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  2. Finance Committee - Agenda - 5/16/2018 - P75

Finance Committee - Agenda - 5/16/2018 - P75

By dnadmin on Mon, 11/07/2022 - 11:39
Document Date
Wed, 05/16/2018 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/16/2018 - 00:00
Page Number
75
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051620…

©) THE CITY OF NASHUA "The Cate City”

A Fannie NVervices

Prrsesian |eparnient

February 6, 2018
Reguest jor Proposals

New Markets Tax Credit (*NMTC") Program Consuliant
RFPO265-022018

The City of Nashua, NH, herein referred to as “the City”, is seeking an individual or a firm
(“Entity”) experienced with the federal New Markets Tax Credit (“NMTC") program to provide
consulting services to the city relating to a specific redevelopment project, for which the City
hopes to obtain a NMTC allocation.

727 Re oye
il, Background

In 2017, the Office of Economic Development for the City completed a two year performing arts
center feasibility study, which outlined how best the community could implement a successful
Main Street strategy to revitalize the downiown by using a performing arts center as an anchor.

The study called for a $15.5 million performing arts center and event space. This venue could
tasily accommodate 500 to 1,000 people. The study recommends an adaptive re-use of a former
department store thal is currently {00% empty and in need of reinvestinent, The city is slated to
purchase the building in March of 2048 and would he looking to start construction in 2019.

INSTRUCTIONS TS VENDGRS:

The City is now accepting bids electronically via Bid Express. Please review the attachments,
Hid Express Vendor Guide and Vendor Set-up Guide for more information. If you choose to
submit a paper bid it must be submitted in sealed envclopes with five (5) originals and one (i}
electronic copy (in the form of a flash drive) in Adobe Acrobat or Microsoft
Word/Exccl/PowerPoint clearly marked “RIPQ265-22018 New Markets Tax Credit
Program Consultant”. The names of those agencics thal submit a bid will he posted on the
website, under Services; Bid Opportunities; Bid Results and on Bid Express. within three (3)
hours of opening.

Regardless of the method of submission, bids must be submitted, as outlined in the preceding
paragraph, no later than 3:00PM oa Tuesday, Febreary 20, 2018, c/o Central Purchasing
Office, City Hall, Room 128, 229 Main Street, Nashua NH, 03061-2019, at which time the Bids
received will be publicly opened and read. Bids must be submitted in the format provided and
address the items specified in the bid specitications. Postmarks or other timestamps will net be
accepted in lieu of actual delivery. The firm can use whatever delivery mechanism it chooses as
long as it remains clear that the firm is responsible for submissions prior to the date and time.

REPO265-022018 New Markets Tax Credit Program Consultant
229 Main Street * Nashua, New Hampshire 03061 « Phone {603) 585-3330 » Fax (603) 589-3233

Page Image
Finance Committee - Agenda - 5/16/2018 - P75

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