Minutes of the Special Meeting of NMSBIC, January 11, 2024
A meeting of the New Mexico Small Business Investment Corporation was called to order on this date at 9:00 a.m. with all participants attending via Zoom. A quorum was established.
Members Present:
Ms. Anne Beckett, Vice Chair
Mr. Robert Valdiviez, Secretary/Treasurer
Mr. John Kreienkamp, designee of Hon. Laura M. Montoya, NM State Treasurer
Ms. Kristina Alley
Ms. Sayuri Yamada
Members Excused:
Mr. Joshua Smith, Chair
Mr. Steven E. Morgan
Executive Director/Financial Adviser to Board: Mr. Russell Cummins
Board Legal Counsel: Mr. Randall McDonald
Recording Secretary: Ms. Charmaine Clair
Guests Present: None
REVIEW AND ACCEPTANCE OF AGENDA
Mr. Cummins recommended the removal of the Resolution of Appreciation for Steve Morgan, as his End of Service Letter has not yet been received.
Ms. Yamada moved approval of the agenda, as amended. Mr. Kreienkamp seconded the motion, which passed unanimously by roll call vote.
BOARD MINUTES FOR JANUARY 4, 2024
Mr. Valdiviez moved approval of the Board Minutes for January 4, 2024, as presented. Ms. Yamada seconded the motion, which passed unanimously by roll call vote.
Mr. Cummins said he will start the process for preparing new signature cards with the approval of the January 4, 2024, minutes and will follow up with signatories on the next steps. Mr. Morgan will continue to be authorized until the new cards are updated, as long as he is on the board.
Mr. Kreienkamp moved to adjourn. Ms. Yamada seconded the motion, which passed unanimously by roll call vote.