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During this period Mr. Cannon served as the lead consultant for the City of Lebanon, New
Hampshire in evaluating the economic, fiscal, and environmental Impacts of the
$250,000,000 Dartmouth — Hitchcock Medical Center.
Mr. Gannon joined the Capital Regional Development Council (CRDC) as its Executive
Director in 1991. Prior to his retirement in September 2007 he managed the depoyment
of over $150,000,000 in capital, including loans to over 200 small businesses and real
estaie development/redevelapment projects. Mr. Cannon spurred CRDC to invest in
several major projects, including:
° The Concord Airport Business Park, including the development and sale of over
30 commercialfindustrial lots and the construction of four build-to-lease buildings;
@ The $40,000,000 Brownfields redevelopment of the former Concord Lumber
Property fo the Corporate Center at Horseshoa Pond; and
@ The Plymouth Community Health Center, a non-profit medical canter financed in
large part by use of New Markets Tax Credits.
The two latter projects were each awarded “Project of the Year" status by the
Commissioner of Resources and Economic Development.
Led by Mr. Cannon, CRDC provided outreach consulting services in support of economic
I development. For example Mr. Cannon assisted several municipalities — including
Plymouth, Claremont, and Concord in establishing Tax Increment Financing Districts in
support of downtown revitalization.
During Mr. Cannon's tenure CRDC's financing and land development activities ied to the
creation and/or retention of over 10,000 jobs. While at CRDC Mr. Cannon was
responsible for obtaining over $10,000,000 in State and Federal grant (EDA, CDBG) and
tax credit (CDFA, NMTC) funds for CRDC and municipalities, In 2001 CRDC was named
iNew Hampshire's most successful regional economic development entity by Community
Development Digest.
Upon his retirement from CRDG Mr. Cannon received a special commendation from
Governor John Lynch. I
Now retired on a parttime basis, Mr. Cannon is providing project-specific consulting
opporiunities to a small group of clients where his 40+ years of experience can be
helpful in moving development projects and programs to successtul implementation.
Mr. Cannon’s areas of expertise include:
« Assembling complex financing projects utilizing multiple incentives and non —
conventional sources of funds (NMTC's, SFA, CDFA/CDIP, CDBG, EDA, etc.).
® Granismanship and grant management.
° Tax Increment Financing Plans.
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