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January 13, 2026

January 13, 2026

Michigan Municipal Bond Authority Michigan Finance Authority

January 13, 2026

Board Meeting Minutes

A meeting of the Michigan Finance Authority (“MFA” or the “Authority”) was held on January 13, 2026, at 10:15 a.m. in the Richard H. Austin Building, First Floor, Vault Conference Room.

  1. Members Present
    1. Kevin Smith, Chair
    2. Bill Beekman
    3. Lauren Bigelow
    4. Timothy Hoffman
  2. Members Absent
    1. Murray D. Wikol
    2. Wafa Dinaro
    3. Drew Smith
  3. Call to Order/Roll Call
    1. Kevin Smith, Chair, called the meeting of the Michigan Finance Authority to order at 10:17 a.m. with Kevin Smith, Bill Beekman, Lauren Bigelow, and Timothy Hoffman in attendance. Kevin Smith noted that a quorum was present.
  4. Public Comment
    1. Kevin Smith asked if there were any members of the audience who would like to speak. There were none.
  5. Approval of Minutes
    1. Kevin Smith asked if there were any corrections, comments, or additions to the minutes as presented dated December 9, 2025. A motion was made by Lauren Bigelow and supported by Bill Beekman to approve the minutes. A roll call vote was taken and the following members voted affirmatively: Kevin Smith, Bill Beekman, Lauren Bigelow, and Timothy Hoffman. The minutes were approved.
  6. Resolution 2026-01
    1. Resolution to Authorize the Issuance of Michigan Finance Authority Hospital Revenue Refunding Bonds (Bronson Healthcare Group, Inc.) Series 2026
      1. Graham Davidson, Bureau of State and Authority Finance, discussed the project and the financing.
      2. James Falahee, Jr., Bronson Healthcare, further discussed the project and the financing.
      3. Steve Frank, Miller, Canfield, Paddock & Stone, P.L.C., presented the authorizing resolution.
      4. Mike Fobbe, Attorney General’s Office, confirmed that the documents before the Board are in proper form and the resolution is ready for the Board’s consideration.
      5. Timothy Hoffman made a motion to approve the resolution supported by Lauren Bigelow. A roll call vote was taken and the following members voted affirmatively: Kevin Smith, Bill Beekman, Lauren Bigelow, and Timothy Hoffman. The resolution was approved.
  7. Next Meeting
    1. The next scheduled meeting date is February 10, 2026, at 10:15 a.m.
  8. Adjournment
    1. Bill Beekman made a motion for adjournment supported by Timothy Hoffman. The meeting was adjourned at 10:35 a.m.