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HomeMy WebLinkAboutEDC 2021 Minutes Lansing Economic Development UEIDCCorporation Board of Directors Meeti Friday, December 3 2021 ng - 8:30 AM 1000 S W LEAP office ashington Ave. Ste. 201 Lansing, MI 48910 Face coverin Mask Re uirement: g's are required b and members of the public at this meeting.y all Board Members, staff, Members Present: Calvin Jones, N UTES Michael McKissic, Andrea Binoniemi, Shelley p Members Absent: Boyd, Tom Donaldson, Blake Johnson Y Davis- Members Coleman(excused staff Pre Barker(excused) )� Brian McGrain (excused),)� pr. Alane Laws_ Karl Dorshimer, Kris Klein, Kambriana Gates Guests: Willis Torrell Christian, Tony Jake Brower (City of Lansing), Brian Lefler Call to Order Chair Jones called the Lansing nsln g Economic Development Corporatio n meeting to order at Approval of LEDC Board M eet►ng Minutes - FridaY, November 5, 2021 MOTION: ginonie mi mov Friday Nov ed to November 5, 2021 LBO approve the LBRA Motion se meeting minutes from the seconded by Davis goy Board of Director's meeting, as presented. Unanimous. Motion Carried. The Lansing Eco improve ov Horne Development Cor era!!quality of life Y attracting, n n is to b poratio s missio cting exp s rni cr-eate qualit 9 and�e>o.�nin Ylobs, diversify the local 9 business and industryeconomy and in the �;+„��, LEDC Board of Directors Meeting: Friday, December 03, 2021 2 of 2 Update on Financials Klein gave a brief update on the financials with main points of highlights. Equitable Economic Development Programming Resolution (ACTION) Gates shared a recap of the presentation from the last LEDC meeting about Equitable Economic Development. Resolution was provided which Gates walked through the six program areas of the proposal. Gates explained that LEAP will present the proposal at the Community ARPA Discussion on behalf of the LEDC and will refine their presentation and proposal to formally share with the board if approved. Chair Jones motioned to have the resolution approved by the board which Johnson moved and Binoniemi seconded. MOTION: Johnson motioned to approve the resolution and Binoniemi seconded. YEAS: Unanimous. Motion Carried. Program Updates a. Fagade Improvement Program: i. Gates shared that the Fagade Improvement is opening in January and will shared the flyer with the board once available. Board members asked the amount reimbursed and when the application will open along with the deadline. Gates shared that the program is a reimbursement up to $20,000 and that the application will open January 03, 2022 and will close March Ol, 2022. b. Sunrise Grant Program - Ingham County i. Klein shared an update on Ingham county and LEAP grants for businesses and community organizations. c. LEDC Site Committee i. Covered in LBRA meeting Project Updates Dorshimer shared that due to downtown workers continuing to work remotely the effect on downtown retain businesses has been dramatic. He said that converting vacant office space to other uses such as residential is needed. He also said that potential state programs to assist with this repurposing are in the works and the LEDC will be pursuing them. LEDC Board of Directors Meeting: Friday, December 03, 2021 2 of 2 2022 Board Meeting Schedule and Election of Officers (DISCUSSION) Chair Jones shared that member McKissic will contact the board members about the scheduling. The scheduling will be approved in January. Open Forum for LEDC Board Members Chair Jones shared the park in downtown Lansing put the memorial which Klein gave an update. There is the plaque and artwork, waiting on the pouring of the concrete. Other Business None Public Comment None Adjournment Chair Jones called the Lansing Economic Development Corporation Board of Directors meeting to adjourn at 9:56AM. Lansing Economic Development LEDCCorporation Board of Directors Meeting Friday, November 5, 2021 - 8:30 AM LEAP Office 1000 S. Washington Ave. Ste. 201 Lansing, MI 48910 Members Present: Calvin Jones, Brian McGrain, Michael McKissic, Andrea Binoniemi, Shelley Davis-Boyd, Tom Donalson, Blake Johnson Members Absent: Tom Muth (excused), Kim Coleman (excused) Staff Present: Karl Dorshimer, Kris Klein, Kambriana Gates, Torrell Christian, Tony Willis, Jennifer Abood Guests: Najeema Thomas, Kimberly Lavon Call to Order / Rollcall Chair Jones called the LEDC Board of Directors meeting to order at 8:44 A.M. Rollcall was taken by Klein and recorded for public record. Approval of LEDC Board Meeting Minutes - Friday, October 8, 2021 MOTION: Davis-Boyd moved to approve the LEDC meeting minutes from the Friday, October 8, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Johnson. YEAS: Unanimous. Motion Carried. Update on Financials Abood joined the Board virtually to give updates on the LEDC financials. The Lansing Economic Development Corporation's mission is to create quality jobs, diversify the local economy and improve overall quality of life by attracting, expanding and retaining business and industry in the City of Lansing. LEDC Board of Directors Meeting: Friday, June 4, 2021 Agenda Page 2 of 2 One&All Program Presentation Gates summarized the One&AII Program for the The LEDC Board and invited graduates of the program to the meeting. Thomas from "YouShine Events & Consulting" and Lavon from "Thimble Media: Social Media Marketing & Advertising for Creatives" shared their experience in the program and the impact it has had on their business thus far. Board member Donaldson wanted to know where did Thomas see her business going in the next year which Thomas responded to. Chair Jones expressed the importance of these programs to our community. Equitable Economic Development (Presentation and Discussion) Willis presented on the ways in which equitable development is impactful to diverse communities. This is connected to the MRJEA initiative within the City of Lansing with the goal to create a more compelling, competitive, and attractive economy that benefits everyone. Willis shared ways this can be achievable; one being continued funding of the One&AII Program. Chair Jones noted the community neighborhood is doing similar work and how it can be expanded on through equitable development. Dorshimer expressed how the committee identified these issues and how this plan can contribute. This proposal will be shared next month at the City public forum and also mentioned how the LEDC and LEAP can combine the ask to the City. Board member Davis requested a copy of the Equitable Development presentation which Willis will provide. McGrain added that they are supportive of making real change within the community. McGrain also mentioned that Julie is continuing to assist with additional funding options and they are looking forward to this coming into fruition. Chair Jones emphasized the focus on the relationships and connection within the community to ensure that these plans are put to action. Chair Jones will provide the information for the "round tables" to the One&AII program graduates to attend. Program Updates a. Corridor Improvement Authorities Gates shared a brief update about the CIA's and offered to provide information about the SSCIA public art ribbon cutting on November 19th. Christian introduced himself and shared about the current work he has done on the corridor thus far. McGrain added the need for a fellow on South MLK which Christian is now in that role. Board member McKissic asked what the feedback has been from the corridor so far which Christian briefly described. b. Sunrise Grant Program - Ingham County LEDC Board of Directors Meeting: Friday, June 4, 2021 Agenda Page 2 of 2 Klein shared the updated (version?) of the Sunrise Grants financials and amount disbursed. These funds are given to businesses that have been harmed the most by the pandemic. These funds will be on-going for a couple of years and using an equitable lens these funds were used to ensure they were targeted towards underrepresented groups such as BIPOC, LGBTQIA+, women, and disabled individuals. Klein showed a map of all of the programs that have been utilized to help businesses financially. Chair Jones mentioned Clinton County has given funds to LEAP to assist with these programs. Klein confirmed that LEAP would be involved in helping award $2 million of Clinton County's grant funding. c. LEDC Site Committee Dorshimer discussed the recent site committee meeting and the items that were reviewed. At the next meeting the focus will be on Logan Square. One of the ideas was to do a proactive Brownfield plan on that site which will ultimately be something that serves the neighborhoods in the area and also a place of attraction. Board member Davis asked