BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for Monday, August 17, 2026, at 2:00 PM, 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Board of Directors Public and Nonpublic Minutes for the Meeting of July 20, 2026.
- Nonpublic Session for Consideration of Loans, as applicable.
- Approval of Loan Items and Associated Resolutions as applicable.
- Approval of re-allocation of available $300,000,000 Contingent Credit Limit among uses authorized by RSA 162-A.
- Approval of Machias Savings Bank – Request to Join CAP Program
- To consider approving a Resolution authorizing up to $112,000,000 in tax-exempt revenue bonds for Elliot Hospital. (Issue, Series 2026)
- Financial Reports– Chris Kreidermacher – Month End Report
- Lending Reports – Jeremy Stanizzi – CAP Monthly, CAP Statistics/Demographics, Capacity & Lending Report, CAP Quarterly – June, CAP Claim – Stiles Landscaping, LLC, CAP Claim – Northeast Auto Services, LLC
- Executive Director’s Report.
- Other Business.
New Hampshire Business Finance Authority
August 17, 2026 Concord, New Hampshire
BFA BOARD OF DIRECTORS MINUTES
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, Vikram Mansharamani, Bruce Burns, Stacey Donlon, Todd Horner, Monica Mezzapelle, Cheryl Coletti-Lawson, 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, Bonnie Payette, NHBFA, Susan Cummings, NHBFA, John Stoecker, National Finance Authority, Senator Keith Murphy, Kris Mousette, Hinckley Allen.
The following member(s) were absent: Senator Daniel Innis, Martin J. Conley, III, Representative Brian Cole, Matthew Benson, Daniel Henderson, Stephen Duprey, Catherine Provencher, Representative Gary Daniels.
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the public NHBFA board minutes for the July 20, 2026, Board Meeting.
Upon motion made by Director Burns and seconded by Director Mansharamani the following action was voted on:
VOTED: To accept the public minutes of July 20, 2026, NHBFA Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Todd Horner, Cheryl Coletti-Lawson, Monica Mezzapelle, Bruce Burns, Stacey Donlon.
Nay: None
Abstain: None
Whereupon the Chairman declared said motion adopted.
The Chairman asked the Board to consider approval for use and allocation of available $300,000,000 Contingent Credit Limit among uses authorized by RSA 162-A and establish category limits in accordance with RSA 162-A:22 Unified Contingent Credit Limits.
Upon a motion made by Director Mezzapelle and seconded by Director Mansharamani the following action was voted on:
VOTED: Approval of the use and allocation of available $300,000,000 Contingent Credit Limit among uses authorized by RSA 162-A and establish category limits in accordance with RSA 162-A:22 Unified Contingent Credit Limits as follows:
Guarantee Asset Program $ 15,000,000
Guarantee of Industrial Development Bonds $280,000,000
Working Capital Loan Guarantee $ 5,000,000
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Todd Horner, Cheryl Coletti-Lawson, Monica Mezzapelle, Bruce Burns, Stacey Donlon.
Nay: None
Abstain: None
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Stanizzi to present the Machias Bank Request to Join CAP Program.
The Chairman asked for a motion to accept the Machias Bank Request to Join CAP Program.
Upon motion made by Director Mansharamani and seconded by Director Burns the following action was voted on:
VOTED: To accept the request from Machias Bank to Join the CAP Program.
The following named Directors voted:
Aye: Dick Anagnost, Vikram Mansharamani, Todd Horner, Cheryl Coletti-Lawson, Monica Mezzapelle, Bruce Burns, Stacey Donlon.
Nay: None
Abstain: None
Elliot Hospital Issue, Series 2026 Bond:
The Chairman asked the Board to consider approval of a resolution authorizing up to $112,000,000, in tax-exempt revenue bonds for Elliot Hospital Issue, Series 2026.
Upon motion made by Director Burns and seconded by Director Mansharamani the following action was voted on:
VOTED: To approve of a resolution authorizing up to $112,000,000, in tax-exempt revenue bonds for Elliot Hospital Issue, Series 2026.
The following named Directors voted:
Aye: Vikram Mansharamani, Todd Horner, Cheryl Coletti-Lawson, Monica Mezzapelle, Bruce Burns, Stacey Donlon.
Nay: None
Abstain: Dick Anagnost
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 the Lending Reports.
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report.
At 2:26 p.m., there being no further business upon motion made by Director Mansharamani and seconded by Director Burns the meeting was adjourned.
Respectfully submitted:
James Key Wallace, Clerk