Pennichuck Water Special Committee – Aug 31, 2026
- Where
- Aldermanic Chamber, 229 Main Street, Nashua, NH
What was decided
The committee heard a report from Chief Financial Officer George Torres on renewing Pennichuck Corporation's $4 million working capital line of credit with TD Bank. The committee recommended final passage of resolution R-26-054 authorizing the renewal and extension of the line of credit.
Decisions recorded
- Recommended final passage of R-26-054, authorizing Pennichuck Corporation to renew and extend its line of credit with TD Bank, N.A. page 1 of the minutes (opens in new tab)
Summary written by AI from the city's minutes (opens in new tab). Checked against the city's PDF. Check the original before relying on it. How summaries are checked
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Minutes posted on the city website (PDF, 126 KB). Saved copy (opens in new tab), saved .
Agenda
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Terms used here
- resolution
- A formal decision of the Board of Aldermen, such as approving spending, a bond, or a budget. Numbered R- with the year, as in R-26-053.
- ordinance
- A city law passed by the Board of Aldermen. Numbered O- with the year, as in O-26-017.
- Pennichuck
- Pennichuck Corporation, the water utility the city owns as its sole shareholder. It reports to the Board of Aldermen every quarter.
Source
This meeting on the City of Nashua's meeting portal (opens in new tab) (CivicClerk). First recorded by Nashua Publick on .