HomeMy WebLinkAbout1997 TIFA minutesTax Increment Finance Authority
of the City of Lansing
Board of Director's Meeting
Mayor's Conference Room
Ninth Floor, Lansing City Hall
Wednesday, February 5, 1997
4:30 P.M.
Members Present: Kim Coleman, Paula Cunningham; David Hollister;
William Long; Paul Novak; Joseph Pandy; John
Petroff; William Porter, Jr.
Members Absent: Joseph Reid
Temporary EDC
Members Present: Ed Carpenter
Staff Present: Patricia Cook, Barbara Foreman; Peggy Vaughn
Guests Present: None
Chair Hollister called the meeting to order at 5:06 p.m.
1) Election of Officers
Motion - Paul Novak motioned the Board to approve the following
slate of officers for 1997:
William Long
- Chair
Kim Coleman
- Vice Chair
Dennis Sykes
- Secretary
John Petroff-
Treasurer
Yeas: Unanimous. Motion carried
2) Approval of the Board of Director's Meeting Minutes from December 4, 1996
Motion: John Petroff motioned the Board to approve the
December 4, 1996 Meeting Minutes as presented and
place them on file. Kim Coleman seconded the motion.
Yeas: Unanimous. Motion carried.
3) Financial Statements - November & December, 1996
Motion: John Petroff motioned the Board to approve the
Financial Statements (November & December, 1996)
as presented and place them on file. William Porter, Jr.
seconded the motion.
Yeas: Unanimous. Motion carried.
4) Other Business
a) 1996 TIFA Annual Board Report
b) Work Program and Goals for 1997
Motion: Joseph Pandy motioned the Board to approve the 1996
TIFA Annual Board Report and the Work Program and
Goals for 1997 as presented. William Porter, Jr. seconded
the motion.
Yeas:
5) Public Comment
None.
6) Adjournment
Unanimous. Motion carried.
Chair Hollister declared the meeting adjourned at 5:11 p.m.
Minutes by B. Foreman
Patricia A. Cook
TIFA Manager
Tax Increment Finance Authority
of the City of Lansing
Board of Director's Meeting
Mayor's Conference Room
Ninth Floor, Lansing City Hall
Wednesday, April 2, 1997
4:30 P.M.
Members Present: Kim Coleman; Paula Cunningham; David Hollister; William Long;
Joseph Pandy; John Petroff, William Porter, Jr.
Members Absent: Paul Novak; Joseph Reid
Temporary EDC
Members Present: Ed Carpenter; Jan Hayhow
Staff Present: Patricia Cook; Barbara Foreman; Cynthia Lidtke; Peggy Vaughn
Guests Present: Dave Berridge; Kester So
Chair Long called the meeting to order at 4:32 p.m.
1) Approval of the Board of Director's Meeting Minutes from February 5, 1997
Motion - David Hollister motioned the Board to approve the February 5, 1997
Meeting Minutes as presented and place them on file. William Porter, Jr.
seconded the motion.
Yeas: Unanimous. Motion carried.
2) Financial Statements - January & February, 1997
Motion - David. Hollister motioned the Board to approve the Financial Statements
(January & February, 1997) as presented and place them on file.
Yeas: Unanimous. Motion carried.
3) Other Business
a) Parking System Quarterly Report
The Board received a copy of the City of Lansing Parking System Quarterly Report,
which was prepared by Dave Berridge, City of Lansing Transportation Engineer. Dave
was in attendance at the meeting to answer Board questions relating to the Quarterly
Report.
b) Lansing Center - Final renovation to irrigation/landscape areas
Motion - Joseph Pandy motioned the Board to approve a Change Order for
the final renovation to irrigation/landscape areas in a not to exceed
amount of $125,000 as presented. Paula Cunningham seconded
the motion.
Yeas: Unanimous. Motion carried.
4) Establishing a Brownfield Redevelopment Authority
The Board received a copy with detailed information explaining Brownfield Redevelopment
Authorities.
The Board unanimously agreed to proceed to the Lansing City Council with establishing the
current TIFA Board to also serve as the Brownfield Redevelopment Board.
5) Fourth Amended T1FA Development & Financing Plan
Motion - William Porter, Jr. motioned the Board to approve the Fourth Amended
Tax Increment Development Plan and Financing Plan as presented.
David Hollister seconded the motion.
Yeas: Coleman; Hollister; Long; Pandy; Petroff; Porter
Abstain: Cunningham
Motion carried.
6) Public Comment
None.
7) Adjournment
Chair Long declared the meeting adjourned at 5:31 p.m.
Minutes by B. Foreman 6L�
&46—
Patricia A. Cook, TIFA Neanager
TAX INCREMENT FINANCE AUTHORITY
OF THE CITY OF LANSING
Board of Director's Meeting " ' q't'r 2: 17
Mavor's Conference Room �`tu CITY CLERK
Floor, Lansing City Hall
Wednesday, June 4, 1997
4:30 P.M.
Members Present: Kim Coleman; David Hollister; William Long; Joseph Pandy;
John Petroff, William Porter, Jr.
Members Absent: Paula Cunningham; Paul Novak; Joseph Reid
Temporary EDC
Members Present: Ed Carpenter; Jan Hayhow
Staff Present: Patricia Cook; Barbara Foreman; Peggy Vaughn
Guests Present: Michael Moehle
Chair Long called the meeting to order at 4;59 p.m.
