. Reading testimony on social media in both
language and the online petition that’s been circulated that we want to believe that an evil corporation consulting the
board of Massachusetts wants to invade Nashua and build a skyscraper on top one of our softball games. This is
simply not the case. A developer wants to make good use of a piece of property that is not currently being used not to
build another gas station, Dunkin Donuts, or credit union but to build housing. Something Nashua desperately needs
more of. Concern has been raised that adding additional houses will be just traffic in this quiet neighborhood. At the
same time, it was simultaneously debating congestion and traffic on Main Street for another three years.

Development of this property would not have a negative impact on existing services and amenities provided by
Greeley Park. New housing numbers would not result in the loss of Greeley Park’s horseshoe pits or softball fields.
New housing will not result in the reduction of picnic areas and the demolition of the sensory garden. New housing
will not result in the removal of the trail between Manchester Street and Concord Street. All of these wonderful parts
of Greeley Park will still remain. | myself spend a lot of time at Mine Falls using the trails for walking and biking. I've
hosted many of my children's birthday parties in Greeley’s picnic areas and I'm an avid softball player with frequent
use of the field. If there was any chance this development would negatively impact the use of the park, | will be the
first to stand against it but the fact is, that is not the case. If the city proceeds in purchasing this property, we would
have to account for the costs associated with the development and maintenance of part of the city park. The city
would additionally lose the potential tax revenue associated with housing proposed to this area. The citizens of
Nashua are already stretched too thin. You can't expect the city to step in and buy every piece of property that the
developer wants to build on it just because somebody doesn't want condos built at the end of their street.

| understand the Chairman's information that it would not be up to this board to approve this development but this is a
(inaudible) to the Planning Board. But that some petitioners want this bond approved just to prove to the developer
that we are interested. Those two things are tightly woven together. It would be disingenuous of us to approve this
bond to show the seller that we're serious about buying the property without having a serious discussion and approval
to do so. To approve this bond just to hold up this private sale of private property would be wrong. Thank you.
Chairman Dowd

Okay. Anyone else want to give testimony in opposition.

Laura Colquhoun

Yes. Laura Colquhoun, 30 Greenwood Drive. | just find it very funny that the city all of a sudden wants to buy these
13 acres when they put up for sale when in fact, they knew that the owner of this property was paying full property
taxes and never once went to them and said maybe you want to do current use, which is like forest or something else.
This 13 acres is not going to affect Greeley at all. As everybody has said before, Nashua needs affordable housing
and what the developer has done is a very nice plan and | think it should go through. | give credit to the family, the
property owner, because they've been very upfront and has paid their taxes for many, many years. If they want to sell
their land to a developer, | say go for it. Thank you.

Chairman Dowd
Anyone else who would like to speak in opposition to this legislation? Seeing none. I'll now take testimony in favor of
this. If anybody wants to rebut something that was said in opposition, please don't repeat anything was said before

but if you want to say something to counter what was just said in opposition, you may come up one at a time.

Testimony in Favor

Special Board of Aldermen 12-07-2021 Page 14

Denise Mucillo

Denise Mucillo, Ward 8, 6 Midhurst. | would like to rebut to Miss Colquhoun and somebody else said that it's not
going to affect the park. Do you know when the condominiums are going to be built, the townhomes are going to be
built. They're going to moving pesticides because they don't want nice hair. They don't want rodents and so forth.
They're going to be using all kinds of landscaping chemicals that are going to run off into the park. That is going to
affect Greeley Park. If you think $600,000 housing is affordable, you need to talk to 90% of the middle class working
people in this city because | assure you $600,000 housing is not affordable.

Chairman Dowd

Anyone else wants to speak in favor?

Steve D.

I’m back. It is what it is. | agree with the $600,000 but...
Chairman Dowd

Did you state your name and address for the record again.
Steve D.

Stevie D., 31 Columbia Avenue and I'm not the wife of King Dixon. She's already looking. What they said was good
but they don't live here. They don't live on the traffic that comes by the school. They don’t see that and now we're
going to put well so 43 houses with two cars each. Do the math - more cars coming down there. | don’t understand
what they’re saying. Their wards don't want to pay for this. It's not the case. It's the footprint - 13 acres, 13 houses.
That would be the rent that would make their house. Seriously I'll go back to my and I'll stop - | got 30 seconds. We
have a footprint in the north end. We have that football game that we play every year or for the last couple of years.
We have the (inaudible) - let's just keep it and I'm not a guest. | mean, | guess you know you're Selling what
(inaudible) but let's just keep the footprint of a north end with all due respect. I’m done.

