R-21-191
RESOLUTION
CHANGING THE PURPOSE OF TWO MILLION DOLLARS ($2,000,000) OF
UNEXPENDED BOND PROCEEDS FROM THE BROAD STREET PARKWAY
PROJECT TO THE DIVISION OF PUBLIC WORKS OFFICE FACILITY PROJECT
CITY OF NASHUA
In the Year Two Thousand and Twenty One
RESOLVED by the Board of Aldermen of the City of Nashua that the purpose of a
portion of the remaining unexpended bond proceeds previously reserved and designated under
Resolution R-08-111 (“Authorizing the Mayor and City Treasurer to issue bonds not to exceed
the amount of thirty-seven million six hundred thousand dollars ($37,600,000) for the design and
construction of the Broad Street Parkway Project”) is changed as follows:
The original purpose from R-08-111 was for the design and construction of the Broad
Street Parkway Project. These purposes for which the funds were originally borrowed have been
mostly completed and it is anticipated that there will be some surplus proceeds.
The new purpose will be for two million dollars ($2,000,000) to be used for the new
Division of Public Works Office Facility, The useful life of the project is 30 years.