about the pollution on the site and McGrain shared that the contamination may not be an issue but environmental assessment could be performed by the LBRA. Project Updates Block 600: Dorshimer shared before and after pictures of Block600 Project where Meijer Capital City Market site won a double Gold award; one from Brownfield redevelopment and the other was for public-private partnership. The presentation displayed the improvements and environment cleanup that needed to be done on Block600. Willis made the Board aware that this was the only Gold project in the state of Michigan and One and All was the only Gold award program in the state of Michigan. Chair Jones asked about having a board meeting at Capital City Market. Red Cedar: Dorshimer gave an update on the progress of Red Cedar and what is underway. Klein is also working with two businesses on Red Cedar to assist with a development and redevelop liquor licenses application. Lake Trust is continuing their demolition and the state has to approve the capture of their taxes. Klein explained to the board the difference between the redevelopment liquor license and development liquor license. Board members emphasized the need for local businesses. Michigan Realtors: A ribbon cutting took place last week and the improvements that have been done aligns well with the improvement of the corridor. Open Forum for LEDC Board Members McGrain shared the impact on the BWL Round Table and the discussion of supporting refugees and ways that were offered to assist new incoming families with utilities. The LEDC Board of Directors Meeting: Friday, June 4, 2021 Agenda Page 2 of 2 creative summit a few weeks touched on arrivals of new people and the importance of embracing them as they make up the creative community in Lansing. Other Business None Public Comment None Adjournment Chair Jones called the meeting to adjournment at 10:06 A.M. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, October 8, 2021 — 8:30 AM LEAP Office 1000 S. Washington Ave. Ste. 201 Lansing, MI 48910 Members Present: Calvin Jones, Brian McGrain, Michael McKissic (8:36am), Andrea Binoniemi, Shelley Davis-Boyd, Kim Coleman Members Absent: Tom Muth (excused), Tom Donaldson (excused), Blake Johnson (excused) Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Kambriana Gates, Torrell Christian Guests: Call to Order Chair Jones called the LEDC Board of Directors meeting to order at 8:57 A.M. Approval of LEDC Board Meeting Minutes— Friday, September 10, 2021 MOTION: Coleman moved to approve the LEDC meeting minutes from the Friday, September 10, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Davis-Boyd. YEAS: Unanimous. Motion Carried. Update on Financials Klein provided a brief update on the LEDC financials. Program Update a) South MILK CIA Fellow Bryant introduced Torrell to the board, who will be working for 15-months as a fellow for the S.MLK CIA. Torrell introduced himself and shared how excited he is for this opportunity. Bryant also informed the board it was her last day and that Kambriana will be working on the corridor improvement authorities and the fagade improvement program. Additionally, it was mentioned that the posting for the new position is online at the LEAP Website. 1 b) Lansing CARES Klein gave an update on the CARES program and provided the board a brief overview of the timeline and the funds committed. c) Sunrise Grant Program —Ingham County Klein provided an update on the Sunrise Grant Program by Ingham County and the status of the different categories. d) LEDC Site Committee Dorshimer provided a brief update on the Committee regarding Zach's presentation and the three sites that were reviewed. The site committee will meet next week to talk through the next steps of the three sites he presented on. e) One&AII Bryant updated the board on the 4th cohort of the LEAP One&AII program who had their graduation last night. Chair Jones requested to have a past One&AII participant to share their experience to the board so staff will prepare for the next meeting to have Anum, the program manager and a One&AII graduate to present. Member Binoniemi had a couple questions regarding the mentor part of the program, that member McGrain and Davis-Boyd was answered. Member Binoniemi is interested in being a mentor, Bryant will share with Anum her information. Project Updates Dorshimer walked through the LEDC current project updates and the Block 600 award. Chair Jones requested photos of the projects that were awarded for the IEDC. Open Forum for LEDC Board Members Chair Jones and the Mayor visited FlexCity who was awarded several Covid-19 grants. Chair Jones shared that they were very appreciative of the funds and were able to hire additional employees with the funds. Other Business None was provided. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:19 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 2 Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, September 10, 2021 — 8:30 AM LEAP Office 1000 S. Washington Ave. Ste. 201 Lansing, MI 48910 Members Present: Calvin Jones, Tom Muth, Brian McGrain, Michael McKissic, Blake Johnson (8:48 AM), Andrea Binoniemi Members Absent: Shelley Davis-Boyd (excused), Tom Donaldson (excused), Kim Coleman Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Kambriana Gates, Zachary Crawford Guests: - Call to Order/ Rollcall Chair Jones called the LEDC Board of Directors meeting to order at 8:36 A.M. Rollcall was called by Klein and recorded for public record. Approval of LEDC Board Meeting Minutes— Friday, August 6, 2021 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, August 6, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Muth. YEAS: Unanimous. Motion Carried. Update on Financials Klein provided a brief update on the LEDC financials. Sweet Encounters LEDC Micro-Loan Request (ACTION) Gates provided an overview of the request and the business model of Sweet Encounters. Member Muth provided further details regarding the loan committee decision and Sweet Encounters request. The loan term and details can be found in the board's packet. MOTION: Muth moved to approve the Micro-Loan request for Sweet Encounters, as presented. Motion seconded by Binoniemi. YEAS: Unanimous. Motion Carried. 1 Program Update a) Lansing CARES Klein gave an update on the CARES program and provided the board a brief overview of the timeline. Member Muth asked regarding the amount that is still available for the program, where Klein shared that there is about $200,000 remaining. b) Sunrise Grant Program — Ingham County Klein discussed the current grants that have been disbursed through the Sunrise program, including the Retail, Goods and Services, and Tourism and Hospitality Service Providers. Klein provided details regarding the ratio of the ones that are within the city of Lansing. Klein stated that the additonal categories are still under reviewed and we will update the board when those are dispersed. c) Presentation by Zach Crawford — LEAP Development Intern Bryant introduced Zachary Crawford, the summer Development intern. Crawford presented on the LEDC Site Committee work and focused on three sites within the city. Chair Jones noted about working closely with the Lansing Township when the sites border it. Member Binoniemi expressed how great the presentation was. Member Muth made note to ensure to work with the community and bring them together regarding the sites, but most importantly with the Logan Square property. Member Muth additionally noted that seeing a connection to Frances Park from Grand River Park would be a great attraction such as foot bridge. Member McGrain expressed the city's work and communication recently with Logan Square and shared the S.MLK CIA has extended an offer to a fellow who will start in October to focus on the corridor. d) LEDC Site Committee Chair Jones noted the Committee will meet soon to continue the conversations about Zach's presentation and the board's comments to continue the Committee's efforts. e) One&All Bryant updated the board on the 4th cohort of the LEAP One&AII program. It was noted that cohort is now halfway through the program and graduation is scheduled for October 71h for the participants. Project and Tour Updates Dorshimer walked through the LEDC current project updates and recent project photos from the site tours. Open Forum for LEDC Board Members Chair Jones expressed that it would be great to have a One&AII participant come to a board meeting to talk about the program and their business. Other Business None was provided. Public Comment None was provided. 