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

Friday, December 18, 2015
9:00-11:00 a.m.


Letter to the Board of Directors

Agenda (Revised)

Resolutions (Revised)

PowerPoint




1. Call to order

2. Public Comments – 5 minutes

3. Consent Agenda* – 5 minutes

    a. Approval of Meeting Minutes for October 16, 2015*

        • Meeting Minutes for October 16, 2015

    b. Approval of Board of Directors, ACG Committee, B&O Committee, and Deployment Committee Regular Meeting Schedules for 2016*

        • Board of Directors Regular Meeting Schedule for 2016
        • ACG Committee Regular Meeting Schedule for 2016
        • B&O Committee Regular Meeting Schedule for 2016
        • Deployment Committee Regular Meeting Schedule for 2016

    c.  Employee Handbook*

        • Governance Memo (November 23, 2015)
        • Draft Employee Handbook


    d. Transactions - Under $300,000 and No More in Aggregate than $1,000,000
     
        • Under $300,000 and No More in Aggregate than $1,000,000 - Memo (December 11, 2015)


         
4. President's Update – 5 minutes

        Making it Count Report by the SEEAction Network
        • Green Investment Banks Report by OECD and Bloomberg
        • Energy Investment Partnerships Report by DOE
        

 5. Commercial and Industrial Sector Program Update and Recommendations* - 20 minutes

    a. C-PACE Transactions - Extension of Approval Dates*

        • C-PACE Transaction Extension of Approval Dates - Memo (December 16, 2015)


    b. C-PACE Approval Process – Review



    c. Energy Services Agreement – Strategic Investment*

      i.  Bridgeport International Academy

                


6.  Residential Sector Programs Updates and Recommendations*  - 10 minutes

    a.  MacArthur Foundation Program Related Investment - Guaranty and Program Agreement with Housing Development Fund*

         • MacArthur Foundation PRI and HDF Guaranty - Memo (December 11, 2015)
          Memo - Private Foundations Program Related Investment (January 16, 2015)
         • Memo - Exhibit A
         • Memo - Exhibit B
         • Memo - Exhibit C

     
7.  Audit, Compliance and Governance Committee Update and Recommendations – 45 minutes

    a. FY 2015 Comprehensive Annual Financial Report*

        Comprehensive Annual Financial Report – Cover Letter (December, 11, 2015)
        • Comprehensive Annual Financial Report – Financial Statistics
        • Comprehensive Annual Financial Report – Non-Financial Statistics

     b.. 2016 Legislative Agenda

        • Legislative Priorities Memo (December 4, 2015)
        • Governor Malloy Letter to Secretary Castro (November 5, 2015)


8. Other Business – 30 minutes

    a. Offsite Strategic Retreat

        
    b. Public Policies

      i. Public Act 15-107 and Public Act 15-5 – Utility 2.0 Procurement and Pilot

        • Public Act 15-107 – click here (Procurement) 
        • Connecticut Green Bank Comments (September 30, 2015)
        • Public Act 15-5 – click here (Pilot)

      ii. Public Act 15-133 – Shared Clean Energy Facilities

        • Public Act 15-113 – click here
        • Connecticut Green Bank Comments (October 29, 2015)

         
    c. Executive Session


9. Adjourn


*Denotes item requiring Board action

Join the meeting online at https://www4.gotomeeting.com/join/634439599

Or call in using your telephone:
Dial (619) 550-0003
Access Code: 634-439-599

Next Regular Meeting: Friday, January 15, 2016 from 9:00-11:00 a.m.
Connecticut Green Bank, 845 Brook Street, Rocky Hill, CT