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  2. Board Of Aldermen - Agenda - 6/28/2022 - P11

Board Of Aldermen - Agenda - 6/28/2022 - P11

By dnadmin on Mon, 11/07/2022 - 07:49
Document Date
Fri, 06/17/2022 - 13:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 06/28/2022 - 00:00
Page Number
11
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__062820…

O-22-019

ORDINANCE

CHANGING THE DOWNTOWN IMPROVEMENTS FUNDING PLAN

CITY OF NASHUA

In the Year. Two Thousand and Twenty-Two

The City of Nashua ordains that Part II “General Legislation”, Chapter 320 “Vehicles
and Traffic”, Article XI “Parking Meters”, Section 320-43.1 “Funding for downtown
improvements” of the Nashua Revised Ordinances, as amended, be hereby further amended by
deleting the struck-through language and adding the new underlined language as follows:

“§ 320-43.1. Funding for downtown improvements.
A— Starting with the F¥264 Fiscal Year 2024 budget (June 2023), an amount

equivalent to the sum of any-parking revenue received ever_and-above $728,000
of $100,000 shall be appropriated annually in the budget to be used for the

purpose of improving the Downtown - | zoning district. Uses of these funds shall
include, but not be limited to, improvements to infrastructure, beautification, and

marketing and Promotion. The timeframe for the calculation of the amount shai}

Page Image
Board Of Aldermen - Agenda - 6/28/2022 - P11

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