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HomeMy WebLinkAbout2014 LBRA minutesLansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Lansing Economic Area Partnership (LEAP) - Boardroom Friday, February 7, 2014 8:00 a.m. Members Present: Calvin Jones, James Butler, Baldomero Garcia, Kimberly Coleman (dial in) Members Absent: Mayor Bernero, Pierre LaVoie, Kevin O'Malley Temporary Members Present: Julian Darden Staff Present: Karl Dorshimer, Marchelle Smith c '? Guests: J.P. Buckingham, TriTerra �`- > co Public Present: None C, Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Jones called the meeting to order at 8:26 a.m. ` Approval of LBRA Meeting Minutes - Wednesday, December 18, 2013 Motion: Garcia moved to approve the meeting minutes from the Wednesday, December 18, 2013 LBRA Board of Director's meeting and place them on file. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending December 31, 2013 Smith provided an overview of the LBRA Financials, period ending December 31, 2013, noting that these financials will continued to be done by the City of Lansing. She reviewed the balance sheet noting there were no issues or discrepancies to report. Motion: Butler moved to accept the LBRA Financial Statements, period ending December 31, 2013 as presented and place on file. Motion seconded by Garcia. Yeas: Unanimous. Motion carried. Brownfield Plan #59 - 4000 North Grand River Avenue, Lansing, MI Dorshimer introduced J.P. Buckingham, TriTerra who provided an overview of Plan #59 - 4000 North Grand River Avenue, Lansing, MI. Buckingham said that they [TriTerra] are working closely with Sam Eyde, who is the owner of the property and there is a lot of work that needs to be done on this property (demolition of the existing structure, Brownfield clean-up, construction of a new facility). Buckingham said they will be looking at obtaining a Revolving Loan Fund (RLF) for this project. 1 The following points of discussion occurred: • TriTerra is assisting with the creation of Brownfield Plan #59. • The property is 7 acres of prime real estate. • The current location is 63,000 square feet and there is asbestos in parts of the building. • Demolition of the existing structure will be more cost effective rather than putting monies into rehabbing the building as is. • There is a concentration on putting together a solid plan that will be a win- win for everyone. • This project will bring 25-35 new jobs to the region. • This Plan (#59) will be sent to the Lansing City Council, noting that there may be questions regarding the funding for this project. • This is a great opportunity for the region and the source of the funding for this project will come through the EPA's Revolving Loan Fund (RLF). • Will need to get the project approved through the EPA. Dorshimer said the Brownfield Program continues to be very strong and plans to present more plans/projects soon. Butler inquired whether LEAP could encourage the use of minority owned companies/ developers to work on projects. Dorshimer said this is an important objective of LEAP. Discussion ensued. Motion: Garcia moved to approve moving forward with Brownfield Plan #59 - 4000 North Grand River Avenue, Lansing, MI, as presented. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Public Comment None. Adjournment Chair- Jones declared the meeting adjourned at 9:12 a.m. Karl Dorshimer, Director, Economic Development Lansing Economic Area Partnership (LEAP) 2 Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Lansing Economic Area Partnership -Boardroom Friday, March 14, 2014 8:00 a.m. Members Present: Calvin Jones, Baldomero Garcia, Pierre LaVoie Kimberly Coleman (dial in) Members Absent: Mayor Bernero, James Butler, Kevin O'Malley Temporary Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith Guests: Rachel Michaud, Gillespie Group Public Present: None r� Recorded by: Tedi R. Parsons, LEAPT Call to Order :) (7) c�7 Chair Jones welcomed everyone and called the meeting to order at 8:37 a.m.�� cj cis.? Approval of LBRA Meeting Minutes - Friday, February 7, 2014 1— r CJ Motion: Coleman moved to approve the meeting minutes from the F'fiday, February 7, 2014 LBRA Board of Director's meeting. Motion seconded by Garcia. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending January 31, 2014 Smith provided an overview of the LBRA Financial Statements, period ending January 31, 2014 advising there were no changes to report, but did want to let the board know she recently received the tax capture estimates and this will most likely require a budget change which she will report at the April or May 2014 meeting.. Motion: Coleman moved to accept the LBRA Financial Statements, period ending January 31, 2014 as presented and placed on file. Motion seconded by LaVoie. Yeas: Unanimous. Motion carried. Brownfield Plan #55-A - Ballpark North, Lansing, MI Dorshimer provided an overview of the proposed Brownfield Plan #55-A (Ballpark North). He provide handouts of the plan and drawings