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  2. Board Of Aldermen - Minutes - 5/20/2020 - P22

Board Of Aldermen - Minutes - 5/20/2020 - P22

By dnadmin on Sun, 11/06/2022 - 23:14
Document Date
Wed, 05/20/2020 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Wed, 05/20/2020 - 00:00
Page Number
22
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__052020…

Special Board of Aldermen Public Hearing — May 20, 2020 Page 22
Director Fauteux

No, that would not be in Administration & Engineering.

Ms. Ortolano_ Ok where would that be?

Director Fauteux

In fact you would not find that anywhere in our Operating Budget. That would be separate, that would be a
bond that would eventually be sold, which it has not been at this point.

Ms. Ortolano Ok so yes, the bond hasn’t been sold yet, it’s appropriated, you are working on it, but it just
doesn’t get carried any more is that correct, it’s not carried any more at this point?

Director Fauteux

You know | would let | think John Griffin speak to that. He’s more of an expert on bonding than | am. | just
know it is not in our Operating Budget.

Ms. Ortolano Ok.
Chairman Dowd
Mr. Griffin?
Mr. Griffin
Yes, the question, can you hear me?
Chairman Dowd
Yes, | can hear you.
Mr. Griffin
The question was is any part of the construction of the DPW Building appear in the Operating Budget and the
answer is “no”. What we do is when Budgets are approved, we set up a project fund, so all the costs
associated with the project fund would be captured in that area.
Ms. Ortolano Ok thank you.
Mr. Griffin
You are welcome.
161 STREET DEPARTMENT
177 PARKS AND RECREATION

PUBLIC SERVICES DIVISION

140 PINEWOOD CEMETERY

Page Image
Board Of Aldermen - Minutes - 5/20/2020 - P22

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