For Immediate Release: June 9, 2020
Contact: Marty Karlon, Public Information Officer, (603) 410-3594; public_relationsidinhrs.org
NHRS Trustees Reduce Assumed Rate of Return
Rate change is part of several adjustments to actuarial assumptions
) THE CITY OF NASHUA "7
Ae Financial Services Division
Office of the Chief Financial Officer
TO: President Lori Wilshire
Members of the Board of Aldermen
Ce: Mayor Jim Donchess
Jobn L. Griffin, Chief Financial Officer/Comptroller
June 10, 2020
NHRS Lower Assumed Rate of Returm from 7.25 to 6.75 Percent
R-20-040
Endorsers: Mayor Jim Donchess
Alderman Linda Harriott-Gathright
Alderman-at-Large David C. Tencza
Alderman-at-Large Michael B. O’Brien, Sr.
Alderman Richard A. Dowd
Alderman Jan Schmidt
AUTHORIZING THE MAYOR AND CITY TREASURER TO BORROW FROM THE NEW HAMPSHIRE
DEPARTMENT OF ENVIRONMENTAL SERVICES STATE REVOLVING LOAN FUND AN ADDITIONAL
AMOUNT NOT TO EXCEED TWO MILLION FIVE HUNDRED THOUSAND DOLLARS ($2,500,000) FOR
PUMP STATION UPGRADES
e Budget Review Committee Recommends: Final Passage
9(b). COMMUNICATIONS REQUIRING FINAL APPROVAL
From: Tim Cummings, Economic Development Director
Re: Communication — Approval & Place on File A Contract for Great American Downtown to assist
with implementation of the Nashua Downtown Riverfront Project
From: Jim Donchess, Mayor
Re: Temporary Policy on Emergency Leave due to Coronavirus (COVID-19)— July 6, 2020
AGENDA MEETING OF THE BOARD OF ALDERMEN JUNE 23, 2020
Meeting is being conducted remotely in accordance with Governor’s Emergency Order #12 pursuant to Executive
Order 2020-04
To join by Zoom meeting: https://usO2web. zoom. us//85494245358 ?pwd=cU42NUJhd2JVZ3EvOEd1Y 3pTV3RjUTO9
Meeting ID: 854 9424 5358
Password: 091623
To join by Zoom telephone: 1-929-205-6099
Meeting ID: 854 9424 5358
Password: 091623
If anybody has a problem accessing the meeting or Channel 16, please call 603-821-2049 and they will help you
connect.
Board of Aldermen 6-23-2020 Page 50
Board of Aldermen 6-23-2020 Page 49
Alderman Jette
Yes, thank you, Madam President. | too want to thank you and compliment you for arranging for public
comment. It was kind of disappointing that nobody from the public, | don’t know if they couldn't figure out
how to do it or just weren’t interested, just a couple of employees who took advantage of it. But thank you
for doing that.
Board of Aldermen 6-23-2020 Page 48
Board of Aldermen 6-23-2020 Page 47
Board of Aldermen 6-23-2020 Page 46
So Madam President, thank you for —| could not say this because — and let me clearly say if | had my
chance to vote | would have voted for that contract. It was duly negotiated and fairly by the City and the
Local. By due to my son, the reason is that my son is on the Fire Department and because of - | challenge
and | will challenge the future of my vote because | got elected to vote. And | feel that Charter needs to be
changed that we all vote.
