A special meeting of the Board of Aldermen was held Tuesday, October 27, 2020, at 6:30 p.m. via
teleconference.
President Lori Wilshire presided; City Clerk Susan K. Lovering recorded.
Prayer was offered by City Clerk Susan K. Lovering; Alderman June M. Caron led in the Pledge to the Flag.
President Wilshire
ORDINANCE:
PURPOSE:
ENDORSERS:
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2020
O-20-036
Establishing Performing Arts Center Board of Trustees
Mayor Jim Donchess
Special Board of Aldermen meeting on November 24, 2020
None
ANALYSIS
This legislation establishes a Board of Trustees for the Performing Arts Center at 201 Main
Street, Nashua.
Approved as to form:
Office of Corporation Counsel
Date: Novewloer YQ ‘ QO aA
Performing Arts Center grants, gifts, devises and bequests, as may be made to it or to the City for
the purpose of increasing or improving the Performing Arts Center. The Board of Trustees is also
O-20-036
authorized to take and hold any grant, gift, bequest or devise of property upon trust, real
properties excluded, to apply the principal or the income thereof in any manner it sees fit in
accordance with its best judgment and which will promote the purpose for which the Performing
Arts Center is established.
O-20-036
ORDINANCE
ESTABLISHING PERFORMING ARTS CENTER BOARD OF TRUSTEES
CITY OF NASHUA
in the Year Two Thousand and Twenty
The City of Nashua ordains that Part I “Administrative Legislation”, Chapter 5
“Administration of Government”, Article XIII “Generally”, of the Nashua Revised Ordinances,
as amended, be hereby further amended by adding the following section as follows:
Ҥ 3-59.1. Performing Arts Center Board of Trustees.
ORDINANCE:
PURPOSE:
ENDORSERS:
COMMITTEE
ASSIGNMENT:
FISCAL NOTE:
LEGISLATIVE YEAR 2020
O-20-035
Authorizing free holiday parking at meters in Zone IH which
includes the Elm Street and High Street parking garages from
December 7, 2020 through January 1, 202]
Mayor Jim Donchess
Alderman-at-Large Michael B. O’Brien, Sr.
Committee on infrastructure
0-20-035
ORDINANCE
AUTHORIZING FREE HOLIDAY PARKING AT METERS IN ZONE I WHICH
INCLUDES THE ELM STREET AND HIGH STREET PARKING GARAGES FROM
DECEMBER 7, 2020 THROUGH JANUARY 1, 2021
CITY OF NASHUA
in the Year Two Thousand and Twenty
oo
PREUNNARY DRA - POR DISCUBRION PURPOSES Or6, Y
rae
2 ay
Nashue Performing Asts Center - NMTC Term Sheet Confidential
October 14, 2020
Exhibit 4
Draft Structure Diagram
{Attached hereto]
16
33231393
Nashua Performing Arts Center -- NMTC Term Sheet Confidential
October 14, 2020
WAIVER OF JURY TRIAL. EACH OF INVESTOR, PROJECT SPONSOR AND BORROWER
IRREVOCABLY WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN
ANY ACTION, PROCEEDING OR CLAIM OF ANY NATURE RELATING TO THIS TERM
SHEET, ANY DOCUMENTS EXECUTED IN CONNECTION WITH THIS TERM SHEET, OR
ANY TRANSACTION CONTEMPLATED IN ANY OF SUCH DOCUMENTS, EACH OF
BORROWER, PROJECT SPONSOR AND INVESTOR ACKNOWLEDGES THAT THE
FOREGOING WAIVER 1S KNOWING AND VOLUNTARY.
Nashua Performing Arts Center - NMTC Term Sheet Confidential
October 14, 2020
| throughout the investment term. These representations, covenants and
certifications will be incorporated in the transaction documents, and with prior
written notice to Borrower from Investment Fund or Sub-CDE, may be changed
or amended in the event of newly revised regulations or to the extent reasonably
requited by Investment Fund’s or Sub-CDE’s legal counsel.
Additional Closing | Investor shall perform such due diligence and legal review of the transactions
