Board of Aldermen Page 2
February 14, 2017
Homes has been raising money, has a number of sponsors and any members of the board that can make it
that early or don’t have work commitments at that time, you would be of course very welcome. | wish everyone
a Happy Valentine’s Day, Mr. President, and conclude my remarks.
RESPONSE TO REMARKS OF THE MAYOR
Alderman LeBrun
You mentioned $660,000 on the veteran’s tax. My understanding is that the amount of the exemption is
optional. How can anyone come up with a $660,000 figure?
Mayor Donchess
The current veteran’s tax credit, which gives a $500 credit to any veteran who served during a period of
combat, results in about $1.5 million in credits being awarded. This will open it up to another 25 or 30 years of
service for people who served not during periods of combat. | think the estimate is that there could be as many
as 1,300, 1,400, 1,500 people who would qualify. It also applies to spouses. If all of those people qualify and
apply then the Assessing Department is saying that it would mean that we would give credits of $670,000 over
and above the credits we’re giving now. Currently credits have been earned by about 3,000 veterans and
spouses. This would expand it maybe to 50 percent more.
Alderman LeBrun
Follow up, Mr. President.
President McCarthy
I’d actually like to ask that this be held for the committee meeting where this is taken up since it’s about the
substance of the bill, if you don’t mind. We'll make sure that the tax collector is here to justify those numbers.
RECOGNITION PERIOD — None
READING MINUTES OF PREVIOUS MEETINGS AND PUBLIC HEARING
MOTION BY ALDERMAN WILSHIRE THAT THE MINUTES OF THE BOARD OF ALDERMEN MEETINGS
OF JANUARY 23, 2017, AND JANUARY 24, 2017, AND THE PUBLIC HEARING CONDUCTED BY THE
BUDGET REVIEW COMMITTEE ON JANUARY 23, 2017, BE ACCEPTED, PLACED ON FILE, AND THE
READINGS SUSPENDED
MOTION CARRIED
COMMUNICATIONS
MOTION BY ALDERMAN MORIARTY THAT ALL COMMUNICATIONS BE READ BY TITLE ONLY
MOTION CARRIED
From: Thomas J. Leonard, Chairman, Pennichuck Corporation Board of Directors
Re: Special Meeting of the Sole Shareholder — March 24, 2017
MOTION BY ALDERMAN MORIARTY TO ACCEPT, PLACE ON FILE AND REFER TO THE PENNICHUCK
WATER SPECIAL COMMITTEE
MOTION CARRIED