2 Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:44 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 3 Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, August 6, 2021 — 8:30 AM LEAP Office 1000 S. Washington Ave. Ste. 201 Lansing, MI 48910 Members Present: Calvin Jones, Tom Muth, Brian McGrain, Michael McKissic (8:41 pm), Shelley Davis-Boyd, Tom Donaldson Members Absent: Kim Coleman, Blake Johnson (excused), Andrea Binoniemi (excused) Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Zach Crawford Guests: Julie Durham (Public Sector Consultants) Call to Order/ Rollcall / Meeting Process Chair Jones called the LEDC Board of Directors meeting to order at 9:34 a.m. Approval of LEDC Board Meeting Minutes— Friday, July 9, 2021 MOTION: Muth moved to approve the LEDC meeting minutes from the Friday, July 9, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Davis- Boyd. YEAS: Unanimous. Motion Carried. Update on Financials Klein provided a brief update on the financials. Noting that all loans are current, CDBG loans are counted as of June 30th since the final fiscal year report is not completed, and that checking is positive. ERRD Quarterly Report#2 (Discussion) Member McGrain introduced Julie Durham to provide an update on the ERRD position. Julie provided a walkthrough of the memo in the board's packet. Chair Jones asked about the ARPA funds coming to the City and the use of these funds to repay the LEDC reserve funds that were drawn upon to help businesses through the COVID 19 pandemic. McGrain explained that city of Lansing will receive about $50—$60 million. Member Davis-Boyd asked regarding the S.MLK fellow position. Bryant was able to provide a brief overview of this new position that is currently being interviewed for. 1 Program Update a) Lansing CARES Klein shared that the rest of the loans are being worked on for closing and a new press release will out in the next couple of weeks. b) Sunrise Grant Program — Ingham County Bryant provided a brief update on the Ingham County Sunrise Program which closed on July 30th. There was a large amount of applications received including a substantial number from the businesses located in the city of Lansing. Bryant stated that applications are being reviewed in categories and grants will go out at the end of August and September. c) LEDC Site Committee Dorshimer provided an update on the site committee that have which have met several times, including earlier this week. They are working on an updated list of properties and will look at the challenges and opportunities of each. Member Donaldson stated he really likes being pro-active and planning which the committee is striving to do. Member McGrain shared that it is good to examine the site's challenges and determine which sites the committee should direct their attention to. d) One&AII Bryant updated the board on the 4th cohort of the LEAP One&All program, where there are 19 new members. Bryant also asked if any board members would like to be mentors, which is a key part of the program for the entrepreneurs. Member Davis-Boyd shared that she has been a mentor and expressed how great of an opportunity it is. Project and Tour Updates Dorshimer walked through the LEDC current project updates and tours coming up. Open Forum for LEDC Board Members Member Davis-Boyd expressed that she is so excited to see all the improvements in the city and is very proud. Chair Jones is also proud and noted it is great seeing the signage on the projects. Other Business None was provided. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 10:10 a.m. 2 /6� Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 3 Lansing Economic Development Corporation Board of Directors Meeting Friday, July 9, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY Access the meeting via: https://us02web.zoom.us/j/82140541382 Webinar ID: 821 4054 1382; Dial In (301) 715-8592 Members Present: Calvin Jones (Lansing, MI), Tom Muth (Lansing, MI), Blake Johnson (Grand Ledge, MI), Brian McGrain (Lansing, MI), Michael McKissic (Lansing, MI), Andrea Binoniemi — 8:58 am (East Lansing, MI) Members Absent: Shelley Davis-Boyd (excused), Tom Donaldson (excused), Kim Coleman Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Zach Crawford Guests: Mayor Andy Schor, Jim Smiertka, Andy Kilpatrick Call to Order/ Rollcall/ Meeting Process Chair Jones called the LEDC Board of Directors meeting to order at 8:36 a.m. Klein took roll call and noted that members need to declare the city and state they are participating from. Klein went through the meeting process which included the participation rules for board members and the public. Introduction of New Board Member Chair Calvin introduced the newest member to the LEDC. Member McKissic shared he was excited to be part of the LEDC and to provide input to support the community. Approval of LEDC Board Meeting Minutes— Friday, June 4, 2021 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, June 4, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Muth. Klein took a roll call vote, record as: Calvin Jones -yea Tom Muth - yea Blake Johnson - yea Brian McGrain - yea Michael McKissic- yea YEAS: Unanimous. Motion Carried. 1 Update on Financials Klein provided a quick update on the financials. He highlighted the Lansing CARES loans that have been disbursed through the LEDC and will be reimbursed through the city back to the LEDC. All loans of the standard loans are all current right now. We are wrapping up the fiscal year which ended June 301h and will have some more updates once those are cleaned up. The cash balance is noted within the financial documents in the packet. Approval of Economic Development Analysis Contract and Funding (ACTION) Dorshimer welcomed the Mayor, Andy Kilpatrick, and Jim Smiertka. Dorshimer shared that the city put out an RFP several months ago looking for a consultant on exploring infrastructure updates and new developments within the city. It was shared that River Caddis was selected after the review process and they would be able to contract with the Lansing Building Authority (LBA). The city and the LBA are here to ask the LEDC to fund the $150,000.00 for part of the contract. It was shared this is likely to be paid back once a development or project is selected by using a fee to pay back the LEDC. Mayor shared that the city is working on a lot of projects for economic development. This is a unique contract where it would be for studies upfront to work on projects. In the contract, $100,000 in studies for parking, wastewater, etc for those enterprises to pay for it. $150,000 would be directly related to cities public assets. It was stated it was like a loan and has some risk, but the LEDC would be first in the waterfall to be paid back. City Hall was included originally when the RFP was completed 4-5 months ago, the City Hall project has been taken out of this contract due to other interested projects. City Hall would undergo another RFP, where River Caddis would not be eligible for the RFP and they would help evaluate the project. If City the Hall RFP is not successful, it could come back to this contract. The LBA will be considering this at their next meeting. Andy Kilpatrick shared that that agreement expires after 1 year. There were 4 responses back to the original RFP. Jim shared there has been a lot of drafts for this agreement. $100,000 is the maximum cost for the studies. BWL is not part of this agreement. Member Muth asked about River Caddis experience and background regarding this agreement. Andy K. stated they have local experiences, but they have partnered with a lot of sub-contractors and have worked with a lot of projects around the country with similar type of projects. Mayor shared the contractor want to use their experience locally. ANDREA BINONIEMI—8:58 am logged on Resolution approving Econ. Dev. Analysis Contract Between the LBA and LEDC MOTION: Johnson moved to approve the resolution of the Economic Development Analysis Contract between the LBA and LEDC, as presented. Motion seconded by McKissic. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Tom Muth - yea Blake Johnson - yea Brian McGrain - yea Michael McKissic- yea YEAS: Unanimous. Motion Carried. Resolution approving FY2021/2022 Budget Amendment for Econ. Analysis Study 2 MOTION: Muth moved to approve the FY2021/2022 Budget Amendment for Econ. Analysis Study, as presented. Motion seconded by Binoniemi. Member Dorshimer shared the funds are coming out of the business loan through the LEDC. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi -yea Tom Muth - yea Blake Johnson - yea Brian McGrain - yea Michael McKissic- yea YEAS: Unanimous. Motion Carried. Meeting Suspended at 9:02 AM, LBRA was adjorned. LEDC meeting was reopened at 9:40 AM. Program Update a) Corridor Improvement Authorities Bryant shared that under the LEDC contract is the management of the CIAs and provided 2 updates. First, the city of Lansing has been one of ten communities in Michigan selected to host a community development fellow for 15 months. The Community Economic Development Association of Michigan, CEDAM, is providing us with this opportunity. The city of Lansing fellowship will be focusing on the South Martin Luther King Jr. Blvd CIA which will help increase capacity to implement the community economic development projects. This position will be working closely with Bryant but with a focus on working independently with business owners, property owners, residents, and city officials to support the CIA. The application is open until July 26th at 5pm so she asked the board to please spread the word about the position. The fellow would be starting sometime in October for this position. Another corridor update is from the Saginaw Street CIA. They applied back in January/February for a neighborhood grant through the city of Lansing and was awarded a $3,000 grant. They are working very closely with CATA, the city, and the public art committee to install a brand-new bus shelter at the N.MLK and Saginaw intersection with the addition of a public art piece component. The will be releasing RFP in the next month for this artist. Bryant shared that we are very excited for both of these projects to take place along these key corridors. a) Lansing CARES Klein provided an update on the loans that have closed and the budget that is available for the program is still significant. This program will be put on pause due to the Sunrise program to allow applicants to apply. The program will continue to work on the loans current loans already made. b) Sunrise Grant Program — Ingham County Bryant provided a brief update on the Ingham County Sunrise Program. She said there was a flyer provided in the packet, additionally there are also hard copies in the office for those that are interested. Byant stated there were funds available to small business and nonprofits within the 3 county and she wanted to reach out to as many potential applicants as possible, including nonprofits and small business in the city of Lansing. Bryant told the board to share this with as many folks as could and she was working with a lot of great partners to provide assistant to applicants. c) LEDC Site Committee Dorshimer provided an update on the site committee that has met a couple times since the last Board Meeting. They will continue to meet and review various sites in Lansing with the intent of focusing their efforts on a couple of key sites. Zach Crawford, the Business Development intern was introduced and will be working with the committee on the projects. Zach will send out an email to the committee regarding meeting in the next couple of weeks. Project and Tour Updates Dorshimer walked through the LEDC current project updates and tours coming up. Chair Jones requested information on the Louie Building, Dorshimer stated he would look into it and report back a the next meeting. In-Person Meetings Update Klein stated that the board's August meeting will be in person for all board members, guests, and for the public. Board Members will have to attend in person unless they fall within the restrictions of that were stated. This is following the Open Meeting Act rules. Klein shared that since we have new members and it has been 16 months, the meetings are held at the LEAP Office in our main board meetings. Open Forum for LEDC Board Members None was provided. Other Business None was provided. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:56 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 4 5 Lansing Economic Development Corporation Board of Directors Meeting Friday, June 4, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/i/86284117798 Webinar ID: 862 8411 7798; Dial In (301) 715-8592 Members Present: Calvin Jones (Lansing, MI), Andrea Binoniemi (Holt, MI), Tom Muth (Lansing, MI), Blake Johnson (Grand Ledge, MI), Brian McGrain (Lansing, MI), Shelley Davis-Boyd (East Lansing, MI), Kim Coleman (Lansing, MI) Members Absent: Tom Donaldson (excused) Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mcllvaine, Jennifer Abood Morris Guests: Jason Hockstok, Christopher Stralkowski, Eric Helzer Call to Order/ Rollcall / Meeting Process Chair Jones called the LEDC Board of Directors meeting to order at 8:33 a.m. Chair Jones stated the reasons the meeting was taking place virtually, and that all board members and the public are participating virtually. Klein took roll call and noted that members need to declare the city and state they are participating from. Klein went through the meeting process which included the participation rules for board members and the public. Approval of LEDC Board Meeting Minutes— Friday, May 7, 2021 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, May 7, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Muth. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Blake Johnson - yea Brian McGrain - yea Davis-Boyd —yea Tom Muth - yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. Red Cedar Project Update Dorshimer shared that Chair Jones requested an update on the Red Cedar Project at the last 1 meeting, so the developers were invited to this meeting. Jason Hockstok provided an update with pictures and drone footage of the current site. Jason invited the board to the site for tours in the next week or two. Member Muth commented on how good it looks and the progress that is being made. Member Coleman is looking forward to the site tour. Eric Helzer made a note about the different funding mechanism for the development and for the water treatment work. Christopher wanted to thank everyone for their participation and provided more details about the tour. Chair Jones shared his excitement for this project and thanked the developers for this work. Member Binoniemi is looking forward to the tour as well. Update on Financials Jennifer Abood Morris provided an update on the financials for April 30, 2021 for the EDC. Jennifer stated that the EDC received the first payment for the Lansing Cares and all loans are current. Approval of FY2021/2022 Contracts between the LEDC & City of Lansing (Action) 2021/2022 LEDC & City of Lansing Economic Development Contract Dorshimer provided a walkthrough of the contract and the scope of the work. Member McGrain shared that he supports the contract and the work that the LEAP staff does. Chair Jones wanted to thank LEAP for the collaborations we have had and for the ones to come. Member Muth wanted to share how much he appreciates this partnership with LEAP and the regional work that goes hand in hand. MOTION: Johnson moved to approve the FY2021/2022 LEDC and City of Lansing Economic Development Contract, as presented. Motion seconded by Muth. Klein took a roll call vote, record as: Calvin Jones -yea Andrea Binoniemi - yea Blake Johnson - yea Brian McGrain - yea Davis-Boyd —yea Tom Muth - yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. 2021/2022 LEDC & City of Lansing Facade Improvement Program Contract Dorshimer provided a walkthrough of the contract. MOTION: Muth moved to approve the FY 2021/2022 LEDC and City of Lansing Fagade Improvement Program Contract, as presented. Motion seconded by Davis-Boyd. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Blake Johnson - yea 2 Brian McGrain - yea Davis-Boyd —yea Tom Muth - yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. Approval of FY2021/2022 Contract between the LEDC & LEAP (Action) Dorshimer walked through the LEDC and the LEAP Contract. Chair Jones asked about the ERRD position which Dorshimer stated that it is a separate contract for that position. MOTION: Coleman moved to approve the FY2021/2022 Contract between LEDC and LEAP, as presented. Motion seconded by Johnson. Klein took a roll call vote, record as: Calvin Jones -yea Andrea Binoniemi -yea Blake Johnson - yea Brian McGrain - yea Davis-Boyd —yea Tom Muth -yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. Approval of FY2020/2021 LEDC Budget Amendment (Action) Klein walked through the amendments to the current budget that are highlighted in orange. These changes involve brownfield admin increases, TIFA admin and the annual fees that were increased due to the Red Cedar project. MOTION: Coleman moved to approve the FY2020/2021 LEDC Budget Amendment, as presented. Motion seconded by Davis-Boyd. Klein took a roll call vote, record as: Calvin Jones -yea Andrea Binoniemi -yea Blake Johnson - yea Brian McGrain - yea Davis-Boyd —yea Tom Muth -yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. Approval of FY2021/2022 LEDC Budget (Action) 3 Dorshimer presented a diagram that visually showed the revenue sources and uses. MOTION: Binoniemi moved to approve the FY2021/2022 LEDC Budget, as presented. Motion seconded by Coleman. