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  2. Board Of Aldermen - Agenda - 11/9/2021 - P38

Board Of Aldermen - Agenda - 11/9/2021 - P38

By dnadmin on Mon, 11/07/2022 - 07:11
Document Date
Fri, 11/05/2021 - 17:12
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/09/2021 - 00:00
Page Number
38
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__110920…

R-21-189

RESOLUTION

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO
EXCEED THE AMOUNT OF ONE MILLION EIGHT HUNDRED FIFTY NINE
THOUSAND FOUR HUNDRED AND FORTY DOLLARS ($1,859,440)

FOR VARIOUS IMPROVEMENTS AT THE SOLID WASTE DEPARTMENT
FOUR HILLS LANDFILL AND THE PURCHASE OF A REFUSE TRUCK AND
WHEELED LOADER

CITY OF NASHUA

in the Year Two Thousand and Twenty One

RESOLVED by the Board of Aldermen of the Citv of Nashua that the Mayor of the City
of Nashua and the City Treasurer of the City of Nashua are hereby authorized to issue and sell
general obligation bonds of the City in an aggregate principal not to exceed one million eight
hundred fifty-nine thousand four hundred forty dollars ($1,859,440). The proceeds of said bonds
shall be used for the following improvements and vehicles at the Four Hills Landfill:

Project Amount to be borrowed Useful Life
Continuation of the Landfill Phase If Expansion $450,000 20 years
Continuation of Landfill Phase 1V Permitting $300,000 20 years
Recycling Area Upgrades $200,000 20 years
One Wheeled Loader (CERF) $485,450 10 years
One Refuse Truck (CERF) $423,990 7 years

The amounts indicated above for each project are estimates and the Mayor may allocate
more funds to any one or more of such projects, and less to others, so long as, in the judgment of
the Mayor, each of the projects described above can be completed within the total appropriation
made by this Order.

Pursuant to Nashua City Charter §54-a, this resolution requires a “duly advertised public
hearing.” Also see N.H. RSA 33:9, which requires a 2/3 vote for passage of this resolution.

Page Image
Board Of Aldermen - Agenda - 11/9/2021 - P38

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