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Home My WebLink About2018 LBRA minutesLansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, March 2, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, Calvin Jones, Blake Johnson, Mayor Andy Schor, Kimberly Coleman, Pierre LaVoie Members Absent: James Butler III, Thomas Donaldson, Shelley Davis Temp Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith, Kris Klein Guests: Brian McGrain, City of Lansing Brian Lefler, Robert E. Baird Co. Janet Michaluk, State of Michigan Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the meeting to order at 8:36 a.m. Chair Ragan asked Parsons to complete rollcall. Rollcall was completed and recorded. Approval of LBRA Meeting Minutes - Friday, February 2, 2018 Motion: Jones moved to approve the LBRA meeting minutes from the Friday, February 2, 2018 LBRA Board of Director's meeting. Motion seconded by Coleman. Yeas: Unanimous. Motion carried. Red Cedar Renaissance (Update) Dorshimer introduced Bob Trezise, LEAP and Steve Willobee, LEAP, who provided an update on the Red Cedar Renaissance project noting the following: • Overview/history provided of this large-scale ongoing project • Continental Development was chosen as the developer for this project • Three (3) Charrettes took place in the surrounding neighborhoods for the project • Proposing to build a world-class global village, which will include residential, commercial, senior and student housing $77.9 million dollars to make the property ready to be built on ($67 million dollars/86% of infrastructure is the responsibility of the developer) • Developer will spend $2.2 million dollars on the property (up -front) • Total project cost is estimated at $242 million dollars Estimated to create 388 new direct jobs • This project will come before the LBRA Board for approval of a Brownfield/TIF Plan • The development agreement was signed by the developer and recently presented to the Lansing City Council (Monday, February 26, 2018) • Working with MEDC to assist with the approval for the capturing of TIF's 0 $80 million dollars of prevailing wage expected for this large-scale project Hoping to begin construction in 2019 (groundbreaking in the Fall of 2018 for plinth work), with entire project expected to be completed in 2020 This project is now in the hands of the Lansing City Council and the public. Next -steps include Lansing City Council setting -up public hearings. An update was provided on the legal issues (lawsuit) over the Red Cedar property that is currently in Federal Court and this will not have an impact on the project or LBRA board. Project Updates Metro -Place (YMCA) Project- This week the Michigan Strategic Fund (MSF) Board approved their Brownfield plan and tax credits, which allows them to move forward to request funding from HUD for this large-scale mixed-use project. A handout was provided by Dorshimer that outlined the Project Cash Flow. McGrain noted that there are other proposed projects in this area that will also help transform the SW part of downtown Lansing, Open Forum for LBRA Board Members Jones: Inquired if there are any upcoming Brownfield conferences that the board could possibly be part of. Chair Ragan asked LEAP staff to look into this further and report back. Other Business None. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:22a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, February 2, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, James Butler III, Shelley Davis, Calvin Jones, Blake Johnson, Mayor Andy Schor, Tom Donaldson Members Absent: Kimberly Coleman, Pierre LaVoie Temp Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith, Kris Klein Guests: Samantha Harkins, City of Lansing Brian McGrain, City of Lansing Julie Lawton-Essa, Y -Site LLC Eric Helzer, Advance Development Solutions Janet Michaluk, State of Michigan Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the meeting to order at 8:51 a.m. Meeting adjourned: 9:15 AM Meeting convened: 10:00 AM Approval of LBRA Meeting Minutes - Friday, December 8, 2017 Motion: Jones moved to approve the LBRA meeting minutes from the Friday, December 8, 2017 LBRA Board of Director's meeting. Motion seconded by Johnson. Yeas: Unanimous. Motion carried. Y -Site EPA Revolving Loan Fund Loan Agreement Amendment (Action) Dorshimer reintroduced Julie Lawton-Essa, Y -Site LCC and Eric Helzer, Advance Development Solutions, who provided an update on the Y -site LCC project (old YMCA site), Metro Place Apartments. Lawton-Essa provided an overview of the project and the recent application submission to HUD and are working closely with MEDC for parallel financing along with the LEDC. Helzer provided a handout (Metro Place Apartments - Project Summary, February 2, 2018) and overview of the funding and environmental needs for this large-scale project and noted that this will include 100% prevailing wage. Discussion occurred over the Revolving Loan Funds (RLF) terms and parking needs, Lawton-Essa noting that there are 154 parking spaces that will be available for this project. Discussion ensued. Motion: Jones moved to approve the extension of the loan terms from October 31, 2014 to June 1, 2034 for the Y -Site LLC project, as presented. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Project Updates Red Cedar Renaissance Project: The development agreement for this large-scale project is being finalized and the Brownfield Plan will come before this board in the near future. Lansing City Hall: LEAP and the LEDC continue to work closely with the City of Lansing and CBRE I Martin on this large-scale project. Mr. Taco: Waiting for the loan to get finalized. Dorshimer and/or Klein will report back at a future meeting. Walter French Building: This historic building, previously owned by the Eydes, is going to be redeveloped into a mixed-use development by the Capital Area Housing Partnership. Open Forum for LBRA Board Members Jones: Inquired if there any action required after the recent conference this week with Governor at The Wing LBRA project. Ragan advised NO, nothing needs to be done at this time by the LBRA Board. Other Business None. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 10:10 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 2 LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA), Lansing, Michigan, held on Friday, February 2, 2018 at 8:30 a,m., pursuant to notice duly given: MEMBERS PRESENT: Chair Andrea Ragan, James Butler III, Blake Johnson, Mayor Andy Schor, Shelley Davis, Calvin Jones, Thomas Donaldson MEMBERS ABSENT: Pierre LaVoie, Kimberly Coleman The following preamble and resolution was offered by; MEMBER: Jones and seconded by, MEMBER: Butler WHEREAS, the City of Lansing approved Brownfield Plan #54 (Plan #54) in support of the Reutter Park Place Project on June 13, 2011; and WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA) entered into a Brownfield Fund Loan Agreement (Agreement) on October 31, 2014; and WHEREAS, the Developer (Y -Site, LLC) has diligently pursued financing for the projects for the previous three years, and WHEREAS, Y -Site, LLC is in the final stages of receiving project financing from the U. S. Department of Housing and Urban Development (HUD), and additional development incentives from the Michigan Economic Development Corporation (MEDC); and WHEREAS, to receive financing and complete the Reutter Park Place Project, Y -Site, LLC has asked the LBRA for the extension of the loan term period contained in the Agreement, NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY RESOLVES AS FOLLOWS The Lansing Brownfield Redevelopment Authority Board of Directors approves the extension of the loan term in the Agreement from October 31, 2021 to June 1, 2034. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Zero (0) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a regular meeting of the Lansing Brownfield Redevelopment Authority held on Friday, February 2, 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. ndrea Ragan, 6hair LEDC Board of Director 0 Friday February 2, 2018 Date Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, April 13, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, Calvin Jones, Blake Johnson, Mayor Andy Schor, Kimberly Coleman, Shelley Davis, Thomas Donaldson, Members Absent: James Butler III Temp Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith, Kris Klein, Joe Carr, Guests: Brian McGrain, City of Lansing Angela Bennett, City of Lansing Eric Helzer, Advance Development Solutions John Peckham, Advance Development Solutions Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 8:48 a.m. LBRA Meeting Reconvened at: 9:36 a.m. LBRA Meeting Adjourned at: Approval