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  2. Finance Committee - Minutes - 3/17/2021 - P13

Finance Committee - Minutes - 3/17/2021 - P13

By dnadmin on Mon, 11/07/2022 - 13:44
Document Date
Wed, 03/17/2021 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 03/17/2021 - 00:00
Page Number
13
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__031720…

Finance Committee - 03/17/2021 Page 13

Mayor Donchess

Alright, questions or comments? Alderwoman Lu?
Alderwoman Lu

Thank you Mayor. Just through you to ask and | apologize, if the Clerk could just repeat what it’s being
charged to?

Mayor Donchess

Isn’t it the Sector Funds?

Mr. Hudson

Yeah it is the Corridor Accounts for DW Highway and Spit Brook Road and those are funds that developers
contribute to if they have a project, they contribute to help alleviate and address traffic congestion and issues
on the corridor. So each individual developer may not warrant its own improvement by pooling those funds
over time and it enables us to make larger improvements such as this.

Alderwoman Lu

OK and just a follow up?

Mayor Donchess

Of course, yes go ahead.

Alderwoman Lu

Thank you. Is that meant to make the lights work better, be more sequenced?

Mr. Hudson

Yes. So one of the issues is we have equipment at the end of its useful life so when that fails it doesn’t work
properly and it defaults into, kind of a pre-timed operation. We get the phone calls and we try to address
those, so there’s that. Just having functioning equipment is one benefit. But then the other as | mentioned, we
can do much more data collection to better modify timings and things to maximize efficiency. So this provides
additional capability that the other system never had.

Alderwoman Lu

Thank you.

Mayor Donchess

Alderwoman Lu, anything else?

Alderwoman Lu

Thank you.

Page Image
Finance Committee - Minutes - 3/17/2021 - P13

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