R-21-124
RESOLUTION
APPROVING A FIFTH AMENDMENT TO PURCHASE AND SALE AGREEMENT OF
CITY LAND AT 21 PINE STREET (MAP 77, LOT 17) AND LAND OF PUBLIC
SERVICE COMPANY OF NEW HAMPSHIRE D/B/A EVERSOURCE ENERGY AT 3
PINE STREET EXTENSION (MAP 77, LOT 2A)
CITY OF NASHUA
In the Year Two Thousand and Twenty-One
WHEREAS, R-19-147 “Authorizing Purchase and Sale of City Land at 21 Pine Street
(Map 77, Lot 17) and Land of Public Service of New Hampshire d/b/a Eversource Energy at 3
Pine Street Extension (Map 77, Lot 2A)” was approved by the Board of Aldermen on September
12, 2019, and was entered into as of November 26, 2019 (“Purchase and Sale”);
WHEREAS, due to difficulty in PSNH securing other required easements and COVID-
19 related delays, the deadlines in the Purchase and Sale were extended in four (4) earlier
amendments to the Purchase and Sale;
WHEREAS, the lot line relocation contemplated by the Purchase and Sale was approved
by the City of Nashua Planning Board on July 11, 2019, which lot line relocation plan and
related easements will not be recorded until the closing; and
WHEREAS, PSNH has requested additional time, assistance from the City in addressing
clean-up on the City lot in the form of landfill-fee concessions, and has requested that the
location of some of the easements approved in the Purchase and Sale be moved.
; NOW, THEREFORE, BE IT RESOLVED that the a Fifth Amendment to the Purchase
and Sale, substantially in the form of the attached is hereby approved.
FURTHER RESOLVED by the Board of Aldermen of the City of Nashua that the Mayor,
with the assistance of the Office of Corporation Counsel, is authorized to prepare and execute all
necessary documents related to the lot line relocation, sale, purchase and easements contemplated
in the Purchase and Sale Agreement and all amendments thereto,