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Blake Johnson - yea Brian McGrain - yea Davis-Boyd —yea Tom Muth - yea Kim Coleman - yea YEAS: Unanimous. Motion Carried. Site Committee Update Dorshimer provided an update on the site committee that has met a couple times since the last Board Meeting. They are making progress in looking into several properties within the city to help prepare and position them better into development. They will continue to meet and narrow down the sites to only a couple sites to move forward on. Program Update a) Lansing CARES Mcllvaine provided updates on the program and stated that pre-applications were closed, and the full applications were closed on May 315t. Mcllvaine thanked the loan committee and the LEDC on the continued support. She shared that the loan awardees will be announced in the next couple of weeks. Chair Jones asked about the difference between the CARES funds and the ARP funds, Mcllvaine stated the CARES dollars came from Community Development Block Grants and the new funds are coming from a new pot of federal funds from the recent Bill. b) Sunrise Grant Program — Ingham County Mcllvaine shared updates on the Ingham County wide program, which is an $11 million grant program that LEAP will work on and help design the program. c) One&AII Bryant provided a brief update on the LEAP One&AII Program and shared the 3rd cohort is well underway and their graduation is scheduled to be at the end of this month before July 4tn Project Updates Dorshimer walked through the LEDC current project updates. Open Forum for LEDC Board Members Chair Jones shared that the board plans to invite more developers to meetings to present on their 4 current projects in the city. Other Business Bryant shared the plaque that the LEDC Board will be sending to Fred for his commitment and work on the LEDC/LBRA/TIFA boards. Dorshimer provided a said there was a staffing update and Rachel Mcilvaine shared the news that she will be leaving LEAP in a couple weeks for her new adventure in getting her Masters Degree. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:56 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 5 Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, May 7, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/j/84053285405 Webinar ID: 840 5328 5405; Dial In (301) 715-8592 *See attached Public Participation Notes. Members Present: Calvin Jones (Lansing, MI), Andrea Binoniemi (Beulah, MI), Tom Muth (East Lansing, MI), Blake Johnson (Grand Ledge, MI), Brian McGrain (Lansing, MI), Tom Donaldson (Lansing, MI), Shelley Davis-Boyd (East Lansing, MI) Members Absent: Kimberly Coleman Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mcllvaine, Jennifer Abood Morris Guests: Julie Durham — Public Sector Consultant Call to Order/ Rollcall / Meeting Process Chair Jones called the LEDC Board of Directors meeting to order at 8:31 a.m. Chair Jones stated the reasons the meeting was taking place virtually, and that all board members and the public are participating virtually. Klein took roll call and noted that members need to declare the city and state they are participating from. Klein went through the meeting process which included the participation rules for board members and the public. Approval of LEDC Board Meeting Minutes — Friday, April 9, 2021 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, April 9, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Muth. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Tom Muth - yea Blake Johnson - yea Brian McGrain - yea Tom Donaldson —yea Davis-Boyd - yea YEAS: Unanimous. Motion Carried. Update on Financials Jennifer Abood Morris provided an update on the March 31 st,2021 financials and stated the finances 1 are in good shape and all loans are current. The interest is continuing to be low due to the current economic status. Additionally, Jennifer stated we are already in Q4 and will discussed at the next meeting. Economic Recovery Resource Developer Quarterly Update Klein provided an overview of the Economic Recovery Resources Developer and the contract between the city and the LEDC. Klein introduced Julie who is from Public Sector Consultant and will provide the quarterly update. They were hired in December to add capacity specifically to the downturn to the pandemic. Julie walked through the report that was provided in the Board's packet. Member Binoniemi and McGrain thanked Julie for the thorough report and all the work she is doing for these opportunities. Dorshimer stated how great of a partnership it is between the LEDC and the city for these services. Chair Jones said thank you to Julie and offered if there is anything the board can do in the efforts to let us know. Facade Improvement Program Amendment#4 (Action) Bryant provided an overview of the resolution in the packet to extend out the current fagade program contract to the end of the year. This is due to some projects not being done by the June 30'h date, but also because there are some funds left from the current contract. The city is considering approving more funds for the fagade program this coming fiscal year budget. This will help relieve some issues we have seen with applicants starting the facade program application in the middle of summer, and by doing it by calendar year it will give applicants time in the late winter months to get quotes and schedule time for construction to occur in the summer. MOTION: Donaldson moved to approve the Fagade Improvement Program Amendment #4, as presented. Motion seconded by Binoniemi. Klein took a roll call vote, record as: Calvin Jones -yea Andrea Binoniemi - yea Tom Muth -yea Blake Johnson - yea Brian McGrain - yea Tom Donaldson —yea Davis-Boyd - yea YEAS: Unanimous. Motion Carried. Site Committee Update Dorshimer provided an update on the first site committee meeting that took place yesterday, May 6`h. Discussion was around current sites available in the city of Lansing and was able to pull a map up of all owned properties in the city. Donaldson asked about the Racer Trust sites in the city due to the city not having a lot of large acre sites within the city of limits. Program Update a) Lansing CARES 2 Mcllvaine provided updates on the program, including that the preapplications will be closing Sunday, May 9 at midnight. Announcements have been made to make sure applicants apply for the program if they still want to, but intake of applications have significantly slowed down. Klein shared that the committee have been meeting every week the last three weeks and have reviewed about a dozen applications, 8 of those have been approved. Once a public announcement is made the board will receive a better update on the awards. The contract for this program is a two-year contract, so the next step for this program is providing additional technical assistance to business owners with financials and information. Klein provided a big thank you for the loan committee for their time and expertise in the reviewing. b) Sunrise Grant Program —Ingham County Dorshimer shared updates on the Ingham County wide program, which is an $11 million grant program that LEAP will work on and help design the program. Dorshimer stated that our staff will support the Lansing businesses with their applications and will direct Lansing CARES applicants to the new program in the time being. The Sunrise program would be launched in June and more information can be provided at the next meeting. c) One&AII Bryant provided an update on the LEAP One&AII Program and shared the 3rd cohort just started this week, where there are 19 new entrepreneurs that will take part in the 2-month program training. 15 out of the 19 are city of Lansing entrepreneurs that are taking part in the program and 68% of the participants are women. The Board can see more information from LEAP, that released a press release on the new cohort and there was a LSJ article on Wednesday that talks about the 3rd cohort. Project Updates Dorshimer walked through the LEDC current project updates. Discussion ensued on projects and the downtown status. Donaldson asked if there is a way to have CBRE present their information on vacancy rates and the current real estate status in Lansing. Dorshimer stated yes and it could go to the site committee first, then presented to the LEDC. Chair Jones asked for an update on the Red Cedar project at the next meeting. Open Forum for LEDC Board Members Chair Jones stated that on April 26th, the Lansing City Council extended Mayor Schor's Declaration of Emergency through July 12th, 2021 due to the ongoing public health concerns of the pandemic. Therefore, meetings of this body will remain virtual for the time being. Officers and staff will continue monitoring guidance from health officials and local governments on when it is appropriate to return to in-person meetings and prepare necessary accommodations for that eventuality. The Board will be updated and consulted in advance of any changes to the current meeting format. Other Business None was provided. Public Comment None was provided. 