1. Definitions
The following terms used within this Contract are defined as follows:
Energy Baseline - A calculation or measure of each type of energy consumed (or, as
appropriate, water consumed or operating and maintenance costs) in existing facilities at the
Premises prior to the installation of energy conservation measures or energy efficiency
measures as described in Attachment 4 - M& V Plan.
Preamble
This Energy Performance Contract (hereinafter “Contract”) is entered into as of (“Effective
Date”) by _EEl, Inc. (hereinafter “ESCO”), a corporation having its principal offices at, with
offices at, 19 D Star Drive, Merrimack, NH 03054 and Nashua School District (hereinafter
“the Customer’), having its principal offices at 141 Ledge St, Nashua, NH 03060 for the
ENERGY PERFORMANCE CONTRACT
BETWEEN
Nashua School District
AND
Energy Efficient Investments, Inc.
ESCO Contract — Nashua Schools & EEI, Inc
LEGISLATIVE YEAR 2020
RESOLUTION: R-20-076
PURPOSE: Authorizing an energy performance contract and lease
financing arrangement
ENDORSERS: Mayor Jim Donchess
Alderman Richard A. Dowd
COMMITTEE
ASSIGNMENT:
FISCAL NOTE: The maximum principal amount of the Agreement or other tax-
exempt obligations expected to be delivered for the Equipment is
not expected to exceed $6,671,814.
ANALYSIS
RESOLUTION R-20-076
Section 4. The City shall, and the officers, agents and employees of the City are hereby
authorized and directed to take such further action and execute such other documents, certificates
and instruments, as may be necessary or desirable to carry out and comply with the intent of this
Resolution, and to carry out, comply with and perform the duties of the City with respect to the
Agreement, the Escrow Agreement and the Energy Contract.
R-20-076
RESOLUTION
AUTHORIZING AN ENERGY PERFORMANCE CONTRACT AND LEASE
FINANCING ARRANGEMENT
CITY OF NASHUA
In the Year Two Thousand and Twenty
WHEREAS, the City of Nashua, New Hampshire (the “City”), is a political subdivision
duly organized under the constitution and laws of the State of New Hampshire; and
Special Board of Aldermen 10-06-2020 Page 7
Chairman Dowd
Hello? Yes? Name and address? You want to speak in opposition? No? Alright. Once again testimony in
favor? Is there anyone in the public that would like to make a comment relative to this Legislation in favor? |
am seeing no one raising their hand on the list. | am hearing no one.
TESTIMONY IN FAVOR - None
TESTIMONY IN OPPOSITION - None
Special Board of Aldermen 10-06-2020 Page 6
Alderman Clemons
| do but | am wondering if it is better served at the Budget Meeting for the purposes you just stated. Is Mr.
Donovan going to be on at the Budget Meeting after?
Chairman Dowd
Mr. Donovan?
Mr. Donovan
Yes, | will stay for the meeting, yes.
Alderman Clemons
Ok most of my questions are for him | think so | will wait until the Budget Meeting, thank you.
Chairman Dowd
Alright, Alderman Lopez?
Alderman Lopez
Special Board of Aldermen 10-06-2020 Page 5
Chairman Dowd
Ok, thank you Mr. Donovan. Also, before | turn it over to Ms. Brown, | know that this agreement has been
scrutinized in minute detail by Attorney Bolton. | don’t know if he wants to say anything, but | know that he’s
gone through this contract with a fine-tooth comb and it’s solid the way it’s currently stated. Would you
agree with that, Attorney Bolton?
Steve Bolton, Corporation Counsel
