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  2. Finance Committee - Minutes - 3/16/2022 - P4

Finance Committee - Minutes - 3/16/2022 - P4

By dnadmin on Sun, 11/06/2022 - 21:44
Document Date
Wed, 03/16/2022 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 03/16/2022 - 00:00
Page Number
4
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__031620…

Finance Committee — 03/16/2022 Page 4

NEW BUSINESS — RESOLUTIONS

R-22-017
Endorsers: Alderman-at-Large Ben Clemons

Alderman-at-Large Michael B. O’Brien, Sr.
Alderman Patricia Klee
Alderman-at-Large Melbourne Moran, Jr.
Alderman Thomas Lopez
Alderman Richard A. Dowd
Alderman Derek Thibeault
Alderwoman-at-Large Gloria Timmons

AUTHORIZING THE MAYOR TO ENTER INTO A SECOND AMENDMENT TO THE 14 COURT STREET LEASE

FOR UNIT B WITH LIQUID THERAPY, LLC

MOTION BY ALDERMAN COMEAU TO RECOMMEND FINAL PASSAGE OF R-22-017

ON THE QUESTION

Mayor Donchess

| think Miss Kleiner is here.

Kim Kleiner, Administrative Services Director

Good evening. Kim Kleiner, Director of Administrative Services. About nine months ago or so, the owners of Liquid
Therapy reached out to us with some desire for extra space next door to Liquid Therapy on the left-hand side if you’re
looking at the establishment. There was about 3 to 4 rooms depending on how you classify it of really rough space. I'll
use the term “closets” that were completely full of debris and excess storage that the city had placed there. The space
wasn't being utilized. We thought it would make perfect sense to utilize the space so our city crews went in - our building
maintenance staff, which | have to give some applause to because it was a big feat for them to clean out this space and
bring it up to where it can be used for anything. They did that while they were maintaining all our other city buildings.

They brought it up to what | would consider a clean space. It is only and can only be used for storage. So it has been
made clear from our Building Department and from the Fire Marshal’s office that this could be used for nothing else.
There is a communications closet that has some fire communications lines that come into it. One of the stipulations with
Liquid Therapy using this space for storage will be that they will not be able to place anything in front of this and the Fire
Marshal’s office will have access to it 24/7.

As | said, it’s a very small space. It’s about 857 square feet. Liquid Therapy will be responsible for fixing all shelving
that’s needed for the storage within the space. They will be responsible for the taxes and our Chief Assessor has gone
out and measured the space and estimated that a current tax rate to be about $590 a year in additional taxes. We are
asking for $225 a month for the lease of the space. They will use this for — they have started to can so they will use this
for the supplies of the canning that they are doing. I’m happy to answer any questions.

Alderman Clemons

Thank you. So this is a project that | was approached by Stan at Liquid Therapy for. He is expanding his business and
asked me about a year ago | think at this point if it would be possible to expand into the unused space next door. So as
Miss Kleiner had said, | approached the City and Kim’s Department took that one and she’s been working on that for the
last few months. Really it’s a no-brainer kind of because you have the business there. It’s an unused space that hasn't
been used literally since the 1990’s. It’s been cleaned up. They just need it for their storage. The City is going to get tax
revenue, rent out of it. To me it’s a win, win. The only thing that | wish could have happened was that it could have got
done sooner, but at least we are here now today. So | think we’re helping a small business. We’re getting some rent out
of it, some taxes out of it, to me again, it’s a win, win.

Alderman Gouveia

Thank you, Mr. Mayor. So how do you come up with that $2,700 price tag that goes on the lease for it?

Page Image
Finance Committee - Minutes - 3/16/2022 - P4

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