AMENDED
R-20-028
RESOLUTION
AUTHORIZING THE CITY OF NASHUA TO ENTER INTO A MASTER
DEVELOPMENT AGREEMENT WITH LANSING MELBOURNE GROUP, LLC.
CITY OF NASHUA
In the Year Two Thousand and Twenty
RESOLVED by the Board of Aldermen of the City of Nashua that the City is authorized
to enter into a “Master Development Agreement” with Lansing Melbourne Group, LLC
regarding the lease and development of the “School Street Lot” for a housing project and
construction of a publically accessible ground level parking garage in substantially the same
form as the attached. The attached agreement is “red-lined” to illustrate the changes from the
agreement submitted with the resolution for first reading, however, the version of the document
to be signed will not be “red-lined.”
FURTHER RESOLVED by the Board of Aldermen of the City of Nashua that the
Mayor, with the assistance of the Office of Corporation Counsel, is authorized to prepare and
execute all necessary documents and take all necessary actions contemplated by the Master
Development Agreement or required or advisable to effectuate the same, including but not
limited to the lease.
FURTHER RESOLVED by the Board of Aldermen of the City of Nashua that $40,000
be transferred from Fund #7084 “Downtown Redevelopment Initiatives Trust Fund’’ and
$60,000 from Fund #1001 “Capital Improvements-School & High Street Development Project”
into the Bonded Capital Project Fund.
