ea) THE CITY OF NASHUA recs
Downtown Tapbrovement Committee
A as —
February 2, 2016
Brian McCarthy, President
Board of Aldermen
229 Main Street
Nashua, NH 03061-2019
Dear Alderman McCarthy,
Please be advised that the Downtown Improvement Committee, during its
most recent meeting on October 22, 2015, voted to recommend to the
Mayor and the Board of Aldermen a final budget for surplus downtown
parking funds generated during the calendar year of 2014. Between
January 1, 2014 and December 31, 2014, $99,000 of parking revenue was
generated in excess of $728,000. The Committee made recommendations
that included investments in infrastructure, beautification and
marketing and promotion of Downtown Nashua.
Pursuant to 0-11-76, the Committee respectfully requests approval of
the following budget by the Board of Aldermen.
* Downtown Circulator - $19,000: The project would include a
Downtown bus shuttle to be operated by Nashua Transit on
Thursday, Friday and Saturday evenings from 6:15 p.m. to 10:00
p.m. The shuttle would provide service every 20 minutes
connecting the parking areas with downtown shops, restaurants
and other activity generators.
It is estimated that the shuttle could be operated at a cost
of $38,000. Recommended funds would leverage Nashua Transit
funds at a 1 toi ratio, cutting the project cost in half. It
is further recommended that $5,000 of the $19,000 be dedicated
to marketing costs.
* Performing Arts Center Feasibility Study - Phase II - $25,000:
This project would complete Phase II of the feasibility study,
and include developing basic physical plans, cost estimates and
operating projections for a potential facility.
The City of Nashua hired Webb Management Services to complete
Phase 1, which is currently underway. Phase I includes an
evaluation of the demand for a new performing arts facility in
Nashua, verifying audience potential, identifying potential
users and uses, and confirming its positioning within the
regional competitive market
229 Main Street « Nashua, New Hampshire 03060 « Phone (603) 589-3307 « Fax (603) 594-3434
