HomeMy WebLinkAboutLansing Economic Development Corporation Minutes 5.09.25The 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, May 09, 2025 – 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, Chaz
Carrillo (left 9:12 A.M.), Jonathan Smith, Rawley Van Fossen
(arrived 8:31 A.M.), Bryan Britten
Members Absent: Treasurer - Catherine Rathbun, Secretary - Dr. Alane Laws-Barker
Staff Present: Karl Dorshimer, Kris Klein, Aurelius Christian, Alex Watkins,
Chelsea Dowler, Kahleea Washington, Shay Manawar, Kimberly
Lavon
Guests: Will Love – Rehmann Robson
Call to Order/Roll Call
Chair Davis Boyd called the Lansing Economic Development Corporation meeting to order at 8:30 A.M.
New Board Member Welcome
Chair Davis Boyd welcomed Member Britten.
Approval of LEDC Board Meeting Minutes – Friday, April 4, 2025 (ACTION)
MOTION: Member Carrillo moved to approve the LEDC meeting minutes from Friday, April 4, 2025,
Board of Directors meeting, as presented. Motion seconded by member Jones.
YEAS: Unanimous, motion carried.
Financial Report
Kris Klein provided an overview of the financial report. Expenses remain within budget.
REO Town Clubhouse LEDC Micro-Loan Request (ACTION)
Alex Watkins presented the REO Town Clubhouse Micro-Loan Request. Member Smith asked about
due diligence process and Bryan Britten noted the differences in the estimated monthly payment.
Discussion ensued.
LEDC Board of Directors Meeting: Friday, May 9, 2025 Meeting Minutes Page 2 of 3
MOTION: Vice Chair Jones moved to approve the REO Town Clubhouse Micro-Loan Request, as
presented. Motion seconded by member Van Fossen.
YEAS: Unanimous, motion carried.
Corridor Updates
Kahleea Washington discussed several projects and efforts along the corridors, including the CATA
bus shelter art competition, SW Thrive Program, community cleanups, and the 2000 Block Façade
Project on Michigan Avenue.
2023/2024 Financial Audit Report
Will Love of Rehmann Robson presented the June 30, 2024 Financial Audit Report. Love guided the
board through various items within the audit reports that were of note, notably an increase in
administrative and bond revenue related to the Red Cedar project. Love also reviewed the audit letter
with the board, and it was requested that the letter be sent to the board when available. No material
weaknesses were found and Rehmann Robson offered a clean unmodified opinion.
2023/2024 Financial Audit (ACTION)
MOTION: Member Carrillo moved to approve the FYE2024 Financial Audit Report, as presented.
Motion seconded by member Britten.
YEAS: Unanimous, motion carried.
LEED Initiative Update
Aurelius Christian provided an update on the Lansing SEED Academy for emerging developers.
Project Updates
Shay Manawar discussed progress on the SSRP grant and other sites. Member Smith asked about
progress since the Site Committee meeting on April 28th. Discussion ensued. Chelsea Dowler
provided a brief update on Reo Town grant efforts.
Committee Reports
Site Committee: Shay Manawar provided an update on several sites. Chelsea Dowler discussed
incentive policy revision timeline.
Governance Committee / Internal Policy Committee: Chair Davis Boyd reported several policies were
recommended for further review and update.
LEDC Board of Directors Meeting: Friday, May 9, 2025 Meeting Minutes Page 3 of 3
Open Forum for LEDC Board Members
Chair Davis Boyd shared news and informed the group about an upcoming M3 event. Vice Chair
Jones informed the group of a river clean-up event.
Other Business
None.
Public Comment
None.
Adjournment
Chair Davis Boyd called the Lansing Economic Development Corporation meeting to adjournment at
9:31 A.M.
________________________________________________________
Karl Dorshimer, President & CEO
Lansing Economic Development Corporation (LEDC)