Board Of Aldermen

responsible under the Cure Notice on or before the Closing, Purchaser shall have the option of
either terminating this Agreement by written notice to Seller and or proceeding to Closing
without any deduction, reduction or offset in the Purchase Price, except to pay any monetary
liens encumbering the Premises. If Purchaser terminates this Agreement as a result of Seller’s
failure to cure any matter set forth in the Cure Notice, the Second Deposit shall be promptly
returned to Purchaser.

6. TRANSFER TAXES; ADJUSTMENTS.

3. CLOSING DATE.

PURCHASE AND SALE AGREEMENT

THIS PURCHASE AND SALE AGREEMENT (this Agreement”), is made as of
, 2020 (the “Effective Date”), by and between Burke Street Nashua, LLC, a
limited liability company with an address at 124 Joliette Street, Manchester,
NH 03102 (“Purchaser”) and the City of Nashua, New Hampshire municipal with an address of
229 Main Street, Nashua, NH 03060 (‘Seiler’).

l. PURCHASE AND SALE.

LEGISLATIVE YEAR 2020
RESOLUTION: R-20-059

PURPOSE: Authorizing the sale of City real property located at 141-143
Burke Street (Map 11, Lot 158) to Burke Street Nashua, LLC

ENDORSERS: Mayor Jim Donchess
COMMITTEE
ASSIGNMENT: Committee on Infrastructure
Nashua Planning Board
FISCAL NOTE: The purchase of this building and land was funded through R-

R-20-059

RESOLUTION

AUTHORIZING THE SALE OF CITY REAL PROPERTY LOCATED AT 141-143
BURKE STREET (MAP 11, LOT 158) TO BURKE STREET NASHUA, LLC

CITY OF NASHUA

in the Year Two Thousand and Twenty

WITNESSES:

ARTICLE 42
CREDIT UNION

Personal Time is defined as a special situation that arises that is not considered as any other type
of leave contained within this bargaining agreement such as a Personal Day, family medical
leave, etc.

At any one time the minimum time allowed will be 30 minutes, and the maximum time allowed
is eight hours. Such time shall not exceed 16 hours in any calendar year, and shall be deducted
from the employee’s accumulated sick leave. If no sick leave is available, the employee is not
eligible to receive Personal Time.

Requesting Personal Time:

ARTICLE 40
EMERGENCY LEAVE/PERSONAL TIME

EMERGENCY LEAVE:

Definition:

Emergency Leave is defined as set forth in Nashua Police Department Rules and Regulations.
Regular Full-Time Employees:

For the purpose of this Article the words "emergency leave" means time when an employee is
excused from active duty for emergency reasons. Said time is deducted from the employee’s
accumulated sick leave. If no sick leave is available, the employee is not eligible to receive an
emergency leave day.

Regular Part-Time Employees:

ARTICLE 39
EDUCATIONAL REIMBURSEMENT

The Commission shall allocate an amount of $3,000 to spend on educational benefits (tuition
reimbursement) per fiscal year effective July 1, 1999. Said amount is on a first come, first serve
basis. Once the $3,000 cap is expended, the educationa! benefit (tuition reimbursement) is no

longer available.
A.

B.

The maximum amount the department will pay per class is $400.

Only one class will be reimbursed per school term.