Finance Committee - 02/05/2020 Page 3
Alderwoman Lu
Hi. So this is a utility or | can’t thin of the word actually but do the contracts differ much? | just caught on the
idea of presenting the contract afterward? Are there terms that, other than price, that we should be concerned
about?
Ms. Brown
Finance Committee - 02/05/2020 Page 2
Mayor Donchess
And | think the gas contract is up in May?
Ms. Brown
The gas contract is up in May, electric is up in November; right now the market is extremely low and I’ve been
itching to buy. We've been at an 8-year low for two weeks and a 9-year low right now, So it is a really good
time to buy natural gas and electricity.
Mayor Donchess
And these contracts would be for what period of time?
Ms. Brown
REPORT OF THE FINANCE COMMITTEE
FEBRUARY 5, 2020
A meeting of the Finance Committee was held on Wednesday, February 5, 2020, 7:00 p.m. at City Hall in
Room 208.
Mayor Jim Donchess, Chairman, presided.
Members of the Committee present: Alderman Patricia Klee, Vice Chair
Alderman-at-Large Michael B. O’Brien
Alderman-at-Large Brandon Michael Laws
Alderwoman-at-Large Shoshanna Kelly
Alderman Linda Harriott-Gathright
Alderwoman Elizabeth Lu
Finance Committee - 02/19/2020 Page 11
Alderwoman Lu
Thank you.
MOTION CARRIED
UNFINISHED BUSINESS — None
NEW BUSINESS — RESOLUTIONS - None
RECORD OF EXPENDITURES
MOTION BY ALDERMAN HARRIOTT-GATHRIGHT THAT THE FINANCE COMMITTEE HAS COMPLIED
WITH THE CITY CHARTER AND ORDINANCES PERTAINING TO THE RECORD OF EXPENDITURES
FOR THE PERIOD FROM FEBRUARY 1, 2020 TO FEBRUARY 13, 2020
MOTION CARRIED
GENERAL DISCUSSION - None
PUBLIC COMMENT - None
REMARKS BY THE ALDERMEN
Finance Committee - 02/19/2020 Page 10
Mr. Codagnone
Finance Committee - 02/19/2020 Page 9
Ms. Kleiner
Finance Committee - 02/19/2020 Page 8
Mayor Donchess
The last one was 1991.
Alderwoman Lu
Thank you.
Alderwoman Kelly
| actually have quite a few questions but | am going to confirm that the questions that | have should probably
happen at the March 2™ Meeting in terms of like how we are doing the business assessment or is it just
residential and like which Wards we will be doing first and that kind of stuff.
Ms. Kleiner
Finance Committee - 02/19/2020 Page 7
Alderman Klee
| think you’ve already answered this when you talked about the March 2" meeting. So at that point you will
discuss when everything is going to start up, when citizens can expect that knock on the door of the leaflet that
is left there that we want to assess and so on. So will that date be set there or do you already have an idea of
a date.
Ms. Kleiner
Well if everything goes well on March 2", Vision would like to start March 3%.
Alderman Klee
Finance Committee - 02/19/2020 Page 6
ON THE QUESTION
Mayor Donchess
And Ms. Kleiner is here | believe.
Kim Kleiner, Director of Administrative Services
Finance Committee - 02/19/2020 Page 5
But it also affects us just because if the company no longer backs our product, there is inherent liability in
having our officers wear those on the street.
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: FY21 Biodiesel Fuel — City of Nashua (Value Estimated $24,263) Department: 186 Transportation;
Fund: FTA Grant
MOTION BY ALDERMAN HARRIOTT-GATHRIGHT TO ACCEPT, PLACE ON FILE, AND AUTHORIZE THE
CONTRACT EXTENSION FOR FY21 BIODIESEL FUEL — CITY OF NASHUA IN THE AMOUNT OF $24,263
