Agenda
The regular meeting of the Board of Directors is scheduled for Monday, April 19, 2021 at 2:00 p.m., Pillsbury Meeting Room, 2 Pillsbury Street, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Minutes for the Board Meeting of March 15, 2021.
- Month End Financial Reports – Chris Kreidermacher
- Lending Reports – Jeremy Stanizzi.
- CAP Monthly Loan Report.
- CAP Statistics & Demographics.
- Capacity Report.
- Executive Director’s Report.
- Nonpublic Session.
- Other Business.
Minutes
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:29 p.m. at 2 Pillsbury Street, Suite 201, Concord, New Hampshire. The following Directors were present: Dick Anagnost, Stephen Duprey, Matthew Benson, Charles Withee, Daniel Henderson, Jason Syversen, and Nancy Merrill. Also present were: James Key-Wallace, Executive Director and Clerk; Chris Kreidermacher, Chief Financial Officer; Jeremy Stanizzi, Senior Credit Officer; Jeff Cook, Credit Analyst; Meagen Kerris, Administrative Assistant; John Stoecker, National Finance Authority; Anthony Martini, Hinckley Allen & Snyder. Absent were: Director Jeffrey Hayes, Director Catherine Provencher, Director Monica Mezzapelle, Senator Bob Giuda, Representative Laurie Sanborn, Senator Gary Daniels,
The Chairman announced the meeting was open to the public and welcomed all present.
The Chairman asked the Board to consider the Resolution for a Collateral Shortfall Loan for Dover Business and Industrial Development Authority in the amount of $1,662,565 with the condition of the construction budget including a 15% contingency.
Upon motion made by Director Duprey and seconded by Director Benson, the following action was voted on:
VOTED: To approve the Resolution for a Collateral Shortfall Loan for Dover Business and Industrial Development Authority in the amount of $1,662,565 with the condition of the construction budget including a 15% contingency.
The following named directors voted:
- Aye: Dick Anagnost, Jason Syversen, Daniel Henderson, Matthew Benson, Nancy Merrill, and Stephen Duprey.
- Nay: None.
- Abstain: Charles Withee.
Where upon the Chairman declared said resolution adopted.
The Chairman asked for approval of the minutes for March 15, 2021 Board Meeting.
Upon motion made by Director Benson and seconded by Director Merrill, the following action was approved:
VOTED: To accept the minutes of the March 15, 2021 Board Meeting.
The following named directors voted:
- Aye: Dick Anagnost, Nancy Merrill, Stephen Duprey, Matthew Benson, and Jason Syversen.
- Nay: None.
- Abstain: Daniel Henderson and Charles Withee.
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Kreidermacher to review the month end financial report.
The Chairman asked Mr. Stanizzi to review Lending Reports.
The Chairman asked Mr. Key-Wallace to present the Director’s Report.
There being no further business and upon motion made by Director Duprey and seconded by Director Withee, the meeting was adjourned at 3:00 p.m.
Respectfully submitted:
James Key-Wallace
Clerk