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  2. Finance Committee - Agenda - 5/16/2018 - P80

Finance Committee - Agenda - 5/16/2018 - P80

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
80
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051620…

PROPOSAL TO PROVIDE NEW MARKETS TAX CREDIT CONSULTING
SERVICES TO CITY OF NASHUA

RFPO265-0220i18

PROPOSER: William C. (“Niel”) Cannon, Finance and Development Consultant
29 Old Bristol Road, New Hampton, NH 03256
(603} 496-0214

nielcannonib@egmail.com

Sole Proprietorship

EIN: Not Applicable (Sole Proprietorship). Proposer will furnish W-9
and Social Security Number upon specific request of the City of
Nashua.

CONTACT
INFORMATION: See Above.

2. Prior NMTC Eni

a. Narrative of Experience. The Consultant has extensive experience in working
with the NMTC program, commencing In 2006. As demonstrated in EXHIBIT A,
attached, such experience has included working on 11 projects for which over
$94,000,000 in NMTC sub-allocations have been awarded or reserved. Eight
different CDE’s have participated in these projects. Nine of these projects have
closed, one is pending closing, and one project was withdrawn due to more
favorable financing terms.

In addition, Consultant is currently working with two clients with projects that
will require $41,000,000 in NMTC sub-allocations.

There are three projects that highlight the Consultant’s experience in the NMTC
program.

Plymouth Community Health Center ($3,500,000). While serving as
Executive Director of CROC in 2006, Consultant created a non-profit of
CRDC to build and lease a health center in Plymouth, NH. This project

Page Image
Finance Committee - Agenda - 5/16/2018 - P80

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