BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for
Monday, April 21, 2025, at 2:00 PM, 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Board of Director Public Minutes for the meeting of March 17, 2025.
- Nonpublic Session for Consideration of Loan and Credits, as applicable.
- Approval of Items and Associated Resolutions from nonpublic session, as applicable.
- Financial Reports– Chris Kreidermacher – Month End March 2025
- Lending Reports March – Jeremy Stanizzi – CAP Monthly, CAP Statistics/Demographics, Capacity Report
- Executive Director’s Report.
- Other Business.
Date mailed: April 16, 2025
BFA BOARD OF DIRECTORS MINUTES April 21, 2025
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:01 P.M. at 135 N. State Street, Concord, New Hampshire.
The following Directors were present:
Dick Anagnost, Matthew Benson, Stephen Duprey, Catherine Provencher, Daniel Henderson, Vikram Mansharamani, Monica Mezzapelle, Cheryl Coletti-Lawson, Todd Horner. Also present were: James Key-Wallace, Executive Director and Clerk; Jeremy Stanizzi, Senior Credit Officer; Chris Kreidermacher, Chief Financial Officer; Jeff Cook, Credit Analyst, Deborah Intonti, Executive Assistant, John Stoecker National Finance Authority, Senator Daniel Innis, Senator Keith Murphy, Kris Moussette, Hinckley Allen and Bonnie Payette, Executive Director, HEFA.
The following Members were absent: none.
Chairman Anagnost announced the meeting was open to the public and welcomed all present. Mr. Joe Haas was in attendance.
The Chairman asked for approval of the public minutes for the March 17, 2025, Board Meeting.
Upon motion made by Director Mansharamani and seconded by Director Duprey the following action was voted on:
VOTED: To accept the public minutes of March 17, 2025, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Vikram Mansharamani, Monica Mezzapelle Catherine Provencher, Cheryl Coletti-Lawson, Todd Horner, Daniel Henderson.
Nay: None
Abstain: None
NONPUBLIC SESSION
At 2:03 p.m. the Board entered into a Nonpublic Session under RSA 162-A:7-10 and RSA 162-A:13 (h) Consideration of applications by the Business Finance Authority, where consideration of confidential, commercial, or financial information that is exempt from public disclosure; and matters which if discussed in public, would likely affect adversely the reputation of any person, other than a member of the public body itself.
Upon motion to go into a nonpublic session made by Director Provencher and seconded by Director Mansharamani, the following roll call vote was taken to enter:
Stephen Duprey Yes
Matthew Benson Yes
Vikram Mansharamani Yes
Monica Mezzapelle Yes
Catherine Provencher Yes
Daniel Henderson Yes
Dick Anagnost Yes
Cheryl Coletti-Lawson Yes
Todd Horner Yes
Nay: None
Abstain: None
Chairman Anagnost asked for a motion to return to public session and seal the nonpublic minutes. A motion was made by Director Duprey and seconded by Director Mansharamani.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Vikram Mansharamani, Monica Mezzapelle Catherine Provencher, Cheryl Coletti-Lawson, Todd Horner, Daniel Henderson.
Nay: None
Abstain: None
PUBLIC SESSION RESUMED AT 2:16 p.m.
Blaylock Holdings/Thorndike Development:
The Chairman asked the Board to enter a motion to approve the loan request increase from Blaylock Holdings/Thorndike Development from $3.5MM to $4.5MM.
Upon motion made by Director Mansharamani and seconded by Director Provencher, the following action was voted on:
VOTED: To approve the loan request increase from Blaylock Holdings/Thorndike Development from $3.5MM to $4.5MM.
The following named Directors voted:
Aye: Dick Anagnost, Stephen Duprey, Matt Benson, Vikram Mansharamani, Monica Mezzapelle Catherine Provencher, Cheryl Coletti-Lawson, Todd Horner, Daniel Henderson.
Nay: None
Abstain: None
The Chairman asked Mr. Kreidermacher to review the month end Financial Reports.
The Chairman asked Mr. Stanizzi to review the Lending Reports.
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report.
There being no further business and upon motion made by Director Mansharamani and seconded by
Director Provencher, the meeting was adjourned at 2:37p.m.
Respectfully submitted:
James Key-Wallace