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  2. Finance Committee - Minutes - 4/15/2020 - P17

Finance Committee - Minutes - 4/15/2020 - P17

By dnadmin on Mon, 11/07/2022 - 13:31
Document Date
Wed, 04/15/2020 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 04/15/2020 - 00:00
Page Number
17
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__041520…

Finance Committee - 04/15/2020 Page 17

our RFP Process and it will be the best fit for us overall. It is a long process from approving a contract to getting a product
in the facility and so we really need to get moving on this. I’d be happy to answer any questions that you have.

Mayor Donchess

Questions or comments?

Alderman O’Brien

Alderman Mike O’Brien Mayor, can | ask a question?

Mayor Donchess

Of course.

Alderman O’Brien

Throw it out to the both of you, while we are doing this particular work at over $1 million dollars, we will still — it seems to
me unfortunately at the 1-megawatt capacity. And is that the top, because | am really hoping at the State Leve if we can
get that together, that we could do better than current 1 megawatt standing. And | just want to know if changing the
turbine, the propeller, you Know go to this or versus another type of thing. Would that increase the flow rate and would
this be the time to do that in anticipation? Because we are going to solve the problem at the State Level to increase our
megawatt capacity. Can you just speak on that, please?

Sarah Marchant, Community Development Director

I can. So this facility, one of the really critical things that saves us a lot of money and headache is this facility does not
have to be licensed. So we have to replace this turbine in-line with the current approvals that we have. If we go beyond
what we have, then we would have to go and apply for a licensing process like we are doing at Mines Falls which is a
many, potentially millions of dollars of work and licensing that has to be re-done every 30 years and opens us up to very
expensive studies and processes. So we are maximizing everything we can but we are staying within the limits of our
non-license on this facility at this time. The Mine Falls Dam we are greatly forward to taking advantage of the
improvements that will be coming from the State as you spoke about. But as a one megawatt we are enjoying that
metering at that facility right now.

Alderman O’Brien

Thank you for your answer.

Mayor Donchess

Any other questions or comments? Alright, will you please call the roll?

A viva voce roll call was taken which resulted as follows:

Yea: Alderman Klee, Alderman Lu, Alderman Harriott-Gathright, Alderwoman Kelly,
Alderman Laws, Alderman O’Brien, Mayor Donchess 7

Nay: 0
MOTION CARRIED

Mayor Donchess

That concludes our communications. Unfinished business we have none. And thank you everybody for participating and
coming to the meeting. The Alder people are not through yet but | think everybody else is, so thank you very much.

UNFINISHED BUSINESS — None

NEW BUSINESS — RESOLUTIONS - None

Page Image
Finance Committee - Minutes - 4/15/2020 - P17

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