Board Of Aldermen - Agenda - 5/16/2019 - P3
Dept Revenue Appropriations
No. (Yellow (White Section)
Section)
CAPITAL IMPROVEMENTS
Capital Improvements 274
ENTERPRISE FUNDS (Green Section)
6000 | Solid Waste Disposal System Fund 278 280
6200 | Wastewater User Fund 289 291
SPECIAL REVENUE FUNDS (Pink Section)
City Special Revenue Funds:
2501 | Public Health Client Fees Fund 298
2503 | Parks & Recreation Programs Fund 299
2504 | Holman Stadium Events Fund 300
2505 | PEG Access Channel Fund 301
2506 | Hunt Building Facility Rental Fund 303
Board Of Aldermen - Agenda - 5/16/2019 - P2
Dept Revenue Appropriations
No. (Yellow (White Section)
Section)
INFORMATION TECHNOLOGY (IT)
120 | Telecommunications 135
122 | Information Technology 136
POLICE
150 | Police Department 40 144
FIRE
152 | Fire Department 4l 151
EMERGENCY PREPAREDNESS
156 Emergency Management 165
157 Citywide Communications 167
OTHER PUBLIC SAFETY
159 | Hydrant Fees — Fire Protection 170
162 | Street Lighting 171
PUBLIC HEALTH & COMMUNITY SERVICES
171 | Community Services 181
Board Of Aldermen - Agenda - 5/16/2019 - P1
SPECIAL BOARD OF ALDERMEN
AGENDA
MAY 16, 2019
7:00 p.m.
PRESIDENT LORI WILSHIRE CALLS ASSEMBLY TO ORDER
PRAYER OFFERED BY CITY CLERK PATRICIA PIECUCH
PLEDGE TO THE FLAG LED BY ALDERMAN DAVID C. TENCZA
ROLL CALL
PUBLIC HEARING
R-19-123
NHS North Auditorium
8 Titan Way, Nashua
RELATIVE TO THE ADOPTION OF THE FISCAL YEAR 2020 PROPOSED BUDGET
FOR THE CITY OF NASHUA GENERAL, ENTERPRISE, AND SPECIAL REVENUE FUNDS
Sequence in Which City Department Budgets will be Discussed:
Board Of Aldermen - Agenda - 5/20/2019 - P6
Approval 1:
Approval 2:
Approval 3:
Approval 4:
Approval 5:
Approval 6:
Approval 7:
New Markets Tax Credit (NMTC)
Nashua Performing Arts Center
Anticipated City Approvals
Create 2 RSA 162-G:15 Voluntary nonprofit Corporation, Nonprofit A & B
R-19-136 (introduced and in process)
A) Loan $xxx to Sr. Leverage Lender Nonprofit A
B) Grant $xxxx to QALICB Nonprofit B
C) Agreements among QALICB, City and Sr. Leverage Lender
Board Of Aldermen - Agenda - 5/20/2019 - P5
Dr ummec 1 i * John S. Kaminski 207.253.0561
ATTORNE A
YS AT LAW 84 Marginal Way, Suite 600
Portland, Maine 04101-2480
207.772.1941 Main
207.772.3627 Fax
April 17, 2019
VIA EMAIL ONLY
Celia Leonard, Esq.
Deputy Corporation Counsel
City of Nashua
229 Main Street
Nashua, NH 03060
Re: Performing Arts Center
Dear Celia:
Board Of Aldermen - Agenda - 5/20/2019 - P4
MAY 20 PRESENTATION REVISED
NASHUA PERFORMING ARTS CENTER
TABLE 2: DEAL DIAGRAM/FLOW OF FUNDS
TOTAL PROJECT GOST: $ 19,217,500
"EQUITY":
[AMOUNT FINANCED VIA NMTC: 14,700,000
CITY OF NASHUA 15,900,009,
—————————__|[8_4517,500) [is 10,482,500 [Debt Service
BOND
| PURCHASER
Debt Sdrvice Paymants
|
| Loan
$ | 10,482,500
Enity "C"
Board Of Aldermen - Agenda - 5/20/2019 - P3
execute on providing the financing for the NMTC transaction. This debt will take priority over other debt
and be in a superior position.
What is RSA 162-G
Board Of Aldermen - Agenda - 5/20/2019 - P2
| THE CITY OF NASHUA
Office of Economic Development
"The Gate City"
To: Lori Wilshire, President of the Board of Aldermen
From: Tim Cummings, Director of Economic Development
Ce: Members of the Board of Aldermen
Date: May 15, 2019
Re: Operational Issues Surrounding New Market Tax Credit (“NMTC”) Program
Purpose
Board Of Aldermen - Agenda - 5/20/2019 - P1
SPECIAL BOARD OF ALDERMEN
MAY 20, 2019
7:00 PM Aldermanic Chamber
PRESIDENT LORI WILSHIRE CALLS ASSEMBLY TO ORDER PRAYER
OFFERED BY CITY CLERK PATRICIA D. PIECUCH
PLEDGE TO THE FLAG LED BY ALDERMAN JAN SCHMIDT
ROLL CALL
PUBLIC HEARING
R-19-136
AUTHORIZING THE FORMATION OF TWO VOLUNTARY NONPROFIT
CORPORATIONS UNDER RSA 162-G FOR THE PERFORMING ARTS CENTER
Testimony in Favor
Testimony in Opposition
Testimony in Favor
Testimony in Opposition
ADJOURNMENT