HomeMy WebLinkAboutLansing Economic Development Corporation Board Meeting Minutes 09.06.24The Lansing EDC’s Mission is to improve the Lansing community by fostering
economic growth that is strategic, sustainable and equitable.
Board of Directors Meeting
Friday, September 06, 2024 – 8:30 AM
Lansing EDC Office - 401 S. Washington Sq. Suite 101, Lansing, MI 48933
MINUTES
Members Present: Chair - Shelley Davis Boyd, Treasurer - Catherine
Rathbun, Secretary - Dr. Alane Laws-Barker, Jordan
Sutton, Sandra Lupien, Rawley Van Fossen
Members Absent: Chaz Carrillo, Vice Chair – Calvin Jones
Staff Present: Karl Dorshimer, Kris Klein, Aurelius Christian, Alex
Watkins, Kahleea Washington and Chelsea Dowler
Guests: Diana Bartlett, Roxy Eaton, DeShon Leek
1) Call to Order/Roll Call
Chair Davis Boyd called the Lansing Economic Development Corporation meeting to
order at 8:30 a.m.
2) Approval of LEDC Board Meeting Minutes – Friday, August 02, 2024 (ACTION)
MOTION: Member Rathbun moved to approve the LEDC meeting minutes from the
Friday, August 02, 2024, Board of Directors meeting, as presented. Motion
seconded by member Van Fossen.
YEAS: Unanimous, motion carried.
3) Financial Update
Klein discussed the upcoming audit.
4) Barber Styling College LEDC Micro-Loan Request (ACTION)
LEDC Board of Directors Meeting: Friday, September 06, 2024 Meeting Minutes Page 2 of 3
Watkins discussed Barber Styling College, the need for the micro-loan, and the loan
terms. Currently, Barber Styling College serves approximately 50 students at the current
location, once the build-out is complete at the new location, the college can
accommodate 75 students.
MOTION: Member Laws-Barker moved to approve the LEDC Micro-Loan for Barber
Styling College, Inc. as presented. Motion seconded by Member Rathbun.
YEAS: Unanimous, motion carried.
6) Mossman LEDC Micro-Loan Request (ACTION)
Watkins discussed Mossman, the need for the micro-loan, and the loan terms. Business
wants to expand offerings and services.
MOTION: Member Van Fossen moved to approve the LEDC Micro-Loan for Mossman,
Inc. as presented. Motion seconded by Member Rathbun.
YEAS: Unanimous, motion carried.
7) Corridor Updates
Washington provided an update on the Lansing Gateway CIA Tax Development and
Finance Plan. She reported the Lansing Placemaking Sign unveiling will take place on
September 23rd.
8) LEED Initiative Update
Christian provided an update on the second cohort of the Empower Program.
Reported that a second cohort of the Developer Diversification Program can support
up to 25 emerging developers. Reported that 55 businesses applied for the Enhance
Grant.
9) Project Updates
Klein reported that Stadium North Lofts and Senior Lofts grand opening will be on
September 18th and provided a brief overview of the development.
10) Operations Update
Dorshimer reported the employment search continues for an Economic
Development Finance Specialist. Christian provided an update on the EDC website
RFP.
11) Open Forum for LEDC Board Members
Boyd announced the entrepreneurial awards event. Dorshimer discussed the
Downtown Lansing Inc. Big Red Ball event.
LEDC Board of Directors Meeting: Friday, September 06, 2024 Meeting Minutes Page 3 of 3
12) Other Business
None.
13) Public Comment
Neogen expansion project. Representative DeShon Leek of the Michigan Building
and Construction Trade Council reported that the building trades are in support of
the Neogen expansion project.
Diana Bartlett from Ingham County reported that the Housing Trust Fund is working
to invest resources in land bank projects, and emerging developers, and received a
grant from MSHDA to bring Roxy Eaton on board. Roxy Eaton introduced herself.
14) Adjournment
Chair Davis Boyd called the Lansing Economic Development Corporation meeting to
adjournment at 9:03 a.m.
________________________________________________________
Karl Dorshimer, President, and CEO
Lansing Economic Development Corporation (LEDC)