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Board Of Aldermen - Minutes - 2/12/2020 - P18

By dnadmin on Sun, 11/06/2022 - 23:16
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Board of Aldermen 2-12-2020 Page 18

Mr. Cummings

So if you were to pass the Jette amendment and New Market Tax Credits were announced and they were
announced not in the timeline that we are discussing, then the City would not be in a good standing or a
good position to actually be a recipient of the New Market Tax Credit.

Alderman Laws
Thank you.
Alderman Tencza

Board Of Aldermen - Minutes - 2/12/2020 - P17

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Board of Aldermen 2-12-2020 Page 17

Board Of Aldermen - Minutes - 2/12/2020 - P16

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Board of Aldermen 2-12-2020 Page 16

Board Of Aldermen - Minutes - 2/12/2020 - P15

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Board of Aldermen 2-12-2020 Page 15
Alderman Dowd

First of all, | will not support any additional amendments, | think that puts us at risk. We went round and
round and round with numerous different types of amendments and it got to the point of we weren’t getting
anywhere. Alderman Wilshire made an amendment to do what is on the this blue copy, everybody agreed
to it unanimously and | think that we ought to vote on this, get it passed and move forward.

Alderman Lopez

Board Of Aldermen - Minutes - 2/12/2020 - P14

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Board of Aldermen 2-12-2020 Page 14
ON THE QUESTION
Alderman Clemons

Thank you. I’m not going to support the amendment to put it to November 30". And the reason being is it
is two-fold. One, | don’t think that provides us enough stability for the New Market Tax Credit to my own
opinion. | think that puts everything to jeopardy and maybe | am speaking out of turn because | don’t have
the facts. But | would say, however, that the further out we go, the better off we are going to be when it
comes to those as far a question mark is concerned.

Board Of Aldermen - Minutes - 2/12/2020 - P13

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Board of Aldermen 2-12-2020 Page 13
Alderman Jette

Board Of Aldermen - Minutes - 2/12/2020 - P12

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Board of Aldermen 2-12-2020 Page 12
President Wilshire

Thank you. Further discussion on the amendment?

Alderman Lopez

Board Of Aldermen - Minutes - 2/12/2020 - P11

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Board of Aldermen 2-12-2020 Page 11

UNFINISHED BUSINESS — RESOLUTIONS

R-20-001, Amended

Endorsers: Mayor Jim Donchess
Alderman-at-Large Lori Wilshire

SECOND AMENDMENT TO R-18-001 “AUTHORIZING THE MAYOR AND CITY TREASURER TO
ISSUE BONDS NOT TO EXCEED THE AMOUNT OF FIFTEEN MILLION FIVE HUNDRED
THOUSAND DOLLARS ($15,500,000) FOR THE PERFORMING ARTS CENTER LOCATED AT 201
MAIN STREET”

Given its second reading;

Board Of Aldermen - Minutes - 2/12/2020 - P10

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Board of Aldermen 2-12-2020 Page 10

Historic District Commission

There being no objection, President Wilshire confirmed the reappointment of Mariellen MacKay,

9 Webster Street, Nashua, to the Historic District Commission with a term to expire December 371,
2020.

Oath of Office administered by Corporation Counsel will be administered at a later date.

Nashua Housing and Redevelopment Authority

Board Of Aldermen - Minutes - 2/12/2020 - P9

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Board of Aldermen 2-12-2020 Page 9

Human Affairs Committee... 2.0.0... ccc cec ccc cce cue cee cee cee een cueuenunenereneeaes 02/10/2020

There being no objection, President Wilshire suspended the rules to allow for the oral report of the
Human Affairs Committee meeting held Monday night regarding proposed Resolution R-20-005.

Alderwoman Kelly gave an oral report of the Human Affairs Committee meeting of February 10, 2020 with
respect to Resolution R-20-005.

Alderwoman Kelly

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