LEGISLATIVE YEAR 2020
RESOLUTION: R-20-059
PURPOSE: Authorizing the sale of City real property located at 141-143
Burke Street (Map 11, Lot 158) to Burke Street Nashua, LLC
ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Committee on Infrastructure
Nashua Planning Board
FISCAL NOTE: The purchase of this building and land was funded through R-
15-172. (Authorizing the acquisition of property at 141-143
Burke Street, Tax Map 11, Lot 158, for a purchase price of
$4,200,000). Proceeds from this sale must be spent within 24
months of receipt as prescribed in the bond spending and
arbitrage requirements rule.
ANALYSIS
This resolution authorizes the Mayor to enter into a Purchase and Sale Agreement with Burke
Street Nashua, LLC and sell City-owned real property located at 141-143 Burke Street. The sale
price is $3,650,000. The City acquired the property in 2015 with the intent it would be used by
the Department of Public Works (DPW) (R-15-172). At the Board of Public Works meeting of
July 30, 2019, the Board voted unanimously to transfer to the Board of Aldermen the jurisdiction
for 141-145 Burke Street, Map 11, Lot 158 (excluding new Map 11, Lot 161, 2.5 acres
subdivided from the original parcel purchased by the City which is being retained for DPW).
Charter §77 provides that the Planning Board “shall review and make recommendations to the
mayor and board of aldermen on all locations for proposed municipal building and facilities,
including educational, [and] on the purchase and sale of any land by the city.”
Approved as to form: Office of Corporation Counsel
By: /s/ Celia Is. Leonard
Date: August 5, 2020
