Agenda

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-038
PURPOSE: Authorizing the Mayor and City Treasurer to issue bonds not

to exceed the amount of two million and four hundred fifty
thousand dollars ($2,450,000) for the Walnut Street Oval
Intersection Project and West Pearl Street Streetscaping

SPONSOR(S): Mayor Jim Donchess

COMMITTEE Budget Review Committee

ASSIGNMENT: Board of Public Works

FISCAL NOTE: The bond would be sold in FY 23 for a twenty (20) year term. It is

RESOLUTION R-22-038

The bonds are to be issued in fully-registered form by means of a book-entry system or
otherwise and shall have such terms and conditions and be in such form, subject to the provisions
of this resolution and applicable law, as shall be determined by the Mayor and the City

Treasurer.

RESOLVED FURTHER, that the Mayor is authorized to enter into the required
contracts therefor as well as any amendments to be made thereto or any other documentation
necessary for the receipt of said funds.

R-22-038

RESOLUTION

AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS
NOT TO EXCEED THE AMOUNT OF TWO MILLION AND FOUR HUNDRED FIFTY
THOUSAND DOLLARS ($2,450,000) FOR WALNUT STREET OVAL INTERSECTION

PROJECT AND WEST PEARL STREET STREETSCAPING

CITY OF NASHUA

In the Year Two Thousand and Twenty-Two

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-037
PURPOSE: Relative to the acceptance of $1,031,630 from the State of New

Hampshire Department of Health and Human Services into
various Public Health and Community Services Grant
Activities.

SPONSOR(S): Mayor Jim Donchess

COM Human Affairs Committee
FISCAL NOTE: The fiscal impact is $1,031,630 of grants to be used for a specific

purpose.

ANALYSIS

R-22-037

RESOLUTION

RELATIVE TO THE ACCEPTANCE OF $1,031,630 FROM THE STATE OF NEW
HAMPSHIRE DEPARTMENT OF HEALTH AND HUMAN SERVICES INTO
VARIOUS PUBLIC HEALTH AND COMMUNITY SERVICES GRANT ACTIVITIES

CITY OF NASHUA

fn the Year Two Thousand and Twenty-Two

LEGISLATIVE YEAR 2022

RESOLUTION: R-22-036
PURPOSE: Authorizing Pennichuck Corporation to renew and extend its

line of credit with TD Bank, N.A.

ENDORSERS: Alderman Patricia Klee
COMMITTEE
ASSIGNMENT: Pennichuck Water Special Committee
FISCAL NOTE: None.
ANALYSIS

This resolution authorizes the request from Pennichuck Corporation to renew and extend its line
of credit with TD Bank, N.A. as described in the resolution.

R-22-036

RESOLUTION

AUTHORIZING PENNICHUCK CORPORATION TO RENEW AND EXTEND ITS
LINE OF CREDIT WITH TD BANK, N.A.

CITY OF NASHUA

In the Year Two Thousand and Twenty-Two

WHEREAS, the City of Nashua is the sole shareholder of Pennichuck Corporation
(“Pennichuck”) and each of its subsidiaries:

Nashua Arts Commission

Joseph Olefirowicz
35 Newbury Street
Nashua, NH 03060

Deanna Hoying
361 Whitford Street
Manchester, NH 03104

Lauren Spira-Savett
39 Coburn Avenue
Nashua, NH 03063

Cultural Connections Committee

Claudia Decker
59 Rebinson Road
Hudson, NH 03051

APPOINTMENTS BY THE MAYOR

MAY 24, 2022

Term to Expire

Term to Expire

Term to Expire

Term to Expire

> May 31, 2025

: May 31, 2025

: May 31, 2025

: May 24, 2025

ARPA PLAN 5/10/2022
FISCAL YEAR 2022 SeceiVERetroas FISCAL YEAR 2024 FISCAL YEAR 2025
PROJECT CATEGORY (01/01/22 - (07/01/22- 06/30/23) (07/01/23 - (07/01/24 - 12/31/24) 6 TOTAL
06/30/22) 06/30/24} Mths

REVENUE REPLACEMENT FY ‘22 $ 1,200,000.00 $ 1,200,000.00

HOUSING TRUST FUND $ 10,000,000.00 $ 10,000,000.00
MUNICIPAL CAPITAL REQUESTS

BACK-UP SERVER (iT) $ 500,000.00 $ 500,000.00

FIRE EQUIPMENT / ALARM $ 850,000.00 $ 850,000.00

POLICE - RECORD MANAGEMENT & GATE $ 650,000.00 $ 650,000.00

ro 4 THE CITY OF NASHUA "The Gate City”

Office of Econonie Developnrent

TO: Board of Aldermen

FROM: Tim Cummings, Economic Development Director
Date: May 17" 2022

RE: ARPA Funding Framework

Request

| am writing to request a meeting to discuss and approve the enclosed framework for spending
based on the funding that came in through the American Recovery Plan Act (“ARPA”).

Background