3 Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:51 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 4 Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, April 9, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/j/82946490988 Webinar ID: 829 4649 0988; Dial In (929) 205-6099 Members Present: Calvin Jones (Lansing, MI), Andrea Binoniemi (Holt, MI), Kimberly Coleman (Lansing, MI), Tom Muth (Lansing, MI), Blake Johnson (Grand Ledge, MI), Brian McGrain (Lansing, MI), Tom Donaldson (Lansing, MI) Members Absent: Shelley Davis-Boyd Staff PMser# Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mcllvaine, Jennifer Abood Morris Guests: - Call to Order Chair Jones called the LEDC Board of Directors meeting to order at 9:57 a.m. Approval of LEDC Board Meeting Minutes— Friday, March 5, 2021 MOTION: Coleman moved to approve the LEDC meeting minutes from the Friday, March 5, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Binoniemi. Klein took a roll call vote, record as: Calvin Jones - yea Andrea Binoniemi - yea Kimberly Coleman - yea Tom Muth - yea Blake Johnson - yea Brian McGrain - yea Tom Donaldson —yea YEAS: Unanimous. Motion Carried. Update on Financials Jennifer Abood Morris provided an update stating the finances are in good shape and all loans are current. 1 Budget Update Dorshimer shared that in the Mayor's proposed 2021-2022 budget he inserted funding for the LEDC and the fagade program. He said this will be discussed with the board at an upcoming meeting. Member Johnson left at 10am. Program Update a) Lansing CARES Mcllvaine provided an update on the Lansing CARES program which is continuing to accept pre- applications on a rolling basis. Mailers have been sent out to businesses in the city about the program. There has been 242 preapplications received. Disaster training and underwriting continues to take place to award businesses with these funds. b) One&AII Bryant provided an update on the LEAP One&AII Program, which is designed to increase successful entrepreneurship and small business ownership among underrepresented populations in our region. The 2"d cohort just graduated on the 25th of last month. There has been a total of 40 successful entrepreneurs from the region that has been supported through this 2-month program that involve a combination of business and communication training, coaching and mentoring. 26 out of 40 of the graduates have been residents or business owners within the city of Lansing. Bryant shared that the 3rd cohort review process is currently underway. She stated a big component of the program is mentorship which both Brian and Shelley were mentors for the last cohort. The application continues to be open and on a rolling basis so people can go to our website to apply and learn more. Chair Jones expressed that it would be great to have the graduates join in on the Chamber Business roundtable meeting that he chairs. Bryant will connect with him to schedule something. Project Updates Dorshimer provided an update on current projects taking place in the city. Binoniemi asked to keep the bullet point project list as an discussion item. Donaldson asked to provide it with the board packets. Open Forum for LEDC Board Members None was provided. Other Business None was provided. Public Comment None was provided. Adjournment 2 There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 10:09 am. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership(LEAP) 3 Lansing Economic Development Corporation Board of Directors Meeting Minutes Friday, March 5, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/i/89103323416 Webinar ID: 891 0332 3416; Dial In (929) 205-6099 Members Present: Calvin Jones (Lansing, MI), Frederick Schaible (Lansing, MI), Kimberly Coleman (Lansing, MI), Tom Muth (Lansing, MI), Shelley Davis-Boyd (East Lansing, MI), Blake Johnson (Grand Ledge, MI), Brian McGrain (Lansing, MI), Andrea Binoniemi (Holt, MI) Temporary Members: Julian Darden (Lansing, MI), Robert Widigan (Lansing, MI) Members Absent: Tom Donaldson Staff Present Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mcllvaine, Jennifer Abood Morris Guests: Mayor Andy Schor, Kirstie Hardy, Jon Hartzell Call to Order/ Rollcall / Meeting Process Chair Jones called the LEDC Board of Directors meeting to order at 8:34am. Chair Jones stated the reasons the meeting was taking place virtually, and that all board members and the public are participating virtually. Klein took roll call and noted that members need to declare the city and state they are participating from. Mayor Andy Schor wanted to thank the board and all the hard work they have done, he expressed how productive and important the work that this board does for the city. Mayor additionally noted Member Schaible's hard work on the board, it does not go unnoticed and he will be missed but understands his resignation. Klein went through the meeting process which included the participation rules for board members and the public. Approval of LEDC Board Meeting Minutes — Friday, February 5, 2021 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, February 5, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Muth. Klein took a roll call vote, record as: Chair Jones—yea Coleman —yea McGrain —yea Muth—yea Davis Boyd —yea Johnson - yea Schaible—yea YEAS: Unanimous. Motion Carried. 1 Update on Financials Jennifer Abood Morris presented the January 2021 financials, she noted there are no red flags, the cash looked good, and all loans are current. The interest earned continues to be lower than expected due to the current economic structure. Lansing Shuffleboard and Social Club LEDC Loan Terms Revision (Action) Klein presented an overview of the revisions and the Lansing Shuffleboard and Social Club project at the former Lansing City Market Building. Part of their operations would be able to start in a few months, the full operation will not take place until another year. This revision would allow the loan to be amortized over a full 5 years, unlike the 1-year maturity previously approved by the board. The amount and payments would be remaining the same, along with all previously approved contingencies. Klein noted additional contingencies that are part of this approval would trigger the loan to come due within 5 years, this includes sale of the building from the city to the borrower or if the borrower ceases operation at the building. Member Muth asked about if the city sold the building to another party during this time, would Lansing Shuffleboard still be tenants of the building and would they have first right of refusal, additionally, Muth asked about the cost of the liquor licenses. Klein stated that the current lease term is 20 years and would remain intact if the building is sold to another entity, but the lease also allows for Lansing Shuffleboard to request the city to start purchase proceedings after two years of operation and the proposed loan terms protect the LEDC in these scenarios. Klein noted that the cost of a liquor license is highly dependent on current demand, but they can cost between $45,000—$65,000. Jon Hartzel shared that with fees and the license it becomes on the higher end at $65,000. Member Schaible asked about the loan term previously approved and Schaible stated that moving forward we should look into if one-year maturity really works for projects. Klein stated if they purchase the property or cease operations sooner than 5 years, the loan will come due immediately. MOTION: Johnson moved to approve the Lansing Shuffleboard and Social Club loan term revisions, as presented. Motion seconded by Schaible. Klein took a roll call vote and noted temporary members will vote, record as: Chair Jones—yea Coleman —yea McGrain —yea Muth—yea Davis Boyd —yea Schaible— yea Binoniemi —yea Johnson - yea Temporary Member Darden —yea Temporary Member Widigan - yea YEAS: Unanimous. Motion Carried. Facade Improvement Program Amendment#3 (Action) Bryant stated that in the meeting packets there is a third amendment to the fagade contract, which will