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  2. Board Of Aldermen - Agenda - 4/27/2021 - P143

Board Of Aldermen - Agenda - 4/27/2021 - P143

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
143
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__042720…

LEGISLATIVE YEAR 2021
RESOLUTION: R-21-134
PURPOSE: Relative to the supplemental appropriation of $30,000 of

FY2021 unanticipated revenue into Department #160 “Public
Works Administration & Engineering”

SPONSOR(S): Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Budget Review Committee
FISCAL NOTE: This resolution will reduce FY2021 year-end General Fund
surplus.
ANALYSIS

This resolution appropriates $30,000 of FY2021 unanticipated revenue into the Public Works
Administration & Engineering operating budget. The unanticipated revenue was realized by the
Purchase and Sales agreement of 141 Burke Street, Nashua, between the City (‘‘Seller) and
Burke Street Nashua, LLC (“Buyer”). Whereas, the agreement states if the Buyer requests an
extension of a December 30, 2020 closing date, a monthly non-refundable payment of $10,000
shall be paid to the City. Funds will be used to contract engineering services for review of
development plans.

Charter Sec. 53 permits specific non-budget, supplementary appropriations. There should be
notice and a public hearing. A two-thirds vote is required under Charter Sec. 56-b for an item or
amount not in the mayor’s budget. A roll call is required under Charter Sec. 49.

Approved as to account Financial Services Division
structure, numbers, _
and amount: By: /s/ John Griffin

Approved as to form: Office of ae a
By: Co

Date: “4 fi —_ \

Page Image
Board Of Aldermen - Agenda - 4/27/2021 - P143

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