LEGISLATIVE YEAR 2020
RESOLUTION: R-20-002
PURPOSE: Relative to the acceptance and appropriation of $294,000 from
the Community Development Finance Authority into Capital
Project Grant Activity “Investment Tax Credit Program for
the Performing Arts Center”
SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: Fiscal impact is a $294,000 grant to be used for a specific
purpose.
ANALYSIS
This resolution authorizes the city to accept and appropriate $294,000 from the Community
Development Finance Authority into Capital Project Grant Activity “Investment Tax Credit
Program for the Performing Arts Center” for the purpose of supporting development of the
Performing Arts Center in Nashua.
Approved as to account Financial ee ae
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