Minutes

Special Bd. of Aldermen — 5/2/17 Page 18

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Mr. Webb

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Alderman Clemons

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Mr. Webb

We have not included those numbers in the operating profile for the center. Those are numbers that will need
to be calculated and looked at very closely in order to respond to the bonding request.

Director Cummings

Special Bd. of Aldermen — 5/2/17 Page 14

that are emerging in our local community are getting the support that they need. While not the ideal, | was
definitely appreciative of the work that was put into looking at that building even though it is a little bit of a
quagmire.

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Director Cummings

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that’s in Portsmouth or Rutland or Keene or other communities where we’ve seen investment in cultural
facilities drive significant economic development. And learn from them what they did in order to achieve those.

Alderman Deane
But you seem to be a believe because you’ve used the “we believe” numerous times on numerous slides.
Mr. Webb

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Alderman O’Brien

For our investment of $15 million, what do you think is the life expectancy of this facility?

Mr. Aquilina

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Alderman Clemons

What is non-local government mean, and what are some examples that would be eligible for Nashua?

Mr. Webb

We are presuming state, federal and regional grants. There is a fundraiser on the staff. Their job is to pursue
fundraising in order to sustain the building. We set what | believe very conservative targets for individuals,
corporations, as well as that regional coverage.

Alderman Clemons

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Alderman Siegel