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  2. Finance Committee - Minutes - 7/1/2020 - P19

Finance Committee - Minutes - 7/1/2020 - P19

By dnadmin on Mon, 11/07/2022 - 13:28
Document Date
Wed, 07/01/2020 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 07/01/2020 - 00:00
Page Number
19
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__070120…

Finance Committee - 07/01/2020 Page 19
Alderwoman Lu

So do you mean in this period that we are looking at here, we decided to just pay these out to 10 or 15 different
small businesses in the downtown?

Mayor Donchess

The Downtown Improvement Committee funds are not being used, | think they gave some of their money to
the COVID Impact Fund, but it went into the COVID-19 Impact Fund and would be distributed that way.

Alderwoman Lu

| am actually looking at Page 33 of the Record of Expenditures.

Mayor Donchess

And what’s the check you are looking at?

Alderwoman Lu

Well I’m looking at 15 of them for different companies in downtown Nashua.

Mayor Donchess

Well those might be the COVID-19, give me an example, those might be the COVID-19 Impact Fund
Distribution.

Alderwoman Lu
Ok that’s fine. | thought you just told me they weren't.

Mayor Donchess

You asked me about Downtown Improvement Funds. That is a separate thing from the COVID-19 Impact
Fund.

Alderwoman Lu

Right but this comes out of the Downtown Improvement Expendable Trust Fund.
Mr. Griffin

So Mr. Mayor if | may.

Mayor Donchess

| think they allocated $50,000.00 to COVID-19 Relief.

Alderwoman Lu

Yes there’s $55,560.00, so that’s coming right of those ....

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Finance Committee - Minutes - 7/1/2020 - P19

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