Chairman Dowd
Thank you. Anyone else wants to speak in favor? Rebut anything that was...
Robert Lodi

Thank you. Robert Lodi, 12 Bartlett Avenue. | want to congratulate future Alderman Cathey but | think | need to
address some of the mistakes he made. He spoke with emotion and he liked to have facts. He said $21 million is the
repayment on $2.5 million. The assessment is $2.5 million with interest. It's $3.1 million. The debt payment is
$157,812 a year. The city budget for the fiscal year was $425 million. This is .0036% of the budget. The average
median income in the City of Nashua was $37,000. .0037% of that is $13.30. I'll say someone who's making $37,000
a year might be willing to spend $1 a month to keep this park.

Chairman Dowd

Anyone else that wants to speak in favor?

Penny Ferreira

I'm wrestling with my mask. Hi. Thank you for letting me speak again. Penny Ferreira, 3 Birchwood. Again, | keep
referring to the Master Plan that is basically what my understanding is a recommendation and a guideline for what
should happen. I'm going to read you this: A key assumption of built out scenarios is that all developable land will be
developed to its maximum potential. The builder has shown just in his preliminary sketch that he plans to build out to
the max. Build out studies thus present the worst case scenario for the municipality point of view and since most of
the housing development results in a negative cash flow for the municipality, and the reason is that no matter what the
tax base is you're going to incur more costs for schools, fire, police, and waste disposal generated from a
development. So you have to make wise choices. Is it really worth 43 houses to get the tax income when it's really
going to cost the city more when you can provide, again going back to your constituents, and asking them are they

Special Board of Aldermen 12-07-2021 Page 15

willing to pay for this bond. You have a drop in a bucket here of the people that wanted to come tonight or could come
tonight.

| am going to be at every Planning Board. I've already told Matt Sullivan I'm going to be his best friend. I'm going to
call him every week and get educated on what the Planning Board regs are. I'm going to use every tool in my
wheelhouse to fight this. The family has every right to sell the land but it abuts a community - a huge community
property. | am asking, and | don't even know if we can get a valid vote tonight. Are there 10 people? Do we have to
ten or just a majority for the bond?

Chairman Dowd

Just - I'll answer that question. We have a public hearing. After the public hearing, we're going to adjourn for a few
minutes and the Budget Committee will then address each one of these bonds and take action. And whatever action
is taken by the Budget Committee, it goes to the full Board of Aldermen and then the full Board of Aldermen will have
to take any final action.

Penny Ferreira

So let me say this with my mother being a realtor, | learned a lot riding around in cars on weekends with her and
watching her do deals. Yes, the purchase and sales has been signed but this builder is going to have to build in
stages. He's not going to go to closing until a certain point. Anything can happen between the purchase and sales
and closing and there are alternatives. The kids can get what they want...

Alderman O’Brien

30 seconds.

Penny Ferreira

...and not sell to the city because there are other options. The city can be the hero and help negotiate so the people
that want to keep this park intact and add to it - also in here, you're supposed to add more trails by the way. |
encourage you to read this. Then the builder and the listing agent can get what they want without any money having
to be wasted on putting this property in - this development in. Thank you.

Chairman Dowd

Anyone else who wants to speak in favor? Dan Richardson.
Dan Richardson

Yes can you hear me?

Chairman Dowd

Yes, go ahead.

Dan Richardson

So the Board of Aldermen have a responsibility for spending money in the public interest for the greater good of the
city, for the environment of the citizens, and there's been a lot of wasteful spending that this Board of Alderman has
done. This expenditure is a community good. This is money that it would be well spent. It's necessary to provision
legally that you'll have the authority to bond this money. It does not say that you will spend all of the money. It just
says that you're provisioning enough in the event that you have to cover expenses of acquisition, paying for land,
paying for perhaps even the fees of a realtor, and any other expenses perhaps some planning expenses of the
developer in the event of an acquisition or change of plan. So please, please do pass this resolution and give the
authorization to borrow the money for the acquisition.

The other thing I'd like to say is I'd like to reinforce what Mr. Dickinson said about traffic in that area. We have a very
good school — Nashua Catholic Junior High School there and there is a tremendous amount of traffic. My children
went there. It is a great school. People know it's a great school and they send their children there and it's doing very
well. There's a lot of traffic. Parents drop their children off. They pick their children up and you've got to consider that