Proposed Manchester student housing plan raises finance questions
This component of the proposal drew criticism from Ward 12 Keith Hirschmann, as well as City Solicitor Tom Clark.
Concerns were also raised about the loss of the $150,000 in annual revenue from the Pearl Street lot and the impact on business that rely on the spaces.
Alderman-At-Large Dan O'Neil said parking was the most important issue that needed to be addressed. “I’m less concerned with how it’s getting financed. I think it’s a great project,” he said.
"As a business owner at the very southern of end of Elm (Street), I'm very envious what this will do for the northern part of Elm," he said.
McIntyre Ski loan
In other action Monday, the committee supported a $250,000 city loan to the McIntyre Ski Center to make improvements, including overhauling the ski lifts and snow-making capacity.
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