Meetings / Nov 18, 2020 / Item 7

Item 7

approved

Nov 18, 2020

Description

Authorize to hold a Public Hearing with respect to the Resolution entitled “A Resolution under RSA 162-I:9 with respect to the financing of an up to $21,100,000 loan for a commercial facility by the Business Finance Authority for Sig Sauer Inc. in Rochester and the award of an Unconditional State Guarantee of up to $19,000,000 principal amount Revenue Bond. The action will authorize a Resolution under RSA 192-I:9 to determine that the project financed will be within the definition of the commercial facility, and will create or preserve employment opportunities directly or indirectly within the state.

Amount
$21.1M
$21,100,000, $19,000,000
Vote Record approved
Motion by Volinsky, seconded by Prescott
Michael Cryans (D) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Ted Gatsas (R) yes
Debora Pignatelli (D) yes

Documents (1)

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