Finance Committee - 5/16/2018 Page 3
Alderman O’Brien
Thank you Mr. Mayor. Mr. Cummings, as you have been aware there has been a lot of questions by some
people in the public, a couple people have come up and everything. So this should particularly answer those
particular questions. We have got to have a company that is going to come in and designate and get the funds
and put it in the right account. And like you say, it is something that has been done in other communities that
has this type of goal. So it basically should clear up a lot of questions that came from the general public on this
correct?
Mr. Cummings
Mr. Mayor, if | may. Yes and in particular the consultant we are going with has extensive experience here in
Nashua and also for fund raising in general and particularly with theaters. | have her biography here, | can
pass it around to the committee if you would like. Essentially she did the capital campaign for the YMCA here
in Greater Nashua, working with Mike LaChance and she also helped do the brand new Nashua Soup Kitchen
and Shelter, so that is very specific to Nashua. She was the campaign consultant for the fund raising initiative
for Red River Theater up in Concord. She has a wealth of experience in this subject matter and we are pretty
excited.
Alderman Klee
Thank you. Correct me if | am wrong, but one of the things with this type of a plan is that she is not necessarily
the one that is going to be doing the fund raising. She is going to be kind of consulting and working with the
people private and public, to get the funds. She is just going to help us through the process, correct?
Mr. Cummings
That is absolutely correct. She, being Ms. McNamara, has to adhere to a code of conduct and ethics for her
profession. She is prohibited from making “the direct ask”. Her role will be administrative and organizational in
nature to help us move the project forward.
Alderman Klee
Thank you.
MOTION CARRIED
From: Dan Kooken, Purchasing Manager
Re: Contract for Tax Credit Consultant (Value: $63,450)
MOTION BY ALDERWOMAN KELLY TO ACCEPT, PLACE ON FILE AND, CONTINGENT UPON BOARD
OF ALDERMEN APPROVAL, AWARD THE TWO-YEAR CONTRACT TO WILLIAM C. (NIEL) CANNON,
FINANCE & DEVELOPMENT CONSULTANT, IN THE AMOUNT OF $63,450. SOURCE OF FUNDING IS
DEPARTMENT 183, ECONOMIC DEVELOPMENT; PAC FEASIBILITY STUDY
ON THE QUESTION
Alderwoman Kelly
Thank you. | was just wondering if you could talk a little bit about this and what they are going to be doing that
is different from the first one, | was a little bit confused when | read through it as well.
