Mr. Steven A. Bolton
Corporation Counsel
June 28, 2018
Page Four
FURTHER RESOLVED, that the City hereby approves the guaranty by Pennichuck
Corporation of the payment by Pennichuck East Utility, Inc. and Pennichuck Water
Works, Inc. of each of the loans authorized in the two prior resolutions; and
FURTHER RESOLVED, that the City hereby authorizes Pennichuck Corporation,
Pennichuck East Utility, Inc., and Pennichuck Water Works, Inc., their Boards of
Directors, and their Officers, to take any and all actions required to obtain all necessary
approvals with respect to the actions described in these resolutions and to execute and
deliver such documents as are necessary to effect the State Drinking Water Revolving
Loan Fund and Trust Fund loans and the guarantees described in these resolutions.
Respectfully submitted,
PENNICHUCK CORPORATION
Larry D. Goodhue
Chief Executive Officer
cc. Mayor James Donchess
