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  2. Finance Committee - Agenda - 3/4/2020 - P26

Finance Committee - Agenda - 3/4/2020 - P26

By dnadmin on Mon, 11/07/2022 - 13:32
Document Date
Fri, 02/28/2020 - 13:58
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 03/04/2020 - 00:00
Page Number
26
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__030420…

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Nashua

NEW HAMPSHIRE’S GATE CITY

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1 anit E mental Science

YS MILONE & MACBROOM

Description Purpose

Assumptions

Snow Emergencies

. Review how the City currently manages snow emergencies.
Evaluation

Benchmarking current transient rates relative to comparable/
aspirational communities and evaluation relative to stated
objectives

Transient Rates for On-
and Off-Street Parking

Consolidate estimates of capital and/or operational costs
and/or savings and/or increased revenues from preceding
analysis

Cost/ Benefit Assessment

PPT Summary Summarize initial findings and recommendations in a PPT.

All the preceding work will be summarized in a technical

Tan iebert memorandum and issued to the City for review and comment.

The consultant will meet with the City to receive comments,
revise the draft as appropriate, and incorporate it into a final
report.

Review Session

1) Analysis will also include evaluation of intent/objectives of program. 2) Review will
include benchmarking with comparable/aspirational communities where feasible. 3)
Review will include comparison of industry best practices where appropriate. 4) Will
include general recommendations for changes in technology/ processes where
warranted and may include recommendations for other actions to meet stated
intent/objectives.

1) Benchmarking will focus on rates by type of facility and location. 2) Analysis will also
include evaluation of intent/objectives of rate setting. 3) Analysis will include reference
to industry best practices where appropriate. 4) Will include recommendations for new
rates where warranted.

1) Task involves developing centralized estimates of projected labor, material, and/or
financial costs AND/OR enhanced revenues associated with proposed
recommendations. 2) City to provide historcial operating revenue or expense data as
needed to assist in developing projections. 3) Provided projections are conceptual in
nature and will not warranty actual performance if implemented.

1) PPT will not exceed 60 slides in total. 2) PPT will highlight general methodology and
major findings and recommendations.

1) Task report will in be draft report format, sans Executive Summary and front cover.
2) Task report will only cover Task 3 analysis and deliverable. 3) Task report will be
delivered at the same time as PPT. 4) Task report to provide supporting analysis for
recommendations in PPT.

1) This would be 3rd meeting of Project Team. 2) Review session will be scheduled and
occur within ten (10) business days of issue of draft report. 3) City to provide both
verbal and written comments for revision. 4) Session is limited to Project Team
members.

Scope
Item #

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Page 7 of 20

Develop a parking demand model using ULI and ITE
methodology and calibrate it to existing conditions utilizing
occupancy data, existing land use data, and current modal
splits.

Develop Parking Demand
Model

Develop Emerging
Development
Assumptions

Develop assumptions regarding emerging developments likely
to impact downtown Nashua in the next 10 years.

Confidential

1) City will provide an inventory of existing, active land uses by building and block
across the whole of the study area. 2) Neither DESMAN nor M&M will be responsible
for field checking the validity of provided land use inventory data. 3) City will identify
those properties vacant or subject to other land uses at the time field counts were
executed,

City will provide assumptions regarding: 1) Absorption of existing vacant space within
the study area; 2) Known and/or planned new developments in the study area; 3)
Anticipated development associated with the City’s Master Plan; 4) Anticipated changes
in modal split associated with changes in transit service and/or offerings.

2/26/2020

Page Image
Finance Committee - Agenda - 3/4/2020 - P26

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