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Special Board of Aldermen 01-25-2021 Page 4
Chairman Dowd

Right. But you'll take our questions as well?

Chairman Dowd

lf you have any questions relative to what the bond is about. We will also be covering these in the following
meeting but if you have questions as to what the bond is being us for ...

Alderwoman Lu
OK, alright, I'll wait, thank you.
Chairman Dowd

OK. Again | will seek testimony in favor. Is there anyone in the public that has questions or concerns in favor
of this bond?

TESTIMONY IN FAVOR - None

TESTIMONY IN OPPOSITION - None

TESTIMONY IN FAVOR - None

TESTIMONY IN OPPOSITION - None

Chairman Dowd closed the public hearing on R-21-105 at 7:09 p.m.

R-21-106 AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO EXCEED
THE AMOUNT OF TWO MILLION SEVEN HUNDRED THOUSAND DOLLARS ($2,700,000)
FOR VARIOUS IMPROVEMENTS AT THE SOLID WASTE DEPARTMENT FOUR HILLS
LANDFILL AND THE PURCHASE OF TWO REFUSE TRUCKS

Chairman Dowd

Director Fauteux, did you want to start that off with an explanation?

Lisa Fauteux, Director of Public Works

Superintendent LaFleur is here to speak to that, Alderman Dowd.
Chairman Dowd
Ok, Jeff?

Jeff LaFleur, Superintendent of Solid Waste

Jeff LaFleur, Superintendent of Solid Waste. Yes, this comprises, this starts off with a landfill gas expansion
FY’21 of $1.2 million dollars. As you guys all know that every year | do gas expansions to control the odors and
mitigate any fugitive emissions at the landfill. This will give me the opportunity to secure a vendor and call them
in any time that | have an issue at the landfill and speed up the process of getting that taken care of.

Special Board of Aldermen 01-25-2021 Page 5

Solid Waste Equipment Coverage Storage of $500,000.00; all of our equipment as you guys know is all outside
right now, snow covered, in the weather. We are trying to get most of my equipment underneath cover like my
loader. Most of all my trash trucks and any other equipment that we can fit in there just to keep it out of the
weather and try to get some more longevity out of our equipment. Solid Waste Scale Replacement, most
scales have been in place long before | started with the City 23 years ago and at any time they could start to
go. So | want to get that process moving to get those replaced and have a new system up and running. And
then our replacement of two refuse trucks for $600,000.00.

Chairman Dowd

OK. Do any of the Aldermen have any questions about what the contents are for this bond? Seeing none, | will
now look for testimony in favor of R-21-106.

TESTIMONY IN FAVOR - None

TESTIMONY IN OPPOSITION - None

TESTIMONY IN FAVOR - None

TESTIMONY IN OPPOSITION - None

Chairman Dowd closed the public hearing on R-21-106 at 7:12 p.m.

R-21-107 AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO EXCEED
THE AMOUNT OF FIVE MILLION ONE HUNDRED FIFTY THOUSAND DOLLARS
($5,150,000) FOR THE CITY’S SEWER INFRASTRUCTURE PROGRAM

Chairman Dowd

Director Fauteux, who will be giving us that presentation?

Director Fauteux

Actually City Engineer Dan Hudson is here to speak to that, Alderman Dowd.

Chairman Dowd

Ok, Dan?

Dan Hudson, City Engineer

Thank you Mr. Chair. So this is the bond for the annual sewer work. It covers both the replacement of pipes
and the inspection and lining of pipes. It is healthy program but we have a lot of pipes to look at and maybe we
are playing a little bit of catch up. So if we find good value in this, as discussed previously, lining is a lot less
expensive than replacement and this is what enables us to find pipes, line the ones in disrepair before they go
into a worse state and need replacement.

Chairman Dowd

OK, does anyone have any questions concerning the content of what this bond is going to be used for. Seeing
and hearing none, | will now ask for testimony in favor of R-20-107.

TESTIMONY IN FAVOR - None

Special Board of Aldermen 01-25-2021 Page 6

TESTIMONY IN OPPOSITION - None

TESTIMONY IN FAVOR - None

TESTIMONY IN OPPOSITION - None

Chairman Dowd closed the public hearing on R-21-107 at 7:14 p.m.
ADJOURNMENT

MOTION BY ALDERMAN O’BRIEN THAT THE JANUARY 25, 2021, SPECIAL MEETING OF THE
BOARD OF ALDERMEN BE ADJOURNED BY ROLL CALL

A viva voce roll call was taken to adjourn the Board of Aldermen meeting which resulted as follows:
Yea: Alderman O’Brien, Alderman Klee, Alderwoman Kelly, Alderman Dowd,

Alderman Clemons, Alderman Lopez, Alderman Tencza,

Alderwoman Lu, Alderman Jette, Alderman Schmidt, Alderman Laws,

Alderman Cleaver, Alderman Harriott-Gathright, Alderman Wilshire

14

Nay: 0
MOTION CARRIED

The meeting was declared adjourned at 7:15 p.m.

