Appendix D RALF Semiannual Performance Report.doc

Commonwealth of Massachusetts

Division of Marine Fisheries

Commercial Fisheries Revolving Ace Leasing Fund Semi-annual Performance Report

Part 1: Contract Information

Name of Contracted Sector:

Performance Period:

(May 1 – Oct.31 for reports due Nov. 15;

Nov. 1 – Apr.30 for reports due May 15)

E-mail:

Phone:

Part 2. Grant Status

A. RALF Funding

Lending:

Administration:

B. RALF Income (for current reporting period only)

Interest Earned:

Fees Earned:

Total Income:

Amount of Total Income Used to Cover Administration Costs:

Amount of Total Income Used to Add to RALF Capital Base:

Part 3. Portfolio Status

A. Status of ACE Leased (for current reporting period)

Total Stocks Purchased:

See part B for further details Total in lbs.

Total Sector Members Pre-Approved for Participation:

Current RALF Balance Available:

Current Sector Members Leasing ACE:

Delinquent (<90 days) Active Leased ACE:

In Default (>90 days) Active Leased ACE:

Total Written Off:

Total Leased ACE Paid Off:

B. Detailed ACE Purchased List

Provide the following information for each stock purchased by the sector using RALF Funds:

1. Date of purchase

2. Type of stock purchased

3. Amount purchased in lbs. for each stock

4. Amount purchased in dollars for each stock

C. Detailed Active ACE Leasing List

Provide the following information for each sector member actively participating in the RALF:

Please provide the following information on the borrower:

1. Name

2. Address and homeport

3. Federal Limited Access Multispecies permit no.

4. Vessel ID and name

5. Sector name

1. Amount of all stocks leased

i. poundage

ii. dollar value

1. Date of ACE leased

2. Payment schedule

3. Fees charged

4. Other terms and conditions

D. Detailed Paid Off Leased ACE List

Provide the following information for each sector member that repaid leased ACE in full during the performance period:

Please provide the following information on the borrower:

1. Name

2. Address and homeport

3. Federal Limited Access Multispecies permit no.

4. Vessel ID and name

5. Sector name

1. Amount of all stocks leased

i. poundage

ii. dollar value

For the performance period indicate the effect of the leased ACE on:

1. # of jobs created (e.g., crew)

2. # of jobs saved

3. Any other socio-economic impacts of note

Part 4. Administration

List names and positions of any key staff turnover:

Enter ending date of the most recent independent audit covering the RALF grant recipient and indicate type of audit (i.e., “single” or “program-specific”) c:

cAttach or provide website link to the audit referenced above if it was not previously submitted to MA DMF.

Part 5. RALF Program Impacts

Provide an evaluation of the impact of the RALF program, including:

(1) The degree to which the operation of the RALF achieved the purposes and objectives of the RALF;

(2) Issues, concerns, or problems related to the operation of the RALF; and

(3) Suggestions/recommendations to improve the operation of the RALF to more fully achieve the purposes and objectives.

Part 6: Certification

I hereby certify on this ___ day of ________________ 20____ that the information provided in this Semi-annual Report is true and correct to the best of my knowledge.

Signature of Authorized Individual:

Date:

Name of Authorized Individual:

Title of Authorized Individual:

Effective July 2016