Agenda
The regular meeting of the Board of Directors is scheduled for Monday, March 15, 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 February 22, 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 2:13 p.m. at 2 Pillsbury Street, Suite 201, Concord, New Hampshire. The following Directors were present: Dick Anagnost, Jeffrey Hayes, Monica Mezzapelle, Stephen Duprey, Matthew Benson, Jason Syversen, Nancy Merrill, Representative Laurie Sanborn, and Senator Gary Daniels. 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 and Kris Moussette, Hinckley Allen & Snyder. Absent were: Director Charles Withee, Director Catherine Provencher, Director Daniel Henderson, and Senator Bob Giuda.
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 Line of Credit increase to the Wentworth Economic Development Corporation for Aid to Local Development (ALDO) in the amount of $100,000.
Upon motion made by Director Benson and seconded by Director Hayes, the following action was voted on:
VOTED: To approve the Resolution for a Line of Credit increase to the Wentworth Economic Development Corporation for Aid to Local Development (ALDO) in the amount of $100,000.
The following named directors voted:
- Aye: Dick Anagnost, Jason Syversen, Monica Mezzapelle, Matthew Benson, Jeffrey Hayes, Nancy Merrill, and Stephen Duprey.
- Nay: None.
- Abstain: None.
Where upon the Chairman declared said resolution adopted.
The Chairman asked for approval of the minutes for February 22, 2021 Board Meeting.
Upon motion made by Director Duprey and seconded by Director Hayes, the following action was approved:
VOTED: To accept the minutes of the February 22, 2021 Board Meeting.
The following named directors voted:
- Aye: Dick Anagnost, Monica Mezzapelle, Nancy Merrill, Stephen Duprey, Matthew Benson, and Jeffrey Hayes.
- Nay: None.
- Abstain: Jason Syversen.
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 Hayes, the meeting was adjourned at 2:37 p.m.
Respectfully submitted:
James Key-Wallace
Clerk