Attest: Susan K. Lovering, City Clerk

SPECIAL BOARD OF ALDERMEN
JANUARY 25, 2021

7:00 PM

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PRESIDENT LORI WILSHIRE CALLS ASSEMBLY TO ORDER

PRAYER OFFERED BY CITY CLERK SUSAN K. LOVERING
PLEDGE TO THE FLAG LED BY ALDERMAN LINDA HARRIOTT-GATHRIGHT
ROLL CALL

PUBLIC HEARINGS
R-21-105

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS
NOT TO EXCEED THE AMOUNT OF ONE MILLION FIVE HUNDRED THOUSAND
DOLLARS ($1,500,000) TO PURCHASE TWO NEW ENGINE PUMPER TRUCKS FOR
THE FIRE DEPARTMENT

Testimony in Favor
Testimony in Opposition
Testimony in Favor

Testimony in Opposition

R-21-106

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO
EXCEED THE AMOUNT OF TWO MILLION SEVEN HUNDRED THOUSAND DOLLARS
($2,700,000) FOR VARIOUS IMPROVEMENTS AT THE SOLID WASTE DEPARTMENT

FOUR HILLS LANDFILL AND THE PURCHASE OF TWO REFUSE TRUCKS

Testimony in Favor

Testimony in Opposition

Testimony in Favor

Testimony in Opposition

R-21-107

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO
EXCEED THE AMOUNT OF FIVE MILLION ONE HUNDRED FIFTY THOUSAND
DOLLARS ($5,150,000) FOR THE CITY’S SEWER INFRASTRUCTURE PROGRAM

Testimony in Favor

Testimony in Opposition

Testimony in Favor

Testimony in Opposition

ADJOURNMENT

R-21-105

RESOLUTION

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS
NOT TO EXCEED THE AMOUNT OF ONE MILLION FIVE HUNDRED THOUSAND
DOLLARS ($1,500,000) TO PERCHASE TWO NEW ENGINE PUMPER TRUCKS FOR

THE FIRE DEPARTMENT

CITY OF NASHUA

In the Year Two Thousand and Twenty-One

RESOLVED by the Board of Aldermen of the City of Nashua that the Mayor of the City
of Nashua and the City Treasurer of the City of Nashua are hereby authorized to issue and sell
general obligation bonds of the City in an aggregate principal not to exceed one million five
hundred thousand dollars ($1,500,000). The proceeds of said bonds shall be used to purchase
two new engine pumper trucks for the Fire Department. The useful life of the trucks is fifteen
(15) years. The vehicles are listed in the Capital Equipment Reserve Fund (CERF) report for
both FY 21 and FY 22.

Pursuant to Nashua City Charter §54-a, this resolution requires a “duly advertised public
hearing.” Also see N.H. RSA 33:9, which requires a 2/3 vote for passage of this resolution.

The bonds shall be general obligations of the City of Nashua, payable as to principal and
interest from ad valorem taxes, which will be levied without limitation as to rate or amount on all
taxable property within the territorial limits of the City of Nashua.

The bonds shall bear the manual or facsimile signature of the City Treasurer and the
Mayor. In accordance with Chapter 91 of the New Hampshire Acts of 2005, bonds issued
pursuant to this resolution shall not require an authenticating certificate of a bank or trust
company doing business in the State of New Hampshire or The Commonwealth of
Massachusetts, or the Commissioner of Revenue Administration.

The bonds are to be issued in fully-registered form by means of a book-entry system or
otherwise and shall have such terms and conditions and be in such form, subject to the provisions
of this resolution and applicable law, as shall be determined by the Mayor and the City
Treasurer,

RESOLVED FURTHER, that the Mayor is authorized to enter into the required
contracts therefor as well as any amendments to be made thereto or any other documentation
necessary for the receipt of said funds.

RESOLUTION:

PURPOSE:

SPONSOR(S):

COMMITTEE
ASSIGNMENT:

FISCAL NOTE:

LEGISLATIVE YEAR 2021
R-21-105

Authorizing the Mayor and City Treasurer to issue be mds not
to exceed the amount of one million five hundred thousand
dollars ($1,500,000) for the purchase of two engine puemper
trucks for the Fire Department

Mayor Jim Donchess

It is anticipated that the bond would be sold in FY 22/23 for a fifteen
(15) year term. It is estimated the interest rate will be approximately
2.5% and the total cost of the bond will be $1,800,000 including interest.
The average annual payment will be approximately $120,000 with the
beginning years at a higher amount. Engine 3 was approved in the FY
21 CERF schedule/budget and Engine 5 is listed in the CERF report for
FY 22. Both Trucks are being purchased at the same time so as to
achieve cost savings of approximately $190,000 to $130,000.

