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Board Of Aldermen - Agenda - 9/9/2020 - P105

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LEGISLATIVE YEAR 2020

ORDINANCE: O-20-030

PURPOSE: Adopting a Tax Increment Financing (TIF) Development
District under RSA 162-K and NRO 295-11, the “School Street
TIF” and a Tax Increment Financing Development Program
and Financing Plan for the New TIF

SPONSOR(S): Mayor Jim Donchess

COMMITTEE

ASSIGNMENT:

FISCAL NOTE: The proposed TIF district at this time does not have any direct

Board Of Aldermen - Agenda - 9/9/2020 - P104

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ORDINANCE O-20-030

B. Such district shall also include any lots created out of or established from the
foregoing lots.”

And further, it is hereby RESOLVED by the Board of Aldermen of the City of
Nashua that the attached “Tax Increment Financing Development Program and Financing Plan”
is hereby adopted for the tax increment financing development district comprised of land
identified in NRO Section 295-12.1.

Board Of Aldermen - Agenda - 9/9/2020 - P103

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O-20-030

ORDINANCE

ADOPTING A TAX INCREMENT FINANCING (TIF) DEVELOPMENT DISTRICT

UNDER RSA 162-K AND NRO 295-11, THE “SCHOOL STREET TIF” AND A TAX

INCREMENT FINANCING DEVELOPMENT PROGRAM AND FINANCING PLAN
FOR THE NEW TIF

CITY OF NASHUA

In the Year Two Thousand and Twenty

The City of Nashua ordains that Part II “General Legislation,’ Chapter 295
“Taxation,” Article V “Development and Revitalization Districts,’ of the Nashua Revised
Ordinances, as amended, is hereby amended by adding a new section as follows:

Board Of Aldermen - Agenda - 9/9/2020 - P102

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RESOLUTION:
PURPOSE:

ENDORSER(S):

COMMITTEE

T
ASSIGNMENT:

FISCAL NOTE:

LEGISLATIVE YEAR 2020

R-20-073
Authorizing the Mayor to enter Pilot Agreement pursuant to

RSA 72:74 with Pennichuck Water Works. Inc.

Mayor Jim Donchess

Pennichuck Special Water Committee

This resolution has no cash outlay by the City of Nashua but does impact
property taxes for future taxes.

ANALYSIS

Board Of Aldermen - Agenda - 9/9/2020 - P101

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6. The term of this agreement shall be five (5) years beginning with tax year 2021 and may

be renewed for subsequent five (5) year periods by agreement of the parties.

Date:

City of Nashua

Pennichuck Water Works, Inc.

Board Of Aldermen - Agenda - 9/9/2020 - P100

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AGREEMENT PURSUANT TO RSA 72:74

This is an agreement between the City of Nashua (Nashua) a New Hampshire municipal

corporation with its principal place of business at 229 Main Street, Nashua, New Hampshire and

Pennichuck Water Works, Inc. (Pennichuck) a New Hampshire corporation and regulated utility.

The parties agree as follows:

1.

Pennichuck shall install renewable electric generating facilities in the form of solar
panels and related equipment on certain of its properties in northeast Nashua.

Board Of Aldermen - Agenda - 9/9/2020 - P99

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R-20-073

RESOLUTION

AUTHORIZING THE MAYOR TO ENTER INTO PILOT AGREEMENT PURSUANT
TO RSA 72:74 WITH PENNICHUCK WATER WORKS, INC.

CITY OF NASHUA

In the Year Two Thousand and Twenty

RESOLVED by the Board of Aldermen of the City of Nashua that the Mayor is
authorized to enter into the Pilot Agreement pursuant to RSA 72:74 with Pennichuck Water
Works, Inc. in substantially the same form as the attached.

Board Of Aldermen - Agenda - 9/9/2020 - P98

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LEGISLATIVE YEAR 2020
RESOLUTION: R-20-072

PURPOSE Relative to the acceptance and appropriation of $356,046 from the
U.S. Department of Transportation, Federal Transit Administration,
and $26,828 from the State of New Hampshire Department of
Transportation into Transit Grant Activity “Low or No Emission
Grant Program”

SPONSOR(S): Mayor Jim Donchess

COMMITTEE

ASSIGNMENT: Human Affairs Committee

FISCAL NOTE: Fiscal impact is grant funding to be used for a specific purpose.
ANALYSIS

Board Of Aldermen - Agenda - 9/9/2020 - P97

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R-20-072

RESOLUTION

RELATIVE TO THE ACCEPTANCE AND APPROPRIATION OF $356,046 FROM THE U.S.
DEPARTMENT OF TRANSPORTATION, FEDERAL TRANSIT ADMINISTRATION, AND
$26,828 FROM THE STATE OF NEW HAMPSHIRE DEPARTMENT OF
TRANSPORTATION INTO TRANSIT GRANT ACTIVITY “LOW OR NO EMISSION
GRANT PROGRAM”

CITY OF NASHUA

In the Year Two Thousand and Twenty

Board Of Aldermen - Agenda - 9/9/2020 - P96

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RESOLUTION

Approved as to account
structure, numbers and
amount:

Approved as to form:

R-20-071

Financial Services Division

By: /s David G. Fredette

Office of Corporation Counsel
By: /s/ Celia K. Leonard

Date: 9/2/2020

Pagination

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