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Board Of Aldermen - Agenda - 11/10/2020 - P35

By dnadmin on Sun, 11/06/2022 - 22:53
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With a copy to: Celia KK. Leonard
Deputy Corporation Counsel
229 Main Street
Nashua, NH 03061

(d) Governing Law. This Agreement shall be interpreted under the laws of the State of
New Hampshire. The captions used herein are for convenience only, are not a part of this
Agreement, and shall not be used in construing it.

Board Of Aldermen - Agenda - 11/10/2020 - P34

By dnadmin on Sun, 11/06/2022 - 22:53
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(b) All recording fees for the deed of conveyance will be paid by the Buyer.
Recording fees for any necessary discharges will be paid by the Seller from the
closing proceeds.

(c) Seller and Buyer shall pay their own attorney’s and, if applicable, broker fees.

(d) This transfer will be exempt from New Hampshire real estate transfer tax pursuant
to NH RSA 78-B:2, I.

Board Of Aldermen - Agenda - 11/10/2020 - P33

By dnadmin on Sun, 11/06/2022 - 22:53
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current activities of other unit owners. To the best of Seller’s knowledge, the
Premises complies in all material respects with all applicable federal and state
environmental laws and regulations. Seller has not received any written notice
from any governmental authority or any written complaint from any third party
with respect to its alleged non-compliance with, or potential liability under, any
environmental laws and regulations.

Board Of Aldermen - Agenda - 11/10/2020 - P32

By dnadmin on Sun, 11/06/2022 - 22:53
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6. POSSESSION OF THE PREMISES AND RISK OF LOSS. The Premises shall be
delivered to the Buyer at the time of the closing free of all tenants, personal property, and
encumbrances, The risk of loss or damage to the Premises, by fire or other casualty, or
condemnation, prior to the Closing Date is assumed by Seller. [fall or a portion of the Premises
should be destroyed or damaged by fire, other casualty, or taken by eminent domain, Buyer may, at
its option, terminate this Agreement by written notice delivered to the Seller at or prior to the

Board Of Aldermen - Agenda - 11/10/2020 - P31

By dnadmin on Sun, 11/06/2022 - 22:53
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A. Title Examination/Survey.

1, If Buyer desires an examination of title or survey of the Premises, it
shall pay the cost thereof.
2. The Buyer shall report to the Seller the results of any such survey or

Board Of Aldermen - Agenda - 11/10/2020 - P30

By dnadmin on Sun, 11/06/2022 - 22:53
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REAL ESTATE PURCHASE AND SALE AGREEMENT

THIS REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Agreement”) is made
and entered into on this day of , 2020, by and between Grace
Fellowship of Nashua, having a mailing address of 55 Franklin Street, Nashua, New Hampshire
(“Seller”) and The City of Nashua, a municipal corporation, having an address of 229 Main
Street, Nashua, New Hampshire 03060, (“Buyer”).

Board Of Aldermen - Agenda - 11/10/2020 - P29

By dnadmin on Sun, 11/06/2022 - 22:53
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LEGISLATIVE YEAR 2020

RESOLUTION: R-20-090

PURPOSE: Authorizing the purchase of land and buildings at 35 Franklin
Street (Map 68, Lot 53)

ENDORSERS: Alderman Richard A. Dowd
Alderman Jan Schmidt

COMMITTEE

ASSIGNMENT: Planning and Economic Development Committee

FISCAL NOTE: Purchase price of one million eight hundred twenty five

thousand dollars ($1,825,000)

ANALYSIS

Board Of Aldermen - Agenda - 11/10/2020 - P28

By dnadmin on Sun, 11/06/2022 - 22:53
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R-20-090

RESOLUTION

AUTHORIZING THE PURCHASE OF LAND AND BUILDINGS AT 55 FRANKLIN
STREET (MAP 68, LOT 53)

CITY OF NASHUA

In the Year Two Thousand and Twenty

Board Of Aldermen - Agenda - 11/10/2020 - P27

By dnadmin on Sun, 11/06/2022 - 22:53
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RESOLUTION;

PURPOSE:

SPONSOR(S):

COMMITTEE
ASSIGNMENT:

FISCAL NOTE:

LEGISLATIVE YEAR 2020
R-20-089

Relative to the acceptance and appropriation of $30,345 from
the United States Department of Justice into Police Grant
Activity “2020 Justice Assistance Grant (Multi-Jurisdictional)”

Mayor Jim Donchess

Human Affairs Committee

Board Of Aldermen - Agenda - 11/10/2020 - P26

By dnadmin on Sun, 11/06/2022 - 22:53
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R-20-089

RESOLUTION

RELATIVE TO THE ACCEPTANCE AND APPROPRIATION OF $30,345 FROM THE
UNITED STATES DEPARTMENT OF JUSTICE INTO POLICE GRANT ACTIVITY
“2020 JUSTICE ASSISTANCE GRANT (MULTI-JURISDICTIONAL)”

CITY OF NASHUA

In the Year Two Thousand and Twenty

Pagination

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