Finance Committee — 02/02/2022 Page 8
Julie Chizmas, Long-Term Transportation Planner
So this particular contract will be 100 percent federally funded. It’s when we get into construction if we have overruns on
that project. The city currently we have 100 percent funded for $3.661 million. If we go over that up to an amount of
$4,576,250, the portion to be shared with them, we would have to pay 20 percent of that overage. So it would be 20
percent of $950,000. Then any amount if the project costs goes over that $4.5 million plus, the city would have to share
50 percent of the amount over that.
Alderman Klee
Like | said, | did remember this conversation. | just didn’t remember the numbers.
Tim Cummings, Economic Development Director
And if | may Mr. Mayor, that’s why | say time is of the essence. Really keeping it on track to ensure that we do the best
that we can for the taxpayers here in Nashua is really important. So that’s why moving this along as quickly as possible is
imperative.
Mayor Donchess
Anyone? Questions, comments?
MOTION CARRIED
From: Kelly Parkinson, Purchasing Manager
Re: Environmental Permitting in the amount not to exceed $225,365 funded from 53107 Architect & Engineering
Services/Riverfront TIF Fund (Economic Development)
MOTION BY ALDERMAN COMEAU TO ACCEPT, PLACE ON FILE AND APPROVE A CONTRACT FOR
PROFESIONAL ENGINEERING SERVICES RELATED TO THE NASHUA DOWNTOWN RIVERFRONT
IMPLEMENTATION PROJECT WITH VANASSE HANGEN BRUSTLIN, INC. (VHB, INC.)
IN THE AMOUNT NOT TO EXCEED $225,365. FUNDING THROUGH DEPARTMENT: 183 ECONOMIC
DEVELOPMENT; FUND: 53107 ARCHITECT AND ENGINEERING SERVICES/RIVERFRONT TIF FUND
ON THE QUESTION
Tim Cummings, Economic Development Director
Thank you Mr. Mayor. Again for the record, Tim Cummings, Director of Economic Development. This is essentially part
of the Riverfront TIF that we have been working on for a few years now. It was before you in the fall an outline that we
had achieved a certain level of design. We are now moving into the next phase. | had mentioned that we were going to
be looking for permitting and then final design contracts in the coming weeks. This is the permitting contract for just over
$225,000. It was always anticipated to part of the VHB work which we competitively bid a few years ago. So we are
looking to get this executed to keep the project on track. Permitting is just one element of the design phase. We will have
a final design contract that we will be anticipated sometime in the next | would suggest next month or two and also a
construction manager’s contract. By way of background issued a RFQ from Construction Management Services and I'll
be looking to bring that before this body in the near future.
My closing comments on this is this is a TIF process. So this is a little bit unique where different than our traditional
procurement process. Anything that is a TIF related item not only receives a recommendation by this body, it has to go
on to the Board of Aldermen for the Board of Aldermen’s full approval before the contract can be executed. So this is just
one of a multi-step process. | will leave my comments there Mr. Mayor.
Mayor Donchess
Discussion? Questions?
Alderman Klee
Thank you again. Director Cummings | realize this has to go through this Board and this committee and then the full
