Meetings / Aug 13, 2025 / Item 6

Item 6

approved contract

Aug 13, 2025

Description

Authorize to hold a public hearing and passage of the resolution under RSA 162-A:18 approving the execution of the standard contract entitled “Capital Access Program: Lender Participation Agreement” of The Business Finance Authority of the State of New Hampshire with Newburyport Bank to determine that the contract will serve a public use, provide public benefit, and the proposed participating bank is qualified to participate. Appropriate measures have been taken to ensure CAP loans will be made under the requirements of the Act, the contract complies with RSA 162-A:12, and reasonable precautions have been made to minimize loss, all within the policy and authority of the Act.

Vote Record approved
Motion by Stevens, seconded by Kenney
Joseph Kenney (R) yes
Karen Liot Hill (D) yes
Janet Stevens (R) yes
John Stephen (R) yes
Dave Wheeler (R) yes

Documents (1)

Item_6.pdf Open in new tab →
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