allow unused marketing dollars to be spent on fagade projects. Previously it was stated 3% was to be used for marketing but only 1.2% on marketing. The language was replaced to 'up to 3%' which will allow more funds to be available for fagade improvements. MOTION: Schaible moved to approve the Facade Improvement Program amendment#3, 2 as presented. Motion seconded by Johnson. Klein took a roll call vote, record as: Chair Jones—yea Coleman —yea McGrain —yea Muth—yea Davis Boyd —yea Schaible—yea Binoniemi —yea Johnson —yea YEAS: Unanimous. Motion Carried. Annual Report Presentation Karl Dorshimer walked through the annual report. Chair Jones asked for hard copies to be printed for the board and the annual report also be presented to city council. Member McGrain noted how great the report is and echoed the Mayor comments regarding how the work will not stop but this report reflects a lot of amazing work in 2020. Dorshimer thanked Rachel Mcllvaine and DJ Seaton, our intern, for their hard work on putting the annual report together. Ethics Training Video Update Members Kim Coleman and Brian McGrain stated for the record that they have each watched the Ethics Training Video. Program Updates MI Small Business Survival Grant Bryant provided an update on the MI Small Business Survival Grant Program, which includes $3 million in grant funds for the Lansing region's small businesses. A press release by MEDC and LEAP was announced several weeks ago, where 50 city of Lansing businesses were awarded $15,000 grants for working capital, which is another $750,000 to support our small businesses in the city of Lansing. Lansing CARES Mcllvaine provided an update about the Lansing CARES Small Business Assistance Program which is well underway. She shared that over 200 pre-applications had been received for this program which included eligible, ineligible, and repeat applications. Applicants are starting the disaster planning training and are moving into the full application. We will continue to update the board with this program. One&AII Bryant provided a quick update on the LEAP One&AII program which is an inclusive entrepreneurship program designed to increase successful entrepreneurship and small business ownership among underrepresented populations in the region. The graduation for the 2nd cohort is scheduled for March 25'h, where 65% of the participants for cohort 2 are Lansing businesses owners and/or residents and they will be acknowledged for their hard work and success within the last 2 months of the program. 3 Project Updates Dorshimer stated that there will be a presentation on the Gillespie project during the LBRA meeting and that the Annual Report discussion provided additional project updates. Open Forum for LEDC Board Members Schaible stated that he will be resigning from the board due to the extra workload professionally and has really enjoyed the work of the LEDC for the city of Lansing. Member Coleman expressed how much member Schaible will be missed and thanked him for his service. Binoniemi echoed and gave a congratulations to Schaible on his endeavors. Chair Jones really appreciated his work and noted how big of an asset Schaible was to the board. Chair Jones read a letter from Mrs. Butler that he received and was given permission to read it to the board. Other Business Chair Jones stated that he shared with the Mayor and Karl about creating a subcommittee on seeing what kind property is available in the city of Lansing and what the possibilities might be for the redevelopment of those. Dorshimer provided an update on the Build Lansing program. Member McGrain asked for clarification on if that would be private property or public owned property. Binoniemi and Chair Jones to contact if interested in participating in the subcommittee. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 9:35 am omic Develo ment Karl Dorshimer, Director of Econ P Lansing Economic Area Partnership(LEAP) 4 Lansing Economic Development Corporation Board of Directors Meeting Friday, February 5, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/j/87452198226 Webinar ID: 874 5219 8226; Dial In (301) 715-8592 *See attached Public Participation Notes Members Present: Calvin Jones (Lansing, MI), Frederick Schaible (Lansing, MI), Andrea Binoniemi (Holt, MI), Kimberly Coleman (Lansing, MI), Tom Donaldson (Lansing, MI), Tom Muth (Lansing, MI), Shelley Davis-Boyd (East Lansing, MI), Blake Johnson (Grand Ledge, MI) Members Absent: Brian McGrain (excused) Temp Members Present: None Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mcllvaine Guests: Call to Order Chair Jones called the LEDC Board of Directors meeting to order at 9:18am. Approval of LEDC Board Meeting Minutes — Friday, January 15, 2021 MOTION: Binoniemi moved to approve the LEDC meeting minutes from the Friday, January 15, 2021, LEDC Board of Director's meeting, as presented. Motion seconded by Blake Klein took a roll call vote, record as: Chair Jones —yea Donaldson —yea Coleman —yea McGrain —yea Muth —yea Davis Boyd —yea Schaible —yea Binoniemi —yea YEAS: Unanimous. Motion Carried. Update on Financials Klein provided an update and stated that the financials are in the packet. Klein shared that there were no current concerns, the cash to ksgoohat all , interest are earnings continue to remain low due to the market and economic conditions, and1 Lansing Small Business Recovery Program Updates MI Small Business Survival Grant Bryant provided an update on the MI Small Business Survival Grant Program, which includes $3 million in grant funds for the Lansing region's small businesses. Applications closed on January 22nd, and review took place all last week. Final selections for 194 businesses were made early this week and have requested all awardees to provide LEAP the documentation to accept their grant of $15,000. The program is mainly focused on businesses affected by the most recent State of Michigan gathering and masks orders. A public announcement will be made by MEDC and once they announce, LEAP will provide their announcement which we will share with the board. Lansing CARES Small Business Program Klein provided an update about the Lansing CARES Small Business Assistance Program, which is funded through the City of Lansing's additional CDBG allotment from the CARES Act. The Program will provide disaster planning services and 0% interest, deferred payment, forgivable loans ranging from $5,000 - $50,000 to City of Lansing small businesses negatively affected by the pandemic. There will be a two-stage application process: a pre-application to establish eligibility, followed by a l be BG loan full application and e rng process.members of thenEDCuests Board IIThe p ogramred by the was off c allyDla nched committee, which hass several February 3rd, 2021. Ethics Training Video for City of Lansing Boards (Action) Chair Jones stated that the Lansing Council passed a resolution that all boards will need to be trained in ethics and the open meetings act. Jones stated there is a 20-minute video created by the Office of the City Attorney, that all board members must watch. Member Schaible stated that he will be leaving the meeting early and asked for procedures on how to complete the training on his own. Klein noted that a link to the video will be shared with all Board Members including the slides and that Members not present for today's viewing are asked to watch the video and report at a future meeting. The Board then watched the Ethics, Open Meetings Act and FOIA training video. Shelley-Boyd left after the video and Coleman was not present during the video. Chair Jones asked the question when to report any conflict of interest, member Binoniemi stated as soon as you know. Chair Jones asked that all Members s insent for the video be attendance for this viewing off the the Eth Ethics, OMA Kanld stated for the record that the Member FOIA Training video included: Jones Binoniemi Johnson Davis-Boyd Muth Donaldson Members not present that will need to watch the video and report at a future meeting are: McGrain Schaible Coleman Project Updates Dorshimer provided project updates. 2 Open Forum for LEDC Board Members Calvin Jones shared that Tom Muth will be part of the Loan Committee. Other Business None was provided. Public Comment None was provided. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 10:01 AM. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 3 Lansing Economic Development Corp. (LEDC) Board of Directors Meeting Friday, January 15, 2021 — 8:30 AM THIS MEETING WAS HELD ELECTRONICALLY* Access the meeting via: https://us02web.zoom.us/j/84776790634 Webinar ID: 847 7679 0634; Dial In (301) 715-8592 *See attached Public Participation Notes. Members Present: Calvin Jones (Lansing, MI), Brian McGrain (Lansing, MI), Frederick Schaible (Lansing, MI), Andrea Binoniemi (Holt, MI), Kimberly Coleman (Lansing, MI), Tom Donaldson (Lansing, MI), Tom Muth (Lansing, MI), Shelley Davis-Boyd (East Lansing, MI) Members Absent: Blake Johnson (excused) Temp Members Present: None Staff Present: Karl Dorshimer, Kris Klein, Hannah Bryant, Rachel Mclivaine, Jennifer Abood Morris Guests: William Love (Rehmann), Julie Durham (Public Sector Consultants) Call to Order/ Rollcall/ Meeting Process Chair Jones welcomed all and called the LEDC Board of Directors meetingto order at 8:32am. Chair Jones stated the reasons the meeting was taking place virtually and the procedures for roll call. Klein took roll call and went through the meeting process which included the participation rules for board members and the public. Approval of LEDC Board Meeting Minutes — Friday, December 18, 2020 MOTION: McGrain moved to approve the LEDC meeting minutes from the Friday, December 18, 2020, LEDC Board of Director's meeting, as presented. Motion seconded by Binoniemi. Klein took a roll call vote, record as: Chair Jones — yea Donaldson — yea Coleman —yea McGrain — yea Muth —yea Davis Boyd — yea Schaible —yea Binoniemi — yea YEAS: Unanimous. Motion Carried. 1 2021 LEDC Board of Directors Officer Elections (Action) Member Schiable having previously volunteered to put together a slate of candidates and oversee the election process, presented the current slate of candidates as: Chair: Jones Vice Chair: Donaldson, Binoniemi Secretary: Davis Boyd Treasurer: Johnson Member Schiable informed Board members they may also write in candidates for each position. Members received their ballots electronically during the meeting. After an appropriate amount of time passed, Chair Jones ended the voting period. Klein and Mcllvaine prepared the election report and Klein presented the results: Chair: Jones, 8 votes Vice Chair: Donaldson, 2 votes; Binoniemi, 6 votes Secretary: Davis Boyd, 8 votes Treasurer: Johnson, 8 votes MOTION: Member Schiable moved to approve the officer slate resulting from the voting of the Board. Motion seconded by Coleman. Klein took a roll call vote, recorded as: Chair Jones —yea Donaldson —yea Coleman —yea McGrain —yea Muth—yea Boyd —yea Binoniemi —yea Schiable—yea YEAS: Unanimous. Motion Carried. Approval of 2021 LEDC Board of Directors Meeting Schedule (Action) The board discussed the proposed 2021 meeting schedule. For the next several months, the city of Lansing will be participating in workshare, so some meetings will be changed to other days of the week. Member Schiable suggested to consider evening meetings to best accommodate schedules. MOTION: McGrain moved to approve the meeting schedule as presented. Motion seconded by Davis Boyd. Klein took a roll call vote, recorded as: Chair Jones —yea Donaldson —yea Coleman —yea McGrain —yea Muth—yea Davis Boyd —yea Binoniemi —yea Schiable—yea 2 YEAS: Unanimous. Motion Carried. LEDC Audited Financial Statements—YE June 30, 2020 (Action) Abood Morris introduced Will Love from Rehmann. Love presented the LEDC audit stated in a clean and unmodified opinion of the auditors the numbers can be relied upon to make sound business decisions. Mr. Love also stated this was the best opinion and results that is possible from such an audit. He noted that revenue overall is about the same as it was last year, but there was significant spending ($400,000) for the Lansing Small Business Recovery Program. Donaldson asked about the restricted funds and what they could be used for. Love explained that $150,000 is restricted for the Fagade Improvement Program. MOTION: McGrain moved to approve the audit as presented. Motion seconded by Coleman. Klein took a roll call vote, recorded as: Chair Jones —yea Donaldson —yea Coleman —yea McGrain —yea Muth— yea Binoniemi —yea Schiable—yea YEAS: Unanimous. Motion Carried. ERRD Presentation Dorshimer introduced the Economic Recovery Resource Developer program, which is a collaboration between the city and the LEDC intended to help local community organizations recover from the pandemic by securing additional funds. McGrain explained the process by which Public Sector Consultants (PSC)was selected for the position and introduced Julie Durham of PSC to present. Durham shared that the goals of the position are to increase capacity for the city of Lansing for grant writing and outreach efforts as well as minimize the effects of COVID on the community. Focus areas include reducing the impact of COVID restrictions on small businesses and entrepreneurs; investing in housing infrastructure; corridor improvement and facade projects; general infrastructure; and riverfront development, all with an overarching focus on diversity, equity, and inclusion. So far, Public Sector Consultants has been engaging in outreach to important community organizations and city departments. There will be periodic updates to the LEDC Board. 517 Coffee Company Loan Refinance (Action) Klein introduced 517 Coffee's loan refinancing request. With LEAP's assistance, the company is now opening operations in the former Bake N Cakes space in South Lansing. This loan refinancing will provide additional financing to support their business in this new location. The LEDC Loan Committee did recommend approval of this loan refinancing. Klein stated it would increase their payments by about$20/month. MOTION: Schiable moves to accept the loan as presented. Motion seconded by Muth. 3 Klein took a roll call vote, recorded as: Chair Jones —yea Donaldson —yea Coleman —yea McGrain —yea Muth—yea Binoniemi —yea Schiable—yea YEAS: Unanimous. Motion Carried. Lansing Small Business Recovery Program Updates MISmall Business Survival Grant Bryant provided an update on the MI Small Business Survival Grant Program, which includes $3 million in grant funds for the Lansing region's small businesses. LEAP will be awarding 194 grants at $15,000 each. The program is mainly focused on businesses affected by the most recent State of Michigan gathering and masks orders. clb be founle d at statewide application welbs tle n on the The applEaDt on site, but more information about local priorities a opens Tuesday at 9am and closes Friday at 12pm. Donaldson asked if the program is open to nonprofits, and Bryant clarified that nonprofits are eligible but not prioritized by LEAP. Muth asked if businesses awarded other funds may apply. Bryant responded that businesses awarded other funds are still eligible but it will be a consideration in what the funds can be used for. CDBG Small Business Assistance Program Mcllvaine provided an update about the Lansing CARES Small Business Assistance Program, which is funded through the City of Lansing's additional CDBG allotment from the CARES Act. The Program will provide disaster planning services and 0% interest, deferred payment, forgivable loans ranging from $5,000 - $50,000 to City of Lansing small businesses negatively affected by the pandemic. There will be a two-stage application process: a pre-application to establish eligibility, followed by a full application and underwriting process. Loan requests will be considered by the CDBG loan committee, which has several members of the EDC Board. The program will launch in early February. Project Updates Dorshimer provided project updates. Recently opened projects include the Capital City Market and 517 Coffee.Work continues in the Louie, Michigan Realtors Building,Temple Lofts, and Allen Place. When current pandemic is over, several of these spaces would be ideal to host a future EDC meeting. Open Forum for LEDC Board Members Schiable brought up concerns about the future of downtown Lansing without as many state workers. McGrain compared this to GM leaving the city in terms of impact and stated that this is a major concern that has been brought to the Mayor and state representatives. Binoniemi suggests that this board should consider the potential for state buildings to be converted into private ownership and/or residential use to help both the downtown and the TIFA.The board will continue these conversations and look to support the revitalization of downtown. Chair Jones recognized the new board member, Tom Muth. 4 Other Business None was provided. Public Comment Collin Mays introduced himself as the new Community and Economic Development Director for Delta Township. He looks forward to working with this board. Adjournment There being no further business, Chair Jones declared the LEDC Board of Director's meeting adjourned at 10:04 a.m. Karl Darshim'er, Director of Economic Development Lansing Economic Area Partnership(LEAP) 5