Approval 4:
Approval 5:
Approval 6:
Approval 7:
Approval 8:
Approval 9:
R-20-094
A) Authorizing a loan to 201 Main Street Financing Corp., in an amount not to
exceed $8,000,000, to be documented consistent with the requirements of the
New Markets Tax Credit program;
B) Authorizing payment to 201 Main Street Real Estate Corp. or a controlled
affiliate thereof, in an amount not to exceed $14,000,000; and
R-20-094
WHEREAS, R-20-087 authorizing assignment of the Community Development Finance
Authority grant to Nashua Community Arts had its first reading on October 27, 2020;
WHEREAS, the two voluntary corporations have been formed and are 201 Main Street
Real Estate Corp. and 201 Main Street Financing Corp.;
WHEREAS, a New Markets Tax Credit sub-allocation has been made available, subject
to closing, for the Performing Arts Center by Mascoma Community Development, LLC, an
affiliate of Mascoma Bank;
R-20-094
RESOLUTION
OMNIBUS RESOLUTION REGARDING NEW MARKETS TAX CREDIT
TRANSACTION FOR THE PERFORMING ARTS CENTER
CITY OF NASHUA
In the Year Two Thousand and Twenty
WHEREAS, the Board of Aldermen passed R-18-001 “Authorizing the Mayor and City
Treasurer to issue bonds not to exceed the amount of fifteen million five hundred thousand
dollars ($15,500,000) for the Performing Arts Center located at 201 Main Street” on February
13, 2018:
SPECIAL BOARD OF ALDERMEN
NOVEMBER 24, 2020
6:00 PM
To access Zoom: https://us02web.zoom.us/j/87407660212?pwd=U DdKM2 1 xaU ESTW VBbjiR YRK90MjdzUT09
Meeting ID: 874 0766 0212 Passcode: 672586
To join by phone: 1-929-205-6099 - Meeting ID: 87407660212 Passcode: 672586
If for some reason you cannot connect to Zoom, please contact us at (603) 821-2049 and they will help you
with connectivity. The public may also view the meeting via Channel 16.
PURPOSE: Amending the Administrative Officer ordinance
ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: None.
ANALYSIS
This legislation updates and amends the City’s ordinance in the Land Use chapter relative to the
Administrative Officer.
Approved as to form: Office of Corporation Counsel
By:
Date:
O-20-041
ORDINANCE
AMENDING THE ADMINISTRATIVE OFFICER ORDINANCE
CITY OF NASHUA
In the Year Two Thousand and Twenty
The City of Nashua ordains that Part II “General Legislation”, Chapter 190 “Land Use”,
Part 7 “Administrative Officer”, Article XXV “Staff’, Section 190-235 “Administrative Officer”
of the Nashua Revised Ordinances, as amended, is hereby further amended by deleting the
struck-through language and adding the new underlined language as follows:
Ҥ 190-235. Administrative Officer.
LEGISLATIVE YEAR 2020
ORDINANCE: O-20-040
PURPOSE: Increasing sewer use fees rates and charges
ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: This increase in rates and charges is intended to bring annual
RESOLUTION
R-20-040
From January 1, 2021 through December 31, 2021, quarterly and monthly charges
will be as follows:
Meter
Size
(inches)
0.625
0.75
|
wn
|S [4s [Wo |
Quarterly
Charge
$38.33
$76.66
$304.79
$607.74
$1,711.91
west SSeS
$3,797.93
wes tA
$7,597.69
wesw i Vs
$18,995.12
“ss
Monthly
Charge
A
No
12.78
25.55
101.
202.5
$570.64
O-20-040
ORDINANCE
INCREASING SEWER USE FEES RATES AND CHARGES
CITY OF NASHUA
In the Year Two Thousand and Twenty
The City of Nashua ordains that Part II “General Legislation”, Chapter 255 “Sewerage
Disposal”, Article [IX “Sewer Use Fees”, Section 255-63 “Rates and charges”, of the Nashua
Revised Ordinances, as amended, is hereby further amended by deleting the struck-through
language and adding the new underlined language as follows:
Ҥ 255-63. Rates and charges.
STATE OF NEW HAMPSHIRE
COUNTY OF HILLSBOROUGH
This, day of , 2020 appeared James W. Donchess, in his
capacity as Mayor of the City of Nashua, and acknowledged the foregoing instrument on behalf
of the City.
Notary Public/Justice of the Peace
My Commission Expires:
