R-22-026
RESOLUTION
AUTHORIZING FIRST AMENDMENTS TO DEVELOPER AGREEMENTS FOR
BRONSTEIN REDEVELOPMENT
CITY OF NASHUA
In the Year Two Thousand and Twenty-Two
WHEREAS, the Board of Aldermen passed Resolution R-21-136 on May 25, 2021,
which authorized developer agreements for the Bronstein Redevelopment which included, inter
alia, provisions regarding payments in lieu of taxes (PILOTs) pursuant to RSA 203:23, XIV,
impact fee waivers, building fee waivers, wastewater service fees and street improvements;
WHEREAS, due to circumstances changing there is a need to increase the amount of
building fee waivers in the developer agreements from up to $100,000 to up to $250,000 to
achieve the intended result of no City building fees being paid for the redevelopment; and
WHEREAS, while NRO 105-27 allows for the full or partial waiver of building fees only
“to the extent of the value of municipal public improvements and/or land dedication which an
applicant obligates itself to make over and above impact fees and the applicant’s fair share of
off-site improvements imposed as a condition of site plan or subdivision approval,” given that
the redevelopment will add 50 new apartments, 40 of which will be affordable units, to the
housing stock of the City and add approximately 2500 square feet of community space, it is in
the public interest to waive all of the fees notwithstanding there is no land dedication or
developer-paid municipal public improvements.
NOW THEREFORE, BE IT RESOLVED by the Board of Aldermen of the City of
Nashua that the City is authorized to enter into first amendments to the development agreements,
with the Nashua Housing and Redevelopment Authority, Bronstein 4% Limited Partnership and
Bronstein 9% Limited Partnership regarding the waiver of building fees for the Bronstein
Redevelopment in substantially the same form as the attached.
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 and take all necessary actions contemplated by the first amendments to the
development agreements or required to effectuate the same.
