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  2. Board Of Aldermen - Agenda - 4/27/2021 - P138

Board Of Aldermen - Agenda - 4/27/2021 - P138

By dnadmin on Mon, 11/07/2022 - 07:03
Document Date
Fri, 04/23/2021 - 15:22
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 04/27/2021 - 00:00
Page Number
138
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

CPCNH JPA — Articles of Agreement (pp. 15-17)

POWERS: (similar to other joint power agencies & governmental instrumentalities)

7.13 Incur debts, liabilities, and obligations, provided that all debts, liabilities
and obligations shall be non-recourse to any and all of the Members unless expressly
agreed to by such Members through a Member's Cost Sharing Agreement or Project
Contract as those terms are defined in the JPA;

7.14 Issue revenue bonds, and incur other forms of indebtedness including but
not limited to loans from private lending sources, pursuant to NH RSA 33-B, RSA 53-E,
RSA 53-F, and RSA 374-D, provided that any such bond or debt issuance is approved
by participating Members’ governing and legislative bodies as required by statute; . . .

7.21 Defend, hold harmless, and indemnify, to the fullest extent permitted by
law, each Member from any liability, claims, suits, or other actions.

14

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Board Of Aldermen - Agenda - 4/27/2021 - P138

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