Special Board of Aldermen 06-21-2021 Page 27
Attorney Bolton
There are all sorts of situations but to be overly simplified, yes it would be the Department involved.
Mr. Richardson Is there anywhere in this book where it shows the summation of the proceeds for law suits?
Attorney Bolton
When you say “proceeds” you mean where we have sued someone and got money from them?
Mr. Richardson No, where the City has had to pay.
Attorney Bolton
Yeah | would not refer to that as a proceed. So! am not sure | understand. | don’t believe there’s any one
place you find that.
Mr. Richardson Mr. Griffin?
Mr. Griffin
John Griffin, CFO. There is not one place in a budget book. There are obviously contracts, bonded,
indebtedness, Risk Management.
Mr. Richardson Do we make any preparation in a budget for any suits? Is that something that can be
foreseen and then budgeted?
Attorney Bolton
The overlay account is a good example of that. The whole function of the overlay account is to pay for
refunds and expenses of litigation concerning tax abatement appeals. So in the case of the overlay we take
a look at the pending abatement in any given year, what the trend has been for the prior years, how many
remain pending, what the volume of those are, the total volume. So for example, a few years ago we had
several years backed up on Public Service of NH’s abatement appeal. And the total exposure there was
just over $3 million dollars, not the difference in the assessment what they were claiming they were owed
by refunds. We had some concern about that and we were trying to provide for that in overlay if it turned
out that we had to pay more, there’s a State statute about how that gets added into the budget and has to
be appropriated in order to satisfy judgements. Happily in the case of the Public Service Company’s appeal
we were 100% victorious and ended up refunding a total of $0.00. That doesn’t always happen, we are
happy and satisfied when that does happen.
Mr. Richardson OK thank for answering the question.
Chairman Dowd
Yeah | wanted to wrap this area up because it’s 9:00. | want to move on, we have got a lot of divisions left.
If you have short questions?
Gloria (unknown spelling of last name) Not a short question just a comment; 3 Roedean Drive, Nashua,
New Hampshire. | would like to state that we should keep the Director of the Arlington Street Community
Center. The fact that it has been closed is inaccurate. We just, a couple weeks, opened Arlington Street
Community Center on the Memorial Day Weekend with the Director there. We have 150,000 boxes of food
that we distribute from the Arlington Street Community Center as well as a lot of other programs. So to say
that the Director is useless or we don’t need it, that’s simply not true. Anything you want to talk about or
know about the Arlington Street Community Center, you can get that information from the Director as well
