BUSINESS FINANCE AUTHORITY
NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for
Monday, August 15, 2022, at 2:00PM., 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Minutes for the Board Meeting of July 18, 2022.
- Approval of items from Credit Committee, as applicable.
- Approval of CAP Pilot Program
- Approval of Union Bank-Request to Join CAP Program
- Financial Reports– Chris Kreidermacher.
Month End July 2022
7. Lending Reports – Jeremy Stanizzi.
Capacity Report – July 2022
CAP Statistics & Demographics Report – July 2022
CAP Monthly Report – July 2022
CAP Quarterly – July 2022
8. Executive Director’s Report.
9. Nonpublic Session.
10. Other Business.
Business Finance Authority
August 15, 2022
Concord, New Hampshire
BFA BOARD OF DIRECTOR’S MINUTES
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:03 p.m. at 135 N. State Street, Concord, New Hampshire. The following Directors were present: Dick Anagnost, Matthew Benson, Daniel Henderson, Catherine Provencher Stephen Duprey, Jeffrey Hayes and Monica Mezzapelle. Also present were: Representative Michael Edgar, James Key-Wallace, Executive Director, and Clerk; Chris Kreidermacher, Chief Financial Officer; Jeremy Stanizzi, Senior Credit Officer, Jeff Cook, Credit Analyst, Deb Intonti, Executive Assistant, and John Stoecker, National Finance Authority. Absent were: Director Nancy Merrill, Director Jason Syversen, and Director Charles Withee.
The Chairman announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the minutes for July 18, 2022, Board Meeting.
Upon motion made by Director Provencher and seconded by Director Benson, the following action was voted on:
VOTED: To accept the minutes of the July 18, 2022, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Jeffrey Hayes, Catherine Provencher.
Nay: None.
Abstain: Director Mezzapelle and Director Duprey
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Stanizzi to present the CAP Pilot Program.
The Chairman asked for a motion to accept the CAP Pilot Program as presented.
Upon motion made by Director Benson and seconded by Director Henderson, the following action was voted on:
VOTED: To accept the CAP Pilot Program as presented.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Jeffrey Hayes, Catherine Provencher, Monica Mezzapelle and Stephen Duprey.
Nay: None.
Abstain: None.
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Stanizzi to present the Union Bank Request to Join CAP Program.
The Chairman asked for a motion to accept the Union Bank Request to Join CAP Program.
Upon motion made by Director Benson and seconded by Director Henderson, the following action was voted on:
VOTED: To accept the request from Union Bank to Join the CAP Program.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Jeffrey Hayes, Catherine Provencher, Monica Mezzapelle and Stephen Duprey.
Nay: None.
Abstain: None.
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Kreidermacher to review the month end (July) Financial Reports.
The Chairman asked Mr. Stanizzi to review 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 Provencher and seconded by
Director Mezzapelle, the meeting was adjourned at 2:48 p.m.
Respectfully submitted:
James Key-Wallace
Clerk