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  2. Board Of Aldermen - Agenda - 1/26/2021 - P8

Board Of Aldermen - Agenda - 1/26/2021 - P8

By dnadmin on Mon, 11/07/2022 - 06:58
Document Date
Fri, 01/22/2021 - 13:10
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 01/26/2021 - 00:00
Page Number
8
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__012620…

FIRST AMENDMENT TO CONCESSION AGREEMENT

This First Amendment to the Concession Agreement (hereinafter “Agreement”), dated as
of the latter of the signatures below, is by and between the City of Nashua, a municipality
incorporated in the State of New Hampshire, having a mailing address of 229 Main Street,
Nashua, County of Hillsborough, New Hampshire 03061 (hereinafter “City”) and Granite
Diamond, LLC, a New Hampshire limited liability company with an address of 67 Amherst
Street, Nashua, County of Hillsborough, New Hampshire 03064 (hereinafter “Franchisor’’).

WHEREAS, the City and Franchisor entered into a Concession Agreement dated May 14,
2019, whereby the City granted to the Franchisor certain rights in regard to the City’s Holman
Stadium facilities (hereinafter “Premises’’);

WHEREAS, the Term of the Concession Agreement was for 2 years, beginning January
1, 2019 and ending December 31, 2020;

WHEREAS, the Concession Agreement also provides for up to 5 additional one-year
options to extend the agreement pursuant to terms to be agreed upon; and

WHEREAS, the Parties with to extend the Concession Agreement to cover the first
additional option year.

NOW, THEREFORE, in consideration of the foregoing and other good and valuable
consideration, the receipt of which is hereby acknowledged, the City and Franchisor agree as

follows:

Page Image
Board Of Aldermen - Agenda - 1/26/2021 - P8

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