9.16.2026 Trustees of Trust Funds

The City of Portsmouth, New Hampshire Trustees of Trust Funds held a meeting on September 16, 2026, where they approved minutes from a prior meeting and accepted various donations related to the NEVI project at Wahenco Park. They formally accepted a $25,000 annual contribution from the capital improvement plan for fiscal year 2027 and approved the release of the second installment of funds for the NEVI project, following prior city council approval. The trustees also approved the first installment payment of $10,035 for a city council-approved study on artist live-work studio space as below market rate housing. A previously requested $26,000 distribution for the Lower Stage 3 Pocket Park was withdrawn due to lack of city council authorization. The meeting included approval of amendments to TD Wealth Management agreements, with updated fee structures and retroactive effective dates, and review of monthly financial reports and fund consolidations. Trustees discussed administrative matters including transition planning for staff changes and upcoming meeting schedules. No new contracts or procurement solicitations were initiated, but several disbursements and fund acceptance votes related to capital improvement and community projects were conducted.