BUSINESS FINANCE AUTHORITY
NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for
Monday, July 18, 2022, at 2:00PM., 135 N. State St, Concord, New Hampshire.
1. Introduction of Board Members.
2. Approval of Minutes for the Board Meeting of May 16, 2022.
3. Approval of items from Credit Committee, as applicable.
4. Financial Reports– Chris Kreidermacher.
a. Month End May & June 2022
b. Financial Graphs
c. FY 23 Operating Budget Review
5. Lending Reports – Jeremy Stanizzi.
a. Capacity Report – June 2022
b. CAP Statistics & Demographics Report – June 2022
c. CAP Monthly Report – May 2022
d. CAP Monthly Report – June 2022
6. Executive Director’s Report.
7. Nonpublic Session.
8. Other Business.
Dated and mailed: July 12, 2022
BFA BOARD OF DIRECTOR’S MINUTES – July 18, 2022
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, Nancy Merrill, Catherine Provencher and Charles Withee. Also present were: Senator Gary Daniels, Senator Bob Giuda, Representative Michael Edgar, Representative Laurie Sanborn, James Key-Wallace, Executive Director, and Clerk; Chris Kreidermacher, Chief Financial Officer; Jeremy Stanizzi, Senior Credit Officer, Deb Intonti, Executive Assistant, and Lee McCormick, National Finance Authority. Absent were: Director Stephen Duprey, Director Jeffrey Hayes, Director Monica Mezzapelle, Director Jason Syversen, and Jeff Cook, Credit Analyst.
The Chairman announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the minutes for May 16, 2022, Board Meeting.
Upon motion made by Director Merrill and seconded by Director Withee, the following action was voted on:
VOTED: To accept the minutes of the May 16, 2022, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Nancy Merrill, Catherine Provencher, Charles Withee.
Nay: None.
Abstain: None.
Whereupon the Chairman declared said resolution adopted.
The Chairman asked Mr. Kreidermacher to review the month end Financial Reports.
The Chairman asked the Board for approval of proposed Fiscal Year 2023 Budget.
Upon motion made by Director Provencher and seconded by Director Henderson, the following action was voted on:
VOTED: To accept the proposed Fiscal Year 2023 Budget as presented.
The following named directors voted:
Aye: Dick Anagnost, Matthew Benson, Daniel Henderson, Nancy Merrill, Catherine Provencher, Charles Withee.
Nay: None.
Abstain: None.
Whereupon the Chairman declared the said resolution adopted.
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 Henderson, the meeting was adjourned at 3:03 p.m.
Respectfully submitted:
James Key-Wallace
Clerk