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HomeMy WebLinkAboutTax Increment Finance Authority Meeting Minutes 12.06.24Lansing Tax Increment Finance Authority (TIFA) 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 Call to Order Chair Davis Boyd called the Lansing Tax Increment Finance Authority meeting to order at 9:34 a.m. Approval of TIFA Board Meeting Minutes – Friday, November 01, 2024 (ACTION) MOTION: Member Smith moved to approve the TIFA meeting minutes from the Friday, November 01, 2024, Board of Directors meeting, as presented. The motion was supported by Member Carrillo. YEAS: Unanimous, motion carried. Update TIFA Act Amendments Dorshimer discussed with the board the potential expansion of the TIFA District to include the REO Town area. Additional discussion took place regarding the possible extension. Member Smith asked for more details on why and how this would be done and a deeper dive into the finance mechanism. The consensus was that the board is open to further discussion. Open Forum for TIFA Board Members Dr. Laws-Barker thanked the board and staff for support. Other Business Chair Davis-Boyd Public Comment None. Adjournment Chair Davis Boyd called the Lansing Tax Increment Finance Authority meeting to adjournment at 9:52 a.m. ________________________________________________________ Karl Dorshimer, President and CEO Lansing Economic Development Corporation (LEDC)