ANALYSIS

This resolution authorizes the City to issue and sell general obligation bonds up to $1,500,000
for the purchase of two engine trucks for the Fire Department. Engine 3 pumper truck was
approved in the FY 2021 Capital Equipment Reserve Fund plan and Engine 5 pumper truck is
listed in the FY 2022 Capital Equipment Reserve Fund plan and is being bought at the same time
so as to achieve in order to achieve cost savings of approximately $100,000 to $130,000.

Pursuant to Nashua City Charter §54-a, this resolution requires a “duly advertised public
hearing”. Also see NH RSA 33:9, which requires a 2/3 vote of all the members for passage of

this resolution.

Approved as to account
structure, numbers and
amount:

Approved as to form:

Financial Services Division
By: /s/John Griffin

Office of Corporation Counsel

(Nowe. Clarke

By:
Date: Jens 2, GoW

R-21-106

RESOLUTION

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO
EXCEED THE AMOUNT OF TWO MILLION SEVEN HUNDRED
THOUSAND DOLLARS ($2,700,000) FOR VARIOUS IMPROVEMENTS AT THE
SOLID WASTE DEPARTMENT FOUR HILLS LANDFILL
AND THE PURCHASE OF TWO REFUSE TRUCKS

CITY OF NASHUA

in the Year Two Thousand and Twenty-One

RESOLVED by the Board of Aldermen of the City of Nashua that the Mayor of the City
of Nashua and the City Treasurer of the City of Nashua are hereby authorized to issue and sell
general obligation bonds of the City in an aggregate principal not to exceed two million seven
hundred thousand dollars ($2,700,000). The proceeds of said bonds shall be used for the
following improvements and vehicles at the Four Hills Landfill:

Project Description NTE Amount Useful Life
Landfill Gas Expansion FY 21 $1,200,000 20 Years
Solid Waste Equipment Coverage/Storage $ 500,000 20 Years
Solid Waste Landfill Scale Replacement $ 400,000 20 Years

Two Refuse Trucks FY 21 $ 600,000 7 Years

The amounts indicated above for each project are estimates and the Mayor may allocate
more funds to any one or more of such projects, and less to others, so long as, in the judgment of
the Mayor, each of the projects described above can be completed within the total appropriation
made by this Resolution.

Pursuant to Nashua City Charter §54-a, this resolution requires a “duly advertised public
hearing.” Also see N.H. RSA 33:9, which requires a 2/3 vote for passage of this resolution.

The bonds shall be general obligations of the City of Nashua, payable as to principal and
interest from ad valorem taxes, which will be levied without limitation as to rate or amount on all
taxable property within the territorial limits of the City of Nashua.

The bonds shall bear the manual or facsimile signature of the City Treasurer and the
Mayor. In accordance with Chapter 91 of the New Hampshire Acts of 2005, bonds issued
pursuant to this resolution shall not require an authenticating certificate of a bank or trust
company doing business in the State of New Hampshire or The Commonwealth of
Massachusetts, or the Commissioner of Revenue Administration.

RESOLUTION R-21-106

The bonds are to be issued in fully-registered form by means of a bock-entry system or
otherwise and shall have such terms and conditions and be in such form, subject to the provisions
of this resolution and applicable law, as shail be determined by the Mayor and the City
Treasurer.

RESOLVED FURTHER, that the Mayor is authorized to enter into the required
contracts therefor as well as any amendments to be made thereto or any other documentation
necessary for the receipt of said funds.

RESOLUTION:

PURPOSE:

SPONSOR(S):

COMMITTEE
ASSIGNMENT:

FISCAL NOTE;

LEGISLATIVE YEAR 2021
R-21-106

Authorizing the Mayor and City Treasurer to issue bonds not
to exceed the amount of two million seven hundred thousand
dollars ($2,706,000) for various improvements at the Solid
Waste Department Four Hills Landfill and the purchase of two
refuse trucks

Mayor Jim Donchess

It is anticipated that the bond would be sold in FY 22/23 for a term
of twenty or twenty-five years, It is estimated the interest rate will
be approximately 2.5% and the total cost of the bond will be
approximately $3,287,250 including interest. The average annual
payment will be approximately $259,000 for the first 5 years and
then $132,000 for year 6 through 20.

ANALYSIS

This resolution authorizes the City to issue and sell general obligation bonds up to $2,700,000
for various improvements at the Solid Waste Department Four Hills landfill and the purchase of
two refuse trucks. These projects can be found in the FY 2021 Capital Improvements Program

and CERF list.

Pursuant to Nashua City Charter $54-a, this resolution requires a “duly advertised public
hearing”. Also see NH RSA 33:9, which requires a 2/3 vote of all the members for passage of

this resolution.

This legislation should be referred to the Board of Public Works for its review and approval.

Approved as to account
structure, numbers,
and amount:

Approved as to form:

Financial Services Division

By: _/s/John Griffin

Office of Corporation Counsel

By: Vow, Clay Ne
Date: A casaasuy J, ID