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  2. Board Of Aldermen - Agenda - 1/14/2020 - P24

Board Of Aldermen - Agenda - 1/14/2020 - P24

By dnadmin on Sun, 11/06/2022 - 23:17
Document Date
Fri, 01/10/2020 - 11:22
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 01/14/2020 - 00:00
Page Number
24
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__011420…

LEGISLATIVE YEAR 2020
RESOLUTION: R-20-001

PURPOSE: Second amendment to R-18-001 “Authorizing the Mayor and
City Treasurer to issue bonds not to exceed the amount of
fifteen million five hundred thousand dollars ($15,500,000) for
the Performing Arts Center located at 201 Main Street”

SPONSOR(S): Mayor Jim Donchess
Alderman-at-large Lori Wilshire

COMMITTEE
ASSIGNMENT:

FISCAL NOTE: Same as R-18-001

ANALYSIS

This resolution amends Resolution R-18-001 which authorized the City to issue and sell general
obligation bonds up to $15,500,000, to use for the Performing Arts Center located at 201 Main
Street. 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 for passage of this resolution. This
amendment removes the two-year time period for raising private funds.

Approved as to form: Office “Te Counsel _

Date: Tai cas % 20 AO

Page Image
Board Of Aldermen - Agenda - 1/14/2020 - P24

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