for the project. Dorshimer noted the following about the Ballpark North project: • This project is located on the north end of the existing ballpark and will potentially include apartments and retail/mixed-use space. • This project came about after Tom Dickson, Owner of the stadium, approached the City of Lansing to make improvements to the Lugnuts Stadium. He [Dickson] noted the stadium is over 18 -years old and needs updating. Dorshimer advised that the City of Lansing owns the stadium. • Gillespie Group put together a private development plan that will generate tax capture and help pay the debt for the improvements needed at the stadium. Dorshimer introduced Rachel Michaud, Vice President, Gillespie Group. Michaud presented an overview of the Ballpark North project, noting the following: • This is a great project and will help bring more people downtown, but the stadium needs a lot of attention (updating). • Gillespie Group looked closely at what this project would look like and how it would benefit the city, public and the stadium. • Updates are needed in the suites, outfield and picnic space. • This project will allow access to over 6,000 square feet of restaurant space (Cedar Street side of the Ballpark). • There will be three floors of beautiful condos/ apartments with a great view of the outfield. The windows located on the ballpark side of the stadium will have shatterproof glass. • With the changes and additions to the stadium, it will create a 360 degree concourse, which will increase monies spent at the stadium along with a new level of energy. Trezise noted that the City is required to make improvements to the stadium as part of the original agreement. He advised that Dorshimer has worked hard on this project and came -up with a great plan that involves a strong partnership between LEAP, LBRA, LEDC, Gillespie Group and others who are involved in the project. Trezise stated that this project will bring in additional/new forms of revenue. Dorshimer noted that the project will be using funds ($500,000) from the Brownfield Revolving Loan Fund, which will be repaid by the additional tax capture revenues the private developer will generate. The project will require a city bond for $11 million dollars, which they [City] will issue up front. Discussion ensued. Motion: Garcia moved to approve amended Brownfield Plan #55—A Ballpark North, Lansing, MI, as presented. Motion seconded by LaVoie Yeas: Unanimous. Motion carried. I�ublic Comment None. Adjournment Chair Jones declared the meeting adjourned at 8:55 a.m. Karl Dorshimer, Director, Economic Development Lansing Economic Area Partnership (LEAP) 2 Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Lansing 'Economic Area Partnership -Boardroom Friday, May 2, 2014 8:00 a.m. Members Present: Members Absent: Temporary Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order Calvin Jones, Baldomero Garcia, Pierre LaVoie Kimberly Coleman, James Butler, Kevin O'Malley Mayor Bernero None Karl Dorshimer, Marchelle Smith None None Tedi R. Parsons, LEAP Chair Jones welcomed everyone and called the meeting to order at 9:03 a.m. Approval of LBRA Meeting Minutes - Friday, March 14, 2014 h -v Motion: Garcia moved to approve the meeting minutes from the Friday, March 14, 2014 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending March 31, 2014 Dorshimer provided an overview of the LBRA Financial Statements, period ending March 31, 2014, noting that each Brownfield Plan is represented by its own budget line item. Motion: Coleman moved to accept the LBRA Financial Statements, period ending March 31, 2014 as presented and placed on file. Motion seconded by LaVoie. Yeas: Unanimous. Motion carried. 2014 - 2015 LBRA Proposed Budget Dorshimer provided an overview of the 2014 - 2015 LBRA budget. Butler inquired about the status of the NeoGen project. Smith noted that the Brownfield costs for this project have been fully reimbursed to the company. She further advised that, to date, $243,569 has been captured for the Revolving Loan Fund (RLF). Dorshimer said the LBRA budget remains strong. Motion: LaVoie moved to receive the LBRA Financial Statements, period ending March 31, 2014 as presented and placed on file. Motion seconded by Garcia. Yeas: Unanimous. Motion carried. 1 Other Business None. Public Comment None. Adjournment Chair Jones declared the meeting adjourned at 9:20 a.m. Karf Dorshimer, Director, Economic Development Lansing Economic Area Partnership (LEAP) Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Lansing Economic Area Partnership -Boardroom Friday, June 6, 2014 8:00 a.m. Members Present: Members Absent: Temporary Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order Calvin Jones, Baldomero Garcia, Pierre LaVo = r_0 .