FOUGERE PLANNING & DEVELOPMENT, Inc.
Mark J. Fougere, AICP
253 Jennison Road Milford, New Hampshire 03055
Ph : 603-315-1288 email: Fougereplanning@comcast.net
FISCAL & SCHOOL IMPACT ANALYSIS
75 Lake Street
Nashua, NH
December 17, 2021
Introduction
Fougere Planning and Development has been engaged by 200 Pine, LLC to
undertake this Fiscal Impact Analysis to outline the potential financial benefits to
the City of Nashua from the proposai to construct a 20 unit apartment building.
The project will consist of one, five story building containing 20 two bedroom unit
with five parking spaces on site, with an additional 20 spaces provided on
property directly across Lake Street. A rezoning initiative, pursuant to NLUC
190-276, has been submitted to the City to rezone this property from Local
Business (LB) to Local Business/Mixed Use Overlay.
The two sites that make up this proposal total approximately 24,460 square feet
and includes an existing auto repair facility and vacant property. This proposed
development project anticipates that all on site drives and trash pickup will be
privately maintained; public water and sewer will service the property with user
fees covering all costs. To gain a full understanding of the fiscal ramifications to
the community, this report will provide a fiscal analysis of the proposed project.
