Finance Committee - Minutes - 8/5/2020 - P4
Finance Committee - 08/05/2020 Page 4
Oh ok.
Mayor Donchess
Now one thing that needs to be clarified from last time because this question came up and the tentative answer
| gave you was correct. The proceeds of this sale are from the remainder of a parcel that was partially used for
the Broad Street Parkway. We are talking now about the main parcel here, 44 Broad Street. The proceeds of
that sale will go not to the City of Nashua but back to the Federal Government because they advanced the
funds to make these acquisitions.