Agenda
The regular meeting of the Board of Directors is scheduled for Monday, September 21, 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 August 17, 2020
- Month End Financial Reports
- Lending Reports for July
- CAP Monthly Loan Report
- CAP Statistics/Demographics
- Capacity Report
- CAP Quarterly Report
- Lending Reports for August
- 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 2:28 p.m. at 2 Pillsbury Street, Suite 201, Concord, New Hampshire. The following Directors were present: Dick Anagnost, Charles Withee, Monica Mezzapelle, Stephen Duprey, Matthew Benson, Catherine Provencher, Daniel Henderson and Nancy Merrill. Also present were: Senator Jeanne Dietsch, James Key-Wallace, Executive Director and Clerk; Chris Kreidermacher, Chief Financial Officer; Jeremy Stanizzi, Senior Credit Officer; Meagen Kerris, Administrative Assistant; John Stoecker, National Finance Authority; and Kris Moussette, Hinckley Allen & Snyder. Absent were: Senator Bob Giuda, Representative Kermit Williams, Representative Laurie Sanborn, and Director Jeffrey Hayes.
Chairman Anagnost 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 to the Belknap Economic Development Council for Aid to Local Development (ALDO) in the amount of $250,000.00.
Upon motion made by Director Withee and seconded by Director Henderson, the following action was voted on:
VOTED: To approve the Resolution for a Line of Credit to the Belknap Economic Development Council for Aid to Local Development (ALDO) in the amount of $250,000.00.
The following named directors voted:
Aye: Dick Anagnost, Monica Mezzapelle, Charles Withee, Stephen Duprey, Matthew Benson, Daniel Henderson, and Nancy Merrill.
Nay: None. Abstain: Charles Withee.
Where upon the Chairman declared said resolution adopted.
Director Catherine Provencher and Senator Jeanne Dietsch entered the meeting at 2:30 p.m.
The Chairman asked for approval of the minutes for August 17, 2020 Board Meeting.
Upon motion made by Director Henderson and seconded by Director Withee, the following action was approved:
VOTED: To accept the minutes of the August 17, 2020 Board Meeting.
The following named directors voted:
Aye: Dick Anagnost, Monica Mezzapelle, Charles Withee, Daniel Henderson, Catherine Provencher, Stephen Duprey, Matthew Benson, and Nancy Merrill.
Nay: None. Abstain: None.
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 Withee and seconded by Director Benson, the meeting was adjourned at
Respectfully submitted:
James Key-Wallace
Clerk