Agenda
The regular meeting of the Board of Directors is scheduled for Monday, November 16, 2020 at 2:00 p.m., 2 Pillsbury Street, Suite 201, Concord, New Hampshire.
- Introduction of Board Members.
- Approval of Minutes for the Board Meeting of October 19, 2020.
- To consider providing preliminary official intent, with no reservation, to issue a tax-exempt revenue bond for HealthyID, LLC.
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- Note: The project is located in Laconia and the amount of issue is up to $5,000,000.
- Month End Financial Reports.
- Lending Reports for September
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- CAP Monthly Loan Report
- CAP Statistics/Demographics
- Capacity Report
- CAP Quarterly 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 2:23 p.m. at 2 Pillsbury Street, Suite 201, Concord, New Hampshire. The following Directors were present: Dick Anagnost, Jeffrey Hayes, Stephen Duprey, Catherine Provencher, Daniel Henderson and Nancy Merrill. Also present were: Senator Jeanne Dietsch, Senator Bob Giuda, 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; and Tony Martini, Hinckley Allen & Snyder. Absent were: Representative Kermit Williams, and Representative Laurie Sanborn, Charles Withee, Monica Mezzapelle, and Matthew Benson.
Chairman Anagnost announced the meeting was open to the public and welcomed all present.
The Chairman asked for approval of the minutes for October 19, 2020 Board Meeting.
Upon motion made by Director Duprey and seconded by Director Henderson, the following action was approved:
VOTED: To accept the minutes of the October 19, 2020 Board Meeting.
The following named directors voted:
Aye: Dick Anagnost, Daniel Henderson, Catherine Provencher, Stephen Duprey, Jeffrey Hayes, and Nancy Merrill.
Nay: None. Abstain: None.
Whereupon the Chairman declared said resolution adopted.
The Chairman asked the Board to consider providing preliminary official intent, with no reservations, to issue a tax-exempt revenue bond in an amount up to $5,000,000 for HealthyID, LLC.
Upon motion made by Director Duprey and seconded by Director Hayes, the following action was voted on:
VOTED: To approve the request of preliminary official intent, with no reservation, to issue tax-exempt revenue bond in an amount up to $5,000,000 for HealthyID, LLC.
The following named directors voted:
Aye: Dick Anagnost, Daniel Henderson, Catherine Provencher, Stephen Duprey, Jeffrey Hayes, and Nancy Merrill.
Nay: None. Abstain: None.
Where upon 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 Henderson and seconded by Director Withee, the meeting was adjourned at 2:49 p.m.
Respectfully submitted:
James Key-Wallace
Clerk