Board Of Aldermen - Agenda - 6/14/2022 - P28

By dnadmin on Mon, 11/07/2022 - 07:49

Graham, Donna

ee a
From: Laurie Ortolano
Sent: Wednesday, June 01, 2022 1:07 PM
To: Graham, Donna
Subject: Re: Interest Paid for Abatement Appeals not settled expeditiously

CAUTION: This email came from outside of the organization. Do not click links/open attachments if source is
unknown.

Donna,

Could you please place this email into the upcoming Board Packet and could you provide it to the Budget
committee packet as well.

Good Morning,

Board Of Aldermen - Agenda - 6/14/2022 - P27

By dnadmin on Mon, 11/07/2022 - 07:49

Board of Aldermen

City of Nashua
229 Main Street
Nashua, NH 03061-2019

(603) 589-3030

MEMORANDUM

TO: Board of Aldermen

FROM: Donna Graham, Legislative Affairs Manager
DATE: June 9, 2022

SUBJ: Communications Received from the Public

Attached please find communications received from the public as follows:

From: Laurie Ortolano
Re: Interest Paid for Abatement Appeals not settled expeditiously

From: Denise Muccioli
Re: Overflow Parking Issues ~ Roby Park ~ Action is Required

Board Of Aldermen - Agenda - 6/14/2022 - P26

By dnadmin on Mon, 11/07/2022 - 07:49

-3-

Other Approvals. As a regulated public utility, PWW must obtain approval of the loans from
the New Hampshire Public Utilities Commission (““NHPUC”), which will approve the loans if it
finds the loans to be consistent with the public good. PWW will file a petition for approval with
the NHPUC during the week of May 23, 2022 and expects the NHPUC to consider the petition
promptly, Under the SRF Fund, the loans must also be approved by the Governor and Executive
Council, which is anticipated to occur in July 2022.

Board Of Aldermen - Agenda - 6/14/2022 - P25

By dnadmin on Mon, 11/07/2022 - 07:49

-2-

“(3) any action to (A) create, incur or assume any indebtedness for borrowed
money or guarantee any such indebtedness of any person, (B) issue or sell
any debt securities or warrants or other rights to acquire any debt securities
of the [Pennichuck] Corporation or any of its Subsidiaries, or (C) guarantee
any debt securities of any person.”

Proposed Borrowings. Pennichuck requests the City’s approval for two loans from the SRF
Fund to PWW. The specifics of these loans are described below:

Board Of Aldermen - Agenda - 6/14/2022 - P24

By dnadmin on Mon, 11/07/2022 - 07:49

PENNICHUCK: 25 WALNUT STREET
PO BOX 428
NASHUA, NH 03061-0428

(603) 882-5191
FAX (603) 913-2305

WWW.PENNICHUCK COM

VIA HAND DELIVERY
May 26, 2022

Mr. Steven A. Bolton
Corporation Counsel
City of Nashua

229 Main Street
Nashua, NH 03060

Re: Request for Approval of Loans from the New Hampshire State Revolving Fund
to Pennichuck Water Works. Inc. - AMENDED from May 24. 2022 Letter

Dear Attorney Bolton:

Subscribe to Agenda