Minutes

Board of Aldermen — 9/26/17 Page 12
Alderman Wilshire

And not the neighborhood they live in. Yes.

Alderman Lopez

Board of Aldermen — 9/26/17 Page 11

R-17-129
Endorsers: Alderman-at-Large Mark S. Cookson
Alderman Don LeBrun
FOR THE CITY TO RESEARCH THE FEASIBILITY OF PURCHASING THE FORMER DANIEL
WEBSTER COLLEGE PROPERTY LOCATED AT 20 UNIVERSITY DRIVE
Given its second reading;

MOTION BY ALDERMAN COOKSON TO TABLE R-17-129 PENDING THE RECOMMENDATION FROM

THE NASHUA CITY PLANNING BOARD
MOTION CARRIED

Board of Aldermen — 9/26/17 Page 10
A viva voce roll call was taken which resulted as follows:

Yea: Alderman Wilshire, Alderman Clemons, Alderman Deane
Alderman Cookson, Alderman Dowd, Alderman Caron
Alderman Siegel, Alderman Schoneman, Alderwoman Melizzi-Golja
Alderman McGuinness, Alderman LeBrun, Alderman Moriarty
Alderman O’Brien, Alderman Lopez, Alderman McCarthy 15

Nay: 0
MOTION CARRIED
Resolution R-17-125 declared duly adopted.

Board of Aldermen — 9/26/17 Page 9

Board of Aldermen — 9/26/17 Page 8

and if the whole way we’ve been doing things for 20 some years needs to be changed or re-evaluated that we
do that in the coming year.

Alderman Moriarty

| don’t expect you to know the numbers off the top of your head, but nevertheless, I’ll read this clearly.

Board of Aldermen — 9/26/17 Page 7
FINANCE COMMITSE...... oo. c cece cece eee e eee eeeeeeeceeeeeeeeeeeeeeeeeeeeeeenees 09/20/17

There being no objection, President McCarthy declared the report of the September 20, 2017, Finance
Committee accepted and placed on file.

Human Affairs Committee 20.00... cecccccececaeececeeeeseeeeeaecenaeeeeaneernaess 09/18/17

There being no objection, President McCarthy declared the report of the September 18, 2017, Human Affairs
Committee accepted and placed on file.

Board of Aldermen — 9/26/17 Page 6

Board of Aldermen — 9/26/17 Page 5

If we use the same approach that we have been approach that we have been using for the last 25 years, or 24
or 23 years, we use the $258 million as the base. The ordinance says that ten percent of that number of the
fund appropriation needs to be in the reserve. If we use that figure against the now increased unassigned fund
balance of $29,921,501, using the same approach we have for the last more than 20 years, we come up with a
11.6 percent unassigned fund balance as compared with the municipal budget.

Board of Aldermen — 9/26/17 Page 4

anything. So how is this possible? Who is looking at these numbers? Who is representing the city,
representing the aldermen in these numbers? And, who on this Board is checking the numbers? | was on
this Board. Alderman Deane, you should check some of these numbers. I’m not sure anybody does anymore.
Keep this number in mind: $28 million is in unassigned fund balance account and CAFR in the Fiscal ’18
budget. | gave you the page numbers.

Board of Aldermen — 9/26/17 Page 3
COMMUNICATIONS

MOTION BY ALDERWOMAN MELIZZI-GOLJA THAT ALL COMMUNICATIONS BE READ BY TITLE ONLY
MOTION CARRIED

From: Mayor Jim Donchess
Re: | Downtown Riverfront Development Master Plan

MOTION BY ALDERWOMAN MELIZZI-GOLJA TO ACCEPT, PLACE ON FILE AND REFER TO THE
PLANNING & ECONOMIC DEVELOPMENT COMMITTEE
MOTION CARRIED

PERIOD FOR PUBLIC COMMENT RELATIVE TO ITEMS EXPECTED TO BE ACTED UPON THIS EVENING
Fred Teeboom, 24 Cheyenne Drive, Nashua