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  2. Finance Committee - Agenda - 10/20/2021 - P3

Finance Committee - Agenda - 10/20/2021 - P3

By dnadmin on Mon, 11/07/2022 - 13:36
Document Date
Fri, 10/15/2021 - 12:09
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 10/20/2021 - 00:00
Page Number
3
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__102020…

B\ THE CITY OF NASHUA “the Cate City"

Office of Economic Development

TO: Jim Donchess, Mayor

FROM: Tim Cummings, Economic Development Director

Date: September 30, 2021

RE: Communication to Approve-&- Place on File a Notice of Contract Amendment

Change For Nashua Housing Study / Inclusionary Zoning Study.

In the fall of 2020 the Community Development Division, in partnership with Economic Development,
received quotes to complete a comprehensive housing study in order to understand the dynamics in
Nashua and our region that impact housing supply and demand. The City chose RKG Associates to
complete the housing study as their costs and proposal were the best fit for the City. The Housing Study
was completed in October of 2020 and the City was very satisfied with the work of RKG Associates. This
initial contract was for $24,650.

A second phase under a new contract occurred in the spring of 2021 where in continuing the Housing
Study, as stated in recommended strategies, the City would need to update its Inclusionary Zoning
ordinance to encourage affordable housing throughout the city and ensure the City’s ordinances are
financially feasible. RKG recently concluded the initial financial feasibility analysis and provided a
detailed model which allows for the city to overhaul its inclusionary zoning ordinance if it so chooses. A
presentation to the Board of Aldermen was given on September 28, 2021. This second phase of work was
done for $22,750.00.

I am now requesting a third phase as outlined in the proposed scope of work where RKG will assist in
develop a piece of legislation based on the prior work. RKG will be available to participate in meetings
and provide technical guidance on this subject as Director Marchant and I will be working with various
stakeholders to craft a suitable public policy. This effort will take an additional $23,200.00 and is being
offered as an amendment to the most recent contract.

As RKG Associates recently completed the prior housing study work for the city, they have the detailed
information and specific experience to complete this work most efficiently and cost effectively.

The total project costs over the two contracts is $70,600.00 and this $23,200 request as an amendment
will be funded through an Economic Development Escrow.

THANK YOU.

229 Main Street, Suite 234 * Nashua, New Hampshire 03060 * Phone (603) 589-3106

Page Image
Finance Committee - Agenda - 10/20/2021 - P3

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