- Kimberly Coleman, James Butler, Kevin O'Ma4,P Mayor Bernero G-1 r n None c� --- o� Karl Dorshimer, Marchell.e Smith -' ." M None rte_-- E5 --° None MCO Tedi R. Parsons, LEAP Chair Jones welcomed everyone and called the meeting to order at 9:04 a.m. Approval of LBRA Meeting Minutes - Friday, May 2, 2014 Motion: Garcia moved to approve the meeting minutes from the Friday, May 2, 2014 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending April 30, 2014 Smith provided an overview of the LBRA Financial Statements for period ending April 30,214 Motion: Coleman moved to accept the LBRA Financial Statements, period ending April 30, 2014 as presented and placed on file. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Other Business Dorshimer noted that Brownfield Plan #56 - Emergent BioSolutions, will be presented to the LBRA board at the next meeting on Friday, July 11, 2014. Public Comment None. Adjournment Chair Jones declared the meeting adjourned at 9:17 a.m. Karl Dorshimer, Director, Economic Development Lansing Economic Area Partnership (LEAP) Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Lansing Economic Area Partnership -Boardroom Friday, August 1, 2014 8:00 a.m. Members Present: Calvin Jones, Baldomero Garcia, James Butl(ir; Kevin O'Malley C"7 Members Absent: Mayor Bernero, Kimberly Coleman, Pierre LaVoie uz Temporary Members Present: None Staff Present: Karl Dorshimer Guests: None ` n Ln Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Jones welcomed everyone and called the meeting to order at 8:58 a.m. Approval of LBRA Meeting Minutes - Friday, June 6, 2014 Motion: Garcia moved to approve the meeting minutes from the Friday, June 6, 2014 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending June 30, 2014 Dorshimer provided an overview of the LBRA Financial Statements for period ending June 30, 214 Motion: Garcia moved to accept the LBRA Financial Statements, period ending June 30, 2014 as presented and placed on file. Motion seconded by O'Malley. Yeas: Unanimous. Motion carried. 2013 - 2014 Budget Amendment Resolution (Action Item) Dorshimer presented the 2013 - 2014 Budget Amendment Resolution for the LBRA board review and approval. He noted that this was needed to amend the 2013 - 2014 LBRA budget to reflect the increased revenues and expenses on Brownfield Plans 14, 19, 20, 21, 23, 30, the LBRA Administrative revenue and the Administrative expense to the EDC. Motion: Butler moved to accept and approve the 2013-2014 LBRA Budget Amendment Resolution as presented. Motion seconded by Garcia. Yeas: Unanimous. Motion carried. Brownfield Plan #56 _ Emergent BioSolutions (Update) Dorshimer provided an update on Brownfield Plan #56 - Emergent BioSolutions, advising that this is a great project, but Emergent is not quite ready yet to have this presented to the LBRA board for approval of their amended. plan. Dorshimer expects this will be presented at the next meeting (September 2014). Other Business Meeting reconvened at 9:08 a.m., where Dorshimer provided the following LBRA update: w The Association of Brownfield Authorities, which the City of Lansing will be a part: of this committee, which requires the approval of the LBRA Board of Directors Motion: O'Malley moved to accept and approve the appointment of Dorshimer to The Association of Brownfield Authorities. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Public Comment None. Adjournment Chair Jones declared the meeting adjourned. at 9:10 a.m. lCar1 Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 2 Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, October 3, 2014 8:00 a.m. The Runway, Knapp's Building Lansing, MI 48933 Members Present: Calvin Jones, Baldomero Garcia, Kimberly Coleman, Kevin O'Malley, Pierre LaVoie, Andrea Ragan, Blake Johnson Members Absent: Mayor Bernero, James Butler Temporary Members Present: None Staff Present: Karl Dorshimer Guests: J.P. Buckingham, TriTerra David Ferguson, Ferguson Development -- Eric Helzer, AKT Peerless -' c Tl David Vanhaaren , AKT Peerless C) Dan & Julie Essa, Y -Site LLC Public Present: None �} Recorded by: Tedi R. Parsons, LEAP r o Call to Order Chair Jones welcomed everyone and called the meeting to order at 8:50 a.m. Approval of LBRA Meeting Minutes - Friday, August 1, 2014 Motion: Garcia moved to approve the meeting minutes from the Friday, August 1, 2014 LBRA Board of Director's meeting. Motion seconded by LaVoie. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending August 31, 2014 Dorshimer noted that no LBRA financial statements are unavailable at this time, as the City of Lansing is working on closing out the previous fiscal year-end. Brownfield Plan #54 - Y -Site LLC (Action Item) Dorshimer presented Brownfield Plan #54 - Y -Site LLC, he note that this has been an ongoing process. He introduced Dan and Julie Essa and Eric Helzer who presented information on this project, nothing the following: • Site is the old YMCA building located on Walnut and Lenawee • 156 -units will be available with retail space on the lower level • Each unit will have their own parking space and private balcony • Additional parking will be available in a surface lot across the street from the site • Site plans are 95% completed • Total cost for this project is approximately $20 million dollars • Eligible activities approved are approximately $2.8 million dollars 1 Motion: O'Malley moved to approve moving forward with Brownfield Plan #54 --- Y -Site, LLC, as presented. Motion seconded by Coleman. Yeas: Unanimous. Motion carried. Brownfield Plan #38 - Ottawa Block (Action Item) Dorshimer provided an update on Brownfield Plan #38 - Ottawa Block, and introduced. J.P. Buckingham, TriTerra and David Ferguson, Ferguson Development. Buckingham and Ferguson provided the following points of interest on this Brownfield project: ® This project has an MBT credit (one of the last in the state) ® This site is a great urban site to develop (mixed use) • In the heart of downtown Lansing ® The have engaged the nearby neighborhoods and gathered support for their project ® CoPartnering with Michigan Broadcast Association on this project Motion: Garcia moved to approve moving forward with Brownfield Plan #38 -- Ottawa, as presented. Motion seconded by LaVoie. Yeas: Unanimous. Motion carried. Other Business None. Public Comment None. Adjournment Chair Jones declared the meeting adjourned at 9:14 a.m. 1'�-2av— , Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) W Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, November 7, 2014 8:00 a.m. LEAP Office 1000 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Calvin Jones, Baldomero Garcia, Blake Johnson, Kevin O'Malley, Kimberly Coleman, Pierre LaVoie, Members Absent: Mayor Bernero, James Butler, Andrea Ragan Temporary Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith ; Guests: None .� Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order yr �7 Chair Jones welcomed everyone and called the meeting to order at 9:16 a.m. Approval of LBRA Meeting Minutes - Friday, October 7, 2014 Motion: Garcia moved to approve the meeting minutes from the Friday, October 7, 2014 LBRA Board of Director's meeting. Motion seconded by O'Malley. Yeas: Unanimous. Motion carried. Brownfield Plan #57 - 4000 N Grand River Avenue, Lansing, MI (Action Item) Dorshimer reintroduced Brownfield Plan #57 - (Dr. Saboruy) 4000 N Grand River Avenue Redevelopment Plan. He provided history of Brownfield Plan #57 and advised that because the project was slow to start, the date by which Eligibility Activity must be completed needs to be extended by one-year. Motion: O'Malley moved to approve extending the date by one-year on Brownfield Plan #57 - 4000 N Grand River Avenue Redevelopment Plan, as presented. Motion seconded by LaVoie. Yeas: Unanimous. Motion carried. Project Updates YMCA Project: There has been changes to this project, new name is Metropol and there is movement being made. A press release (big announcement) will be forthcoming. Dorshimer stated that the project was moving closer to beginning. He said the water in the basement would soon be pumped -out. Dorshimer stated that MEDC and HUD need to approve their respective portions of the financing. 1 Other Business None. Public (,- om .ent None. Adjournment Chair Jones declared the meeting adjourned at 9:25 a.m. �'1, � / a I arl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, December 5, 2014 8:00 a.m. LEAP Office 1000 S Washington Avenue, Suite #201, Lansing, MI 48910 Members Present: Members Absent: Temporary Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order Calvin Jones, Baldomero Garcia, Kevin O'Malley, James Butler, Andrea Ragan, Blake Johnson Mayor Bernero, Kimberly Coleman, Pierre LaVoie None Karl Dorshimer, Marchelle Smith Stephen Blann, Rehmann CIO Will Love, Rehmann CID None Tedi R. Parsons, LEAP Chair Jones welcomed everyone and called the meeting to order at 8:27 a.m. Approval of LBRA Meeting Minutes - Friday, November 7, 2014 1 C_a r - {"S i Z_ Motion: Garcia moved to approve the meeting minutes from the Friday, November 7, 2014 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Financial Statements - Period Ending October 31, 2014 No LBRA financial statements were presented at this time, as the City of Lansing is working on closing out the previous fiscal year-end. LBRA Audited Financial Statements (Action) Dorshimer reintroduced Stephen Blann & Will Love of Rehmann, who provided an overview of the LBRA Audited Financial Statements, period ending June 30, 2014. The following was noted: • Review of Independent Auditors Report of LBRA Audited Financials • Clean and unmodified opinion found on the Independent Auditors Report • Budgeted to breakeven for fiscal year 2014 • No material weaknesses or insufficiencies found in this audit Motion: Garcia moved to approve the LBRA Audited Financial Statements ending June 30, 2014, as presented with changes made to the wording of authorized signatures (request made by O'Malley). Motion seconded by Johnson. Yeas: Unanimous. Motion carried. Other Business None. Public Comment None. Adjournment Chair Jones declared the meeting adjourned at 8:38 a.m. c /�, V-41 " v Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP)