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  2. Board Of Aldermen - Agenda - 11/10/2020 - P37

Board Of Aldermen - Agenda - 11/10/2020 - P37

By dnadmin on Sun, 11/06/2022 - 22:53
Document Date
Fri, 11/06/2020 - 14:10
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/10/2020 - 00:00
Page Number
37
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__111020…

Jahmal Mosley, Ed. BD.
Superintendent

Garth Mckinney, Ed. DB.
Assistant Superintendent

SCHOOL DISTRICT

Donna Fitzpatrick, Ed. $.
Assistant Superintendent

Daniel Donovan

Gateway to Opportunity Chief Operating Officer

To: Finance and Operations Committee
From: Daniel Donovan
Date: October 6, 2020

RE: Purchase of 55 Franklin Street

With the increase in the number of pre-school students continuing to grow each year, our elementary
schools as of the end of this past year left us with no extra classrooms. Our preschool enrollment
numbers have increased from 231 to 275 in the past 3 years and are expected to continue to grow.
Having one central location for our preschools would not only make cur programs more efficient but
also leave more space in our current elementary schools for student specific needs such as behavior
management and OT/PT expanded programs for regular and special education students. In speaking
with the Director of Special Education, if we can consolidate our preschool programs in one location we
may be able to reduce the number of specialists necessary and potentially reduce labor costs going
forward.

We also currently rent space on Amherst Street for our Brentwood Program at a cost last year of
$170,000. (Base rent of $155,000 and CAM charges of $15,000} The base rent for this year will be
5160,000 plus CAM costs.

This lease ends in June 2021 so we will either have to add years to the current lease or look for a new
space. It became evident that when searching for school space three years ago that most commercial
buildings are not suited for a classroom setting, and to renovate to fit our needs would be ata
significant cast,

This past spring, we viewed a few locations with the help of Tim Cummings the city’s economic
development director as well as members of Special Education and Administration. The property at 55
Franklin was the first choice of the group. This building was the former home to the Nashua Christian
School so it was configured more like a school than any other property other than the Infant Jesus
School. That building has been rented by another group and was also not for sale. We were looking to
purchase a facility instead of paying an annual rental fee.

The attached purchase and sales agreement detail the plan for a purchase. We have an agreement in
place with the owner, Grace Fellowship Church, that will allow us to purchase the building on an
installment payment plan. This allows us to use mostly grant and operating funds to purchase the
facility. The installments will be as follows:

141 Ledge Street, Nashua, New Hampshire 03060
T: (603) 966-1000 =F: (603) 594-4350
www .nashua.edu/district/

Page Image
Board Of Aldermen - Agenda - 11/10/2020 - P37

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