Resolution appropriating the sum of $4,780,000 for the Hoit Road / Whitney Road Intersection Improvement project (CIP #30), authorizing the issuance of Penacook Village TIF District supported bonds and notes in the sum of $4,240,000 for this purpose, authorizing the use of $90,750 in impact fees for this purpose, accepting $449,250 in donations for this purpose, transferring $193,456 in expenses from the General Capital Projects fund to the Penacook Village TIF District Capital fund for this purpose, rescinding the appropriation of $456,000 for the Hoit Road / Whitney Road Intersection Improvement project (CIP #30), and de-authorizing the issuance of general fund supported bonds and notes in the sum of $456,000; together with report from the Director of Redevelopment, Downtown Services & Special Projects. (March public hearing with final action at the April 12, 2021 City Council meeting in accordance with RSA 162-K.) (Public testimony submitted.) (Additional public testimony received.) (Revised resolution submitted)

Committee

City Council

Requested by

Administration

Introduced

December 23, 2020

On agenda

March 8, 2021

Passed

April 12, 2021

Enacted

April 12, 2021

Enactment no.

9363