1) Approval of the Board of Director's Meeting Minutes from April 2, 1997
Motion - David Hollister motioned the Board to approve the
April 2, 1997 Meeting Minutes as presented and place
them on file. John Petroff seconded the motion.
Yeas: Unanimous, Motion carried.
2) Financial Statements - March, 1997
Motion - William Porter, Jr. motioned the Board to approve the
TIFA Financial Statements (March, 1997) as presented
and place them on file. John Petroff seconded the
motion.
Yeas: Unanimous. Motion carried.
3) TI FA FY '97/98 Budget
Motion - David Hollister motioned the Board to approve the TIFA
FY '97/98 Proposed Budget as presented. Joseph Pandy
seconded the motion.
Yeas: Unanimous. Motion carried.
4) Other Business
a) TIFA FY '96/97 Budget Amendments
Motion - John Petroff motioned the Board to approve the
T[FA FY '96/97 Budget Amendments as presented.
William Porter, Jr. seconded the motion.
Yeas: Unanimous. Motion carried.
b) TTFA FY '96/97 Audit Engagement
Motion - Joseph Pandy motioned the Board to approve engaging
the firm of.Kutas, Hawes, Wolcott & Bergman, P.C.
to perform the FY'96/97 Audit in the amount of $4,300.
John Petroff seconded the motion,
Yeas: Unanimous. Motion carried.
5) Public Comments
None.
6) Adjournment
Chair Long declared the meeting adjourned at 5:03 p.m.
Minutes by B. Foreman
Patricia A. Cook
TIFA Manager
TAX INCREMENT FINANCE AUTHORITY
OF THE CITY OF LANSING
Board of Director's Meeting
Mayor's Conference Room
Ninth Floor, Lansing City Hall
Wednesday, August 6, 1997
4:30 P.M.
Members Present: Paula Cunningham; William Long; Paul Novak; John Petroff,
William Porter, Jr.
Members Absent: Kim Coleman; David Hollister; Joseph Pandy
Temporary EDC
Members Present: Ed Carpenter; Jan Hayhow
Staff Present: Patricia Cook; Barbara Foreman; Peggy Vaughn
Guests Present: None
Chair Long called the meeting to order at 5:36 p.m.
1) Approval of the Board of Director's Meeting Minutes from June 4, 1997
Motion - Paul Novak motioned the Board to approve the
June 4, 1997 Meeting Minutes as presented and
place them on file. John Petroff seconded the
motion.
Yeas: Unanimous. Motion carried.
2) Financial Statements - April, May & June 1997
Motion - John Petroff motioned the Board to approve the
T1FA Financial Statements (April, May & June,
1997) as presented and place them on file.
William Porter, Jr. seconded the motion.
Yeas: Unanimous. Motion carried.
3) Other Business
a) Landscape Project Update (substantially completed 7/97)
Pat Cook stated that the improvements to the area north of the Lansing Center
(adjacent to the parking lot) were substantially completed by July 1 st, '97. Pat
also stated that the contractor is responsible for maintenance of the landscape
area for one full year.
Chair Long handed out to the Board a copy of an article from the Chicago Tribune
regarding tax increment financing.
4) Public Comment
None.
5) Adjournment
Chair Long declared the meeting adjourned at 5:41 p.m.
Minutes by B. Foreman
Patricia A. Cook
TIFA Manager
Tax Increment Finance Authority
of the City of Lansing
Special Board of Director's Meeting
Mayor's Conference Room
Ninth Floor, Lansing City Hall
Tuesday, September 9, 1997
4:30 P.M.
Members Present: Ann Brazeau; Kim Coleman; Paula Cunningham; William
Long, Joseph Pandy; John Petroff; William Porter, Jr.
Members Absent: David Hollister; Paul Novak
Temporary EDC
Members Present: Ed Carpenter
Staff Present: Patricia Cook; Barbara Foreman; Cynthia Lidtke; Peggy
Vaughn
Guests Present: Charlie Hawes; Steve Kutas, Jr.; John Victory
Chair Long called the meeting to order at 5:06 p.m.
1) Approval of the Board of Director's Meeting Minutes from August 6, 1997
Motion - William Porter, Jr. motioned the Board to approve
the August 6, 1997 Meeting Minutes as presented
and place them on file. Ann Brazeau seconded the
motion.
Yeas: Unanimous. Motion carried.
2) Amendment to Fiscal 1997 Projected Budget
Motion - Joseph Pandy motioned the Board to approve the
amendment to the Fiscal 1997 Projected Budget as
presented. John Petroff seconded the motion.
Yeas: Unanimous. Motion carried.
3) "Draft" FY 1996/1997 Audited Financial Statement
Motion - John Petroff motioned the Board to approve and place
on file the FY '96/97 "Draft" Audit, which was prepared
by Kutas, Hawes, Wolcott and Bergman, P.C. William
Porter seconded the motion.
Yeas: Unanimous. Motion carried.
4) Other Business
- Ingham County EDC Training Program - September 29, 1997
The Board received information regarding a workshop which will be sponsored by the
Ingham County Economic Development Corporation, the Ingham County Department
of Development and the Ingham County MSU Extension. The Workshop will take place
on Monday, September 29, 1997, from 5:30 p.m. to 9:00 p.m. at the Ingham County
Fairgrounds Community Building. The topic for the Workshop will be "Legislation,
The Law and You".
5) Public Comment
None.
6) Adjournment
Chair Long declared the meeting adjourned at 5:25 p.m.
Minutes by B. Foreman
Patricia A. Cook
TIFA Manager