R-21-157
RESOLUTION
AUTHORIZING THE CITY OF NASHUA TO ENTER INTO A MEMORANDUM OF
UNDERSTANDING REGARDING THE BRONSTEIN REDEVELOPMENT
CITY OF NASHUA
In the Year Two Thousand and Twenty-One
RESOLVED by the Board of Aldermen of the City of Nashua that the City is authorized
to enter into a Memorandum of Understanding regarding the Bronstein Redevelopment in
substantially the same form as the attached.
LEGISLATIVE YEAR 2021
RESOLUTION: R-21-156
PURPOSE: Authorizing the City of Nashua to enter into an option
agreement with Harbor Homes, Inc. for parking lease
ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: The monthly rent for the initial five (5) year term shall be Fifty
Dollars ($50.00) per each parking space per month multiplied
by fifteen (15) parking spaces, for a total monthly rental
payment of $750.00. The cost for updating space/lot signage is
$350.00.
ANALYSIS
HARBOR HOMES, INC., LESSEE
By:
Peter. J. Kelleher, President and Chief
Executive Officer
Duly authorized
State of New Hampshire
County of Hillsborough, SS
This instrument was acknowledged before me on . 202 _ by Peter J.
Kelleher, as President and Chief Executive Officer of Harbor Homes, Inc.,
Justice of the Peace/Notary Public
My Commission Expires:
WITNESSED BY: CITY OF NASHUA, LESSOR
By:
James W. Donchess, Mayor
Duly authorized
State of New Hampshire
County of Hillsborough, $8
This instrument was acknowledged before me on 202 by James W.
Donchess, as Mayor of the City of Nashua.
Justice of the Peace/Notary Public
My Commission Expires:
from, arising out of (or which may be claimed to arise out of) the acts or omissions of the LESSEE,
its guests or invitees or from the use by LESSEE, its guests or invitees of the above described
Leased Spaces during the hours of LESSEE’s exclusive use of the Leased Spaces.
Notwithstanding the foregoing, nothing herein contained shall be deemed to constitute a waiver of
immunity of the City of Nashua, which immunity is hereby reserved to the City of Nashua. This
5. LESSOR shall at all times during the term of this Lease, and at tts own cost and
expense, keep and maintain, or cause to be kept and maintained, the Leased Spaces in good order
and ina clean, sanitary, healthful and safe condition. LESSEE shail periodically inspect the Leased
Spaces and keep the Leased Spaces free of garbage, refuse, or other debris. LESSOR shall remove
and properly dispose of snow from the Leased Spaces, and shall remove and properly dispose of
any unregistered or abandoned vehicles from the Leased Spaces. During snow emergencies,
EXHIBIT A
LEASE
(Factory Street Lot / Fifteen (15) Parking Spaces)
withheld in the City’s sole discretion, This Option Agreement and the rights, duties and
obligations of the parties hereunder shall apply to and bind the successors and assigns of the
respective parties.
Tim Cummings, Director of Economic Development
City Hall - Economic Development Office
229 Main Street/P.O. Box 2019
Nashua, New Hampshire 03061
cum inesteenashuanh. cov
OPTION AGREEMENT
(City of Nashua / Harbor Homes, Inc. — Parking Lease)
THIS OPTION AGREEMENT is made this _ day of , 2021, by
and between the City of Nashua, a municipal corporation with offices at 229 Main Street, Nashua,
New Hampshire 03060 (the “City”), and Harbor Homes, Inc., a New Hampshire voluntary (non-
profit) corporation with offices at 77 Northeastern Boulevard, Nashua, New Hampshire 03062
(“Harbor Homes”).
Recitals