of LBRA Meeting Minutes - Friday, March 2, 2018 Motion: Jones moved to approve the LBRA meeting minutes from the Friday, March 2, 2018 LBRA Board of Director's meeting. Motion seconded by Davis. Yeas: Unanimous. Motion carried. LBRA Financial Statements - Period Ending February 28, 2018 Smith provided an overview of the LBRA Financial Statements, period ending February 28, 2018, noting that the Brownfield loans are growing, and we will be utilizing these funds more in the future. The LBRA expenditures and revenues are for the summer capture only. Discussion ensued. Motion: Coleman moved to receive the LBRA Financials, period ending February 28, 2018, as presented and place on file. Motion seconded by Donaldson. Yeas: Unanimous. Motion carried. Resolutions: Dorshimer presented two Resolutions required to approve the FY 2018-2019 LBRA budget. Resolution I - MDEQ Loan/Grant: Motion: Jones moved to approve the Resolution to amend the FY 2017-2018 LBRA Budget (Add Info Here) as presented and place on file. Motion seconded by Davis. Yeas: Unanimous. Motion carried. Resolution II- Brownfield Plans: Motion: Johnson moved to approve the Resolution to amend the FY 2017-2018 LBRA Budget to, as presented and place on file. Motion seconded by Davis. Yeas: Unanimous. Motion carried. LBRA FY 2018-2019 Budget (Action) Dorshimer presented the LEDC Budget FY -2018-2019 for the LIBRA board's approval. He provided an overview of FY 2018-2019 budget noting that Kris Klein, LEAP, has done an - incredible job on keeping track of the Brownfield Plans and working closely with Smith on necessary budget amendments and updates. Dorshimer noted this is another strong budget and continues to grow. Discussion ensued. Motion: Davis moved to approve the FY 2018-2019 LBRA Budget, as presented. Motion seconded by Donaldson. Yeas: Unanimous. Motion carried. Resolution to Amend the February 2, 2018 Y -Site EPA Brownfield Fund Loan Agreement Dorshimer provided an overview of the Resolution to amend the February 2, 2018 Y -Site EPA Brownfield Fund Loan Agreement, noting that this was necessary to shorten the loan term in the February 2, 2018 Brownfield Loan Agreement from June 1, 2034 to June 1, 2030. He noted that the developer has received two strong letters of commitment and are close to obtaining financing for the project. Discussion ensued. Motion: Davis moved to approve the Resolution to amend February 2, 2018 Y -Site EPA Brownfield Fund Loan Agreement, as presented and place on file. Motion seconded by Jones. Yeas: Unanimous. Motion carried. The Wing - Brownfield Plan #70 (Update) Dorshimer provided a brief update of The Wing, Brownfield Plan #70 and reintroduced Eric Helzer, Principal, Advance Redevelopment Solutions, who provided a presentation (update) on Brownfield Plan #70. The following points of interest were noted during Helzer's presentation: • Project Location: 735 E Hazel Street, Lansing, MI • This is a mixed-use redevelopment project close to REO Town and near the core downtown district with quick access to the highway • Project site is 3.22 acres • The property has been used as commercial industrial since 1914 • Estimated investment of $18 million dollars into the City of Lansing • Project will create between 35-50 direct full-time jobs in Lansing • Hoping to begin construction by Summer 2018 with expected completion in 2020 • Next steps include preparing a full application to secure a grant from the MDEQ and LEDC • Prepare and submit to the LBRA & City of Lansing a Brownfield Plan for local and state fax increment revenue capture Additionally, Helzer provided an overview of another City of Lansing project: REO Gateway LLC (Extended Stay Hotel & Restaurant). He noted the following during his presentation: • Project Location: 112 E Main Street & 136 E Malcom X Street, Lansing, MI • This project is the gateway to REO Town and near the core downtown district with quick access to the highway • Location sits on the Grand River (waterfront property) • Estimated investment of $25 million dollars into the City of Lansing • Project may create up to 50 direct full-time jobs, dependent on final tenant mix • Project will have surface parking and an integrated parking structure (Home2 Suites by Hilton) • Construction proposed to begin in Fall 2018 and be completed in 2020 Open Forum for LBRA Board Members Action Item: Chair Ragan at the request of Secretary Jones, asked that an update on Red Cedar project take place at the Friday, May 4, 2018 LBRA Board of Directors meeting. Other Business None. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:03 a.m. -------- . .. ... ..... Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 3 LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority, Lansing, Michigan, held on the 131h day of April 2018, at 8:30 a.m., pursuant to notice duly given: Members Present: Andrea Ragan, Blake 'Christopher' Johnson, Calvin Jones, Mayor Andy Schor, Kimberly Coleman, Shelley Davis, Thomas Donaldson Members Absent: James Butler III The following preamble and resolution was offered by; Member: Jones , and seconded by: Member: Davis WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA), as the Applicant, has been awarded Michigan Department of Environmental Quality (MDEQ) Revitalization Revolving Loan (Loan) funds of $500,000, and MDEQ Redevelopment Grant (Grant) funds of $500,000, totaling a combined amount of $1,000,000 (Funds); and WHEREAS, the LBRA desires to use the Funds is to assist 2200 Block, LLC (Developer) in the redevelopment of the adjacent parcels located at 2216 and 2224 East Michigan Avenue identified as Parcel No. 33-01-01-14-304-401 and Parcel No. 33-01-01-14-304-391, respectively, (Property) as specified in Brownfield Plan #67 - 2200 Block Redevelopment Plan (Plan), and WHEREAS, the Funds are to be used for brownfield activities on the Providence Place Brownfield Redevelopment Project (Project) as described in the Loan and Grant contracts both executed on February 1, 2018 between the LBRA and the MDEQ; and WHEREAS, the 2017/2018 budget will need to be amended to reflect this new revenue source in the amount of $500,000 for the Loan and $500,000 for the Grant. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY AS FOLLOWS: The Lansing Brownfield Redevelopment Authority Board of Directors approves amending the 2017/2018 budget to reflect the receipt and appropriation of funding in the amount of $1,000,000 to be used for brownfield activities on the Providence Place Brownfield Redevelopment Project, YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: One (1) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a regular meeting of the Lansing Brownfield Redevelopment Authority held on the 131x1 day of April, 2018, and said resolution is on file in the office of Lansing Economic Area Partnership and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board=s By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secr tary LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority, Lansing, Michigan, held on the 13th day of April, 2018, at 8:30 a.m., pursuant to notice duly given: Members Present: Andrea Ragan, Blake 'Christopher' Johnson, Calvin Jones, Mayor Andy Schor, Kimberly Coleman, Shelley Davis, Thomas Donaldson Members Absent: James Butler III The following preamble and resolution was offered by; Member: Johnson and seconded by Member: Davis WHEREAS, the Lansing City Assessor's Office provides tax capture projections on all Brownfield Plans for the Lansing Brownfield Redevelopment Authority's (LBRA) budget preparation; and WHEREAS, at the end of the fiscal year, Brownfield Plan expenses cannot exceed Brownfield Plan revenues; and WHEREAS, Brownfield Plans #2 Motor Wheel, #5 East Village (formerly BTS), #19 Styleline, #20 Lorann Oils, #30 Brownfield Development Specialist, #37 Cedar Street School, #40 Pointe North, #42 Nu Union, #52 Marketplace Partner, #56 Emergent BioSolution, #58 High Grade Materials, #60 Rise Properties, #61 Feldkouts, #62 Oliver Towers, #63 2000 Block, #65 South Street, had higher tax capture revenues with corresponding expenses than projected as outlined in the attached 2017/2018 budget amendment; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY AS FOLLOWS: The Lansing Brownfield Redevelopment Authority Board of Directors approves amending the 2017/2018 LBRA budget to reflect the increased revenues and corresponding expenses on Brownfield Plans stated above and as outlined in the attached budget amendment. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: One (1) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a regular meeting of the Lansing Brownfield Redevelopment Authority (LBRA) held on Friday, April 13, 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors (Original Resolution Presented/Approved on: February 2, 2018) At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA), Lansing, Michigan, held on Friday, April 13, 2018 at 8:30 a.m., pursuant to notice duly given: Members Present: Andrea Ragan, Blake 'Christophe r'Johnson, Calvin Jones, Mayor Andy Schor, Kimberly Coleman, Shelley Davis, Thomas Donaldson Members Absent: James Butler III The following preamble and resolution was offered by; Member: Johnson and seconded by, Member: Coleman WHEREAS, the City of Lansing approved Brownfield Plan #54 (Plan #54) in support of the Reutter Park Place Project on June 13, 2011; and WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA) entered into a Brownfield Fund Loan Agreement (Agreement) on October 31, 2014; and WHEREAS, the Developer (Y -Site, LLC) has diligently pursued financing for the projects for the previous three years, and WHEREAS, Y -Site, LLC is in the final stages of receiving project financing from the U. S. Department of Housing and Urban Development (HUD), and additional development incentives from the Michigan Economic Development Corporation (MEDC); and WHEREAS, to receive financing and complete the Reutter Park Place Project, Y -Site, LLC has asked the LBRA for the extension of the loan term period contained in the Agreement. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY RESOLVES AS FOLLOWS The Lansing Brownfield Redevelopment Authority Board of Directors approves the reduction of the loan term in the Agreement from June 1, 2034 to June 1, 2030. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: One (1) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a regular meeting of the Lansing Brownfield Redevelopment Authority held on the 13th day of April, 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, May 4, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, Calvin Jones, Blake Johnson, Mayor Andy Schor, Kimberly Coleman, Shelley Davis, Thomas Donaldson, Fred Schaible Members Absent: James Butler III Temp Members Present: None Staff Present: Karl Dorshimer, Marchelle Smith, Kris Klein, Joe Carr Guests: Brian McGrain, City of Lansing Janet Michaluk, State of Michigan DEQ Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 9:59 a.m. Approval of LBRA Meeting Minutes - Friday, April 13, 2018 Motion: Schaible moved to approve the LBRA meeting minutes from the Friday, April 13, 2018 LBRA Board of Director's meeting. Motion seconded by Coleman. Yeas: Unanimous. Motion carried. Red Cedar Renaissance Project (Update) Dorshimer provided a brief update on the Red Cedar Renaissance Project. He advised the Lansing City Council would be taking up the matter at its June 4, 2018 City Council meeting. Chair Ragan advised she would like the full LBRA board to have an in-depth presentation/update regarding this project. She inquired what the LBRA Board's responsibility for this project is. Dorshimer advised that Bob Trezise, LEAP President & CEO, had previously given the LEDC Board a detailed update and there is nothing new to report. McGrain noted the developer continues to have discussions with labor regarding the project. Discussion ensued. ACTION ITEM: Chair Ragan requested Dorshimer provide a detailed email update to the LBRA Board of Directors. Discussion ensued on holding a Board Retreat in mid-August and/or call a special meeting as needed. Brownfield Redevelopment Program (Presentation) Due to timing and missing LBRA Board of Directors members, this agenda will be presented at a future LBRA Board of Directors Meeting. 1 Open Forum for LBRA Board Members None. Other Business None, Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 10:15 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 2 Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, June 1, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, James Butler III, Calvin Jones, Blake Johnson, Kimberly Coleman, Thomas Donaldson, Fred Schaible Members Absent: Mayor Andy Schor, Shelley Boyd Temp Members Present: None Staff Present: Karl Dorshimer, Kris Klein, Joe Carr Guests: Janet Michaluk, State of Michigan DEQ Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 10:13 a.m. Approval of LBRA Meeting Minutes - Friday, May 4, 2018 Motion: Schaible moved to approve the LBRA meeting minutes from the Friday, May 4, 2018 