Finance Committee - 10/18/2017 Page 24
NEW BUSINESS - RESOLUTIONS
Mayor Donchess
We have one resolution, but I’m going to ask that you table it for the following reason. It’s a lease agreement
for the transmission station that’s in the Nimco building for WSMN. It proposes that there be a lease payment
of $250 a month. The ownership of the station has just changed over. The new owner has contacted me to
say that $250 is a hardship for them. Legal is mostly concerned about getting a lease so they agree that they
are insured. I’d like the intervening two weeks to come back to you with a proposed written amendment to
basically leave all the provisions in place. $250 a month really doesn’t make much difference. We just want
the insurance. In any event, if you were to table it, | could come back to you with a written proposal and deal
with it next time.
R-17-139
Endorser: Mayor Jim Donchess
AUTHORIZING THE CITY OF NASHUA TO ENTER INTO A LEASE AGREEMENT WITH ABSOLUTE
BROADCASTING, LLC FOR A PORTION OF 1 PINE STREET EXTENSION
MOTION BY ALDERMAN WILSHIRE TO TABLE R-17-139
MOTION CARRIED
NEW BUSINESS — ORDINANCES - None
RECORD OF EXPENDITURES
MOTION BY ALDERMAN SIEGEL THAT THE FINANCE COMMITTEE HAS COMPLIED WITH THE CITY
CHARTER AND ORDINANCES PERTAINING TO THE RECORD OF EXPENDITURES FOR THE PERIOD
SEPTEMBER 29, 2017 TO OCTOBER 12, 2017
MOTION CARRIED
PUBLIC COMMENT
REMARKS BY THE ALDERMEN
POSSIBLE NON-PUBLIC SESSION
ADJOURNMENT
MOTION BY ALDERMAN WILSHIRE TO ADJOURN
MOTION CARRIED
The Finance Committee meeting was adjourned at 8:27 p.m.
Alderman Ken Siegel
Committee Clerk
