Special Board of Aldermen Public Hearing
PUBLIC WORKS AND ENGINEERING
160 PUBLIC WORKS AND ENGINEERING - None
161 STREET DEPARTMENT - None
177 PARKS AND RECREATION - None
PUBLIC SERVICES
140 PINEWOOD CEMETERY - None
142 WOODLAWN CEMETERY - None
144 EDGEWOOD & SUBURBAN CEMETERIES - None
PUBLIC LIBRARY
179 PUBLIC LIBRARY - None
COMMUNITY DEVELOPMENT
153 BUILDING INSPECTION — None
155 CODE ENFORCEMENT - None
Special Board of Aldermen Public Hearing
FINANCIAL SERVICES
126 FINANCIAL SERVICES — None
128 RISK MANAGEMENT - None
129 CITY BUILDINGS -— None
130 PURCHASING DEPARTMENT - None
132 ASSESSING — None
134 GIS — None
INFORMATION TECHNOLOGY (IT)
120 TELECOMMUNICATIONS — None
122 INFORMATION TECHNOLOGY -— None
POLICE
150 POLICE DEPARTMENT - None
FIRE
152 FIRE DEPARTMENT - None
EMERGENCY PREPAREDNESS
156 EMERGENCY MANAGEMENT - None
157 CITYWIDE COMMUNICATIONS -— None
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In 2017 Nashua and Manchester were named one of the happiest places in the country, everybody
is smiling so | know that’s true. In 2017 one of the safest cities in the country and in 2017 one of
the best cities to live in in America, that was, again, Money Magazine.
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Chairman Dowd
Also, if a question comes up and it can’t be answered from the Mayor or Chief Financial Officer, we
have people from every Division here to answer the question. So the first area to be discussed is
General Government.
Mayor Donchess
PUBLIC HEARING
MAY 16, 2019
A Public Hearing was conducted by the Board of Aldermen on Thursday, May 16, 2019, at 7:00 p.m.
at the Nashua High School North Auditorium, 8 Titan Way, Nashua, New Hampshire.
President Lori Wilshire presided; City Clerk Patricia D. Piecuch recorded.
The prayer was offered by City Clerk Piecuch; Pledge of Allegiance was led by David C. Tencza.
Bond Purchaser
City of Nashua
SXX.XM (equity)
SXX.XM (Grant)
“Leveraged Lender”
SX.XXM Loan
SX.XM equity
Governance Structures
1. - Nonprofit (RSA 162-G)
2. - Nonprofit (RSA 162-G)
3.— Board of Trustees Entity
4. - 501 c. 3 Entity (Endowment)
CDE/Investment Fund
SX.XM_ Lev Lender
SX.XM NMTC Investment
High Level Overview
of Deal Structure
Equity Investor (“Private Entity”)
SX.XXM NMTC Credit
SX.XX Net NMTC Capital
SXX.XX Total
S$ XX
Additional Context
¢ These two entities are not permanent and are only being created to
effectuate the transaction. They will cease to exist after the seven
year NMTC compliance period concludes
¢ They are single purpose entities with 1 prescribed function
¢ Their roles and responsibilities will be prescribed in various closing
documents
