Board of Aldermen — 12/12/17 Page 4
AUTHORIZING PENNICHUCK CORPORATION AND PENNICHUCK EAST UTILITY, INC. TO ENTER
INTO A LONG TERM LOAN AND FIXED ASSET LINE OF CREDIT WITH COBANK, AND TO
REFINANCE INTERCOMPANY LOANS
Given its second reading;
MOTION BY ALDERMAN DOWD FOR FINAL PASSAGE OF R-17-155
MOTION CARRIED
Resolution R-17-155 declared duly adopted.
R-17-156
Endorser: Alderman-at-Large Brian S. McCarthy
Alderman Richard A. Dowd
APPROVING THE PROPOSAL OF PENNICHUCK CORPORATION TO ENTER INTO A
REPLACEMENT LINE OF CREDIT WITH TD BANK, N.A.
Given its second reading;
MOTION BY ALDERMAN MCGUINNESS FOR FINAL PASSAGE OF R-17-156
MOTION CARRIED
Resolution R-17-156 declared duly adopted.
R-17-157
Endorser: Alderman-at-Large Brian S. McCarthy
Alderman Richard A. Dowd
AUTHORIZING PENNICHUCK CORPORATION AND PENNICHUCK WATER WORKS, INC.
TO ISSUE BONDS AND ENTER INTO A FIXED ASSET LINE OF CREDIT WITH TD BANK, N.A.
Given its second reading;
MOTION BY ALDERWOMAN MELIZZI-GOLJA FOR FINAL PASSAGE OF R-17-157
MOTION CARRIED
Resolution R-17-157 declared duly adopted.
R-17-160
Endorsers: Mayor Jim Donchess
Alderman Richard A. Dowd
Alderman David C. Tencza
Alderman-at-Large Lori Wilshire
Alderman June M. Caron
Alderman-at-Large Michael B. O’Brien, Sr.
Alderman Tom Lopez
Alderwoman Mary Ann Melizzi-Golja
RELATIVE TO THE TRANSFER OF $42,000 FROM DEPARTMENT 194 — CONTINGENCY, ACCOUNT
70100 —- GENERAL CONTINGENCY TO DEPARTMENT 109 — CIVIC & COMMUNITY ACTIVITIES,
ACCOUNTING CLASSIFICATION 56 — OUTSIDE AGENCIES FOR THE PURPOSE OF PROVIDING
FUNDING TO REVIVE RECOVERY, INC. FOR A COMMUNITY RECOVERY COACH
Given its second reading;