Board of Directors of the
Connecticut Green Bank
845 Brook Street
Rocky Hill, CT 06067

Friday, June 19, 2015
8:30-11:00 a.m.


Letter to the Board of Directors

Agenda

Resolutions

PowerPoint





1. Call to order

2. Public Comments – 5 minutes

3. Consent Agenda* – 5 minutes

    a. Approval of Meeting Minutes for April 17, 2015*

        •  Meeting Minutes of April 17, 2015*

    b. Revisions to Banking Signatories*

        • Revisions to Banking Signatories (Memo of June 12, 2015) 

    c. Revisions to Internal Accounting Control Procedures*

        • Revisions to Internal Accounting Control Procedures (Memo of June 12, 2015) 
        • 5 Policy Redlines
            • CGB 101 - Purchasing and Accounts Payable Draft
            • CGB 102 - Consulting and Advisory Service Draft
            • CGB 103 - Company Credit Card Policy Draft
            • CGB 104 - Mobile Communications Policy Draft
            • CGB 104a - Mobile Communications Reimbursement Form Draft



    d.  Projects Under $300,000 and No More in Aggregate than $1,000,000 (Update)

         
        •  Under $300,000 and No More in Aggregate than $1,000,000 (Memo of June 12, 2015)


4. Update from the President – 5 minutes

        •  2015 Regular Legislative Session (Memo of June 12, 2015)

5. Commercial and Industrial Sector Program Updates and Recommendations* – 30 minutes

    a. C-PACE Transactions*

      i. Bridgeport – C-PACE Transaction #1*

        •  Project Qualification Memo
         

      ii.Stratford – C-PACE Transaction #2*

        •  Project Qualification Memo
         

     iii.Bristol – C-PACE Transaction #1*

        •  Project Qualification Memo
         

    iv. Bristol – C-PACE Transaction #2*

        •  Project Qualification Memo
         

    v. Stamford – C-PACE Transaction*

        •  Project Qualification Memo
         

    vi. Windsor Locks – C-PACE Transaction*

        •  Project Qualification Memo
         

    b. C-PACE Sell Down to Clean Fund – Tranche 2*

        •  C-PACE Sell Down to Clean Fund (Memo of June 12, 2015)

    c. C-PACE Selection of Private Capital Warehouse Provider

        •  C-PACE Selection of Private Capital Warehouse Provider (Memo of June 12, 2015)

6. Statutory and Infrastructure Sector Program Updates and Recommendations* – 15 minutes

    a. Milford – Anaerobic Digestion Transaction*

        •  Project Qualification Memo (June 12, 2015)

7. Residential Sector Program Updates and Recommendations* – 15 minutes
 
    a. Low to Moderate Income Single Family Lease Product*

        •  Low to Moderate Income Single Family Lease Product Memo (June 12, 2015)

    b. Multifamily Pre-Development Energy Loan*

        •  Multifamily Pre-Development Energy Loan (June 12, 2015)

8. Budget and Operations Committee Updates and Recommendations** – 60 minutes

    a. FY 2016 Comprehensive Plan Targets**

        •  FY 2016 Comprehensive Plan Targets

    b. FY 2016 Budget**

        •  FY 2016 Budget Memo
        •  FY 2016 Budget – Primary Schedule
        •  FY 2016 Budget – Supplementary Schedule
        •  Green Connecticut Loan Guaranty Program and Renewable Energy and Energy Efficient Finance Program (Memo of June 12, 2015)
        •  Attachment – Green Connecticut Loan Guaranty Fund
        •  Attachment – Renewable Energy and Efficient Energy Finance Account

9. Executive Session – 15 minutes

10. Other Business – 5 minutes

    a. Succession Plan (Update)

        •  Succession Plan

    b. Multifamily and Affordable Housing Lean (Update)

        •  Multifamily and Affordable Housing Lean Update (Memo of June 12, 2015)

    c. Colebrook – Wind (Update)

        •  Colebrook – Wind Update (Memo of June 12, 2015)

   

11. Adjourn

*Denotes item requiring Committee action
** Denotes item requiring Committee action and recommendation to the Board for approval

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