As usual, the Union Leader only gave one side of the story to the Nashua taxpayers on the purchase of the new school.
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The Union Leader neglected to point out that because of remote learning, 860 students have pulled out of public schools within Nashua. This is per the Official October 2020 Enrollment Comparison from the Board of Education. Union Leader also neglected to state that 49.39% of the enrollment decrease was for Pre-K students. Pre-K Enrollment went from 326 to 165 students and no one bother to bring this fact up when asked by the Union Leader?
Union Leader also neglected to point out the because of the decrease in enrollment in Nashua, schools will have a decrease in financial aid of approx. $3,200,200. How is Nashua going to “make up” this money?
Also, in looking over the Purchase and Sale Agreement, that was in the Board of Aldermen meeting on November 10, 2020, it states the following:
Installment #1 – paid at closing $430,000
Installment #2 – paid on or before September 30, 2021 $170,000
Installment #3 – paid on or before September 30, 2022 $250,000
Installment #4 – paid on or before September 30, 2021 $725,000
So, this shows me that a lot of people in city hall are NOT reviewing the Purchase and Sales on 55 Franklin because it clearly shows that the $750,000 must be paid on or before September 30, 2021.
These might not be big points for the Union Leader however it is very important points to the Nashua residents.
It shows that more investigative journalists’ are required.