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  2. Board Of Aldermen - Minutes - 12/20/2018 - P24

Board Of Aldermen - Minutes - 12/20/2018 - P24

By dnadmin on Sun, 11/06/2022 - 22:17
Document Date
Thu, 12/20/2018 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Thu, 12/20/2018 - 00:00
Page Number
24
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__122020…

NASHUA PERFORMING ARTS CENTER — KEY ELEMENTS OF NMTC’s

NUMBER 1

Assisted business must be a corporation or partnership that exists in a qualified
area. This is called at Qualified Area Low Income Community Business or
“QALICB”.

This means that the City of Nashua cannot be a direct beneficiary of the
program, but it can participate as a Lessee of QALICB property.

Page Image
Board Of Aldermen - Minutes - 12/20/2018 - P24

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