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HomeMy WebLinkAboutTax Increment Finance Authority Meeting Minutes 10.25.24Lansing Tax Increment Finance Authority (TIFA) Board of Directors Meeting Friday, October 25, 2024 – 8:30 AM Lansing EDC Office - 401 S. Washington Sq. Suite 101, Lansing, MI 48933 MINUTES Members Present: Chair - Shelley Davis Boyd, Vice-Chair - Calvin Jones, Treasurer - Catherine Rathbun, Secretary - Dr. Alane Laws-Barker, Johnathan Smith, Rawley Van Fossen Members Absent: Chaz Carrillo, Sandra Lupien, Jordan Sutton Staff Present: Karl Dorshimer, Kris Klein, Aurelius Christian, Brandy Standler, Alex Watkins, and Chelsea Dowler Guests: Scott Bean Call to Order Chair Davis Boyd called the Lansing Tax Increment Finance Authority meeting to order at 9:42 a.m. Approval of TIFA Board Meeting Minutes – Friday, September 06, 2024 (ACTION) MOTION: Member Rathbun moved to approve the TIFA meeting minutes from the Friday, September 06, 2024, Board of Directors meeting, as presented. Motion supported by Member Van Fossen. YEAS: Unanimous, motion carried. Approval of TIFA Informational Meeting 2024-#2 Minutes – Friday, September 06, 2024 MOTION: Member Jones moved to approve the TIFA Informational Meeting 2024-#2 from the Friday, September 06, 2024 (ACTION), Board of Directors meeting, as presented. Motion seconded by Member Rathbun. YEAS: Unanimous, motion carried. TIFA Legislative Update Dorshimer reported that language was introduced at the state Capitol and Senators Anthony and Singh are supporting legislation (Bill 1043) to amend the TIFA Act to allow more flexibility and additional revenue to the Lansing TIFA. Open Forum for TIFA Board Members None. Other Business Dr. Laws-Barker is hosting a Youth Entrepreneurial Expo November 20th at MSU. Public Comment None. Adjournment Chair Davis Boyd called the Lansing Tax Increment Finance Authority meeting to adjournment at 9:49 a.m. ________________________________________________________ Karl Dorshimer, President and CEO Lansing Economic Development Corporation (LEDC)