Board of Public Works recommends Aldermen approve successor concession agreement for Holman Stadium

The Board of Public Works on May 21 recommended that the Nashua Board of Aldermen approve a successor concession agreement with Granite Diamond LLC that would continue the Silver Knights’ operations at Holman Stadium under a new lease structure.

Director Foto summarized the main terms, saying the proposal is "a new lease" with an initial five‑year term and two optional five‑year renewals, "so up to 15 years." She said the per‑game fee would remain $1,000 for the first five years and that "there's a $100 increase for each subsequent 5 year renewal, should the city and the Silver Knights decide" to exercise those options. Foto also told the board the Silver Knights would continue to operate concessions and run stadium operations for baseball while the city retains the right to host its own events at Holman Stadium.

Board members asked clarifying questions about differences from the previous contract and about maintenance. A board member asked whether the tenant would handle trash and field care; Director Foto confirmed the Silver Knights pick up trash in the grandstands and operate concessions, while the city performs solid‑waste collection in other circumstances. Board members also clarified that the city receives 40 percent of concession sales only when the event is a city event, not for regular Silver Knights baseball games.

Commissioner Greg moved to authorize the city to enter into the successor concession agreement with Granite Diamond LLC; the board voted by voice to recommend the resolution to the Nashua Board of Aldermen and the motion passed. The transcript records a voice vote but does not provide a roll‑call tally or named votes. The board then adjourned at 3:10 p.m.

The referral will be considered next by the Nashua Board of Aldermen; no vote by the Aldermen is recorded in this transcript.