HomeMy WebLinkAboutLansing Economic Development Corporation Minutes 12.06.24 Lansing Economic
Development Corporation
Board of Directors Meeting
Friday, December 06, 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,
Secretary - Dr. Alane Laws-Barker, Treasurer- Catherine
Rathbun, Chaz Carrillo, Johnathan Smith, Jordan Sutton,
Rawley Van Fossen
Members Absent: Sandra Lupien
Staff Present: Karl Dorshimer, Kris Klein, Brandy Standler, Alex Watkins,
Chelsea Dowler, Kahleea Washington, and Shay Manawar
Guests: Eric Helzer, Advanced Redevelopment Solutions
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, November 15, 2024 (ACTION)
MOTION: Member Jones moved to approve the LEDC meeting minutes from the
Friday, November 15, 2024, Board of Directors meeting, as presented. Motion
seconded by member Van Fossen.
YEAS: Unanimous, motion carried.
3) Financial Update
Standler informed the board that she is currently working with vendors on the 2024
Audit. Micro-loan recipient Osteria Vegana has filed for bankruptcy. Over $17,000 will
be recorded as a loss. Otherwise, financials are on par for the current fiscal year.
The Lansing EDC's Mission is to improve the Lansing community by fostering
economic growth that is strategic, sustainable and equitable.
LEDC Board of Directors Meeting: Friday, December 06, 2024 Meeting Minutes Page 2 of 3
4) Corridor Updates
Washington updated the board concerning CIA's. She provided a year-end overview of
the activities done/in progress.
5) LEED Initiative Update
Watkins informed the board that the second cohort of the Empower Program has
completed the program. Graduation will be at The View in early 202S. Enhance Grant
program had 97 applicants. The committee will meet next week. Awards will likely be
processed in early 202S. The Developer Diversification Program is preparing for
launch.
6) Project Updates - SSRP Plant 6 Redevelopment
Klein briefed attendees that agreements with NorthPoint Development are entering
final draft. The first disbursement is expected by the end of the year. Much of 202S will
be environmental work. Further engagement with the community is planned. There is
a plan to attract the best prospects. Redevelopment priorities and the Development
agreement will be discussed at future Site Committee meetings. Discussion took place
regarding the Site Committee, the development of policies, and drafting of
agreements.
7) Site Committee - Jan Meeting
Klein discussed that the committee will review the SSRP Grant/Plant 6, New Vision
Lansing, Logan Square Redevelopment, and the Downtown Party Store property.
8) 2025 LEDC/LBRA/TIFA Board Meeting Schedule Review
Klein presented the 202S draft meeting schedule. The schedule will be adopted at the
Annual Meeting in January.
LEDC Board of Directors Meeting: Friday, December 06, 2024 Meeting Minutes Page 3 of 3
9) 202S Election of Officers Process
Klein discussed that elections of officers will occur in January. The chair appoints a
member to oversee the elections committee. They prepare the ballot. Nominations
and write-in candidates are also accepted at the Annual meeting. Rawley Van Fossen
was appointed elections chair.
10) Policy Committee
The committee is having its first meeting today and will be able to report more next
meeting.
11) Open Forum for LEDC Board Members
Member Rathbun recognized member Member Smith for being involved in an MIT
cohort concerning economic development.
12) Other Business
None.
13) Public Comment
None.
12) Adjournment
Chair Davis Boyd called the Lansing Economic Development Corporation meeting to
adjournment at 9:12 a.m.
Karl orshimer, President, and CEO
Lansing Economic Development Corporation (LEDC)