LBRA Board of Director's meeting. Motion seconded by Coleman. Yeas: Unanimous. Motion carried. Approval to Accept Changes to the Terms of LBRA Loan to Belen Buildings Brownfield Plan #68 (Action) Dorshimer provided a brief overview of the LBRA loan agreement to Belen Buildings (Brownfield Plan #68), which was amended to confirm the loan will work with he developers intent to use Property Assessed clean Energy (PACE) funding. Motion: Jones moved to approve the changes to the terms of the LBRA loan to Belen Buildings (Brownfield Plan #68), as presented. Motion seconded by Donaldson. Yeas: Unanimous. Motion carried. Open Forum for LBRA Board Members Jones: Requested an update on the YMCA project. Dorshimer advised they are working with the developer to amend the Agreement in consideration of development incentives to allow more time for project completion. Helzer noted the closing is set for mid-July 2018. Action Item: Jones requested that an update on the YMCA site project be provided at the next LBRA meeting. 1 Other Business None. Public Comment None, Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 10:23 a.m. Z/� - Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority held on Friday, June 1, 2018 at 8:30 a.m., pursuant to notice duly given: MEMBERS PRESENT: Andrea Ragan, James Butler III, Blake Johnson, Calvin Jones, Thomas Donaldson, Kimberly Coleman, Frederik Schaible MEMBERS ABSENT: Mayor Andy Schor, Shelley Boyd The following preamble and resolutions were offered by: MEMBER: Jones, seconded by: MEMBER: Donaldson WHEREAS Brownfield Plan #68 — Belen Buildings Redevelopment Project (Plan) was approved by the Lansing Brownfield Redevelopment Authority (LBRA) on April 7, 2017 and the Lansing City Council on June 12, 2017, and WHEREAS, the LBRA on November 8, 2017 entered into an Accelerated Reimbursement Secured Loan Agreement (LSRRF Agreement) pursuant to the Plan, with 515 Ionia, LLC (Developer) to loan up to $220,420 from the LBRA Local Brownfield Redevelopment Fund (LBRF) to be repaid to the LBRA from tax capture generated by private investment per the Plan (Attachment A), and WHEREAS, the LSRRF Agreement gives the LBRA the right to place a mortgage on the project property in the event that tax capture is insufficient to repay the Accelerated Reimbursement Secured Loan, and WHEREAS, the Developer is seeking financing for the project which includes a $236,538 loan through the Property Assessed Clean Energy (PACE) program with Counterpointe Sustainable Real Estate (Pace Lender), and WHEREAS, the PACE Lender has notified the LBRA and Developer if a mortgage in the full amount allowed by the LSRRF Agreement were to be placed on the project property, it would cause the project's overall loan to value ratio to exceed the maximum of 90% allowed by the PACE Lender, and WHEREAS, the LBRA desires to see the Developer receive PACE financing and undertake the redevelopment project, and WHEREAS, the LBRA staff has determined projected tax capture revenues support an assumption that the likely maximum LBRA loan amount for which mortgage security is required, when added to the two institutional mortgage loans existing or to be made, will yield a loan to value ratio of 90%, thereby making the project eligible for PACE financing. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: The LSRRF Agreement is amended to provide "The amount of the LBRA Accelerated Reimbursement Loan Balance secured by the LBRA mortgage lien created herein shall not exceed an amount equal to: A. 90% of the Market Value of the Property after completion of all construction activities, as calculated by Developer and the lenders providing financing, B. minus the sum of the secured loan principal balances and unpaid accrued interest owed to Michigan State University Federal Credit Union and Counterpointe Sustainable Real Estate, C. As such mortgage lien amount may be adjusted from time to time, but in no event shall the amount of the mortgage lien be more than the outstanding principal balance plus accrued interest owed under the LSRRF Agreement." Additionally, the LBRA agrees that if any section, clause or phrase of this Resolution is declared as invalid by a court of law, that ruling shall not affect the intent and purpose of this Resolution and validity of the remaining provisions of the Resolution. Finally, the LBRA declