BUSINESS FINANCE AUTHORITY NOTICE AND AGENDA
The regular meeting of the Board of Directors is scheduled for
Monday, March 20, 2023, at 2:00PM, 135 N. State St, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Board of Director Minutes for the Meeting of February 13, 2023.
- 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 February 2023
- Lending Reports – Jeremy Stanizzi.
- CAP Monthly – February 2023
- CAP Statistics/Demographics – February 2023
- Capacity Report – February 2023
- Executive Director’s Report.
- Other Business.
BFA BOARD OF DIRECTOR’S MINUTES
The meeting of the Board of Directors of the Business Finance Authority (“BFA”) was called to order at 2:07 P.M. at 135 N. State Street, Concord, New Hampshire. The following Directors were present:
Dick Anagnost, Matthew Benson, Stephen Duprey, Monica Mezzapelle, Nancy Merrill, Catherine Provencher, Jeffrey Hayes, and Charles Withee. 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 Stoker, National Finance Authority; Kris Moussette, Hinkley Allen; Antonio Martini, Hinkley Allen; Representative Edgar. Absent were: Director Daniel Henderson, Director Jason Syversen and Representative Sanborn.
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the public Board of Directors minutes for the February 13, 2023.
Upon motion made by Director Provencher and seconded by Director Withee the following action was voted on:
VOTED: To accept the minutes as presented of February 13, 2023, Board Meeting.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Stephen Duprey, Nancy Merrill, Catherine Provencher, Charles Withee, and Jeff Hayes
Nay: None.
Abstain: Monica Mezzapelle
Whereupon the Chairman declared said resolution adopted.
The Chairman asked for a vote to ratify the resolution of March 20, 2023 to approve the $2MM ALDO loan under SSBCI 2.0 to CRDC.
Upon a motion made by Director Provencher and seconded by Director Withee.
VOTED: To ratify the resolution of March 20, 2023, to approve the $2MM ALDO loan under SSBCI 2.0 to CRDC.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Stephen Duprey, Nancy Merrill, Catherine Provencher, Charles Withee, and Jeff Hayes, and Monica Mezzapelle
Nay: None.
Abstain: None
Whereupon the Chairman declared said resolution adopted.
The Chairman asked for a vote to seal the nonpublic Board of Directors minutes of March 20, 2023.
Upon a motion made by Director Provencher and seconded by Director Withee.
VOTED: To ratify seal the nonpublic minutes of the Board of Directors Meeting of March 20, 2023.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Stephen Duprey, Nancy Merrill, Catherine Provencher, Charles Withee, Jeff Hayes, and Monica Mezzapelle
Nay: None.
Abstain: None
Whereupon the Chairman declared said resolution adopted
The Chairman asked Mr. Kreidermacher to review the month end Financial Reports for February.
The Chairman asked Mr. Stanizzi to review the Lending Reports for February
The Chairman asked Mr. Key-Wallace to present the Executive Director’s Report for February.
There being no further business, the Chairman asked for a vote to adjourn.
Upon motion made by Director Duprey and seconded by Director Provencher the meeting was adjourned at 2:51 p.m.
The following named Directors voted:
Aye: Dick Anagnost, Matthew Benson, Stephen Duprey, Nancy Merrill, Catherine Provencher, Charles Withee, and Jeff Hayes, and Monica Mezzapelle.
Nay: None.
Abstain: None
Respectfully submitted:
James Key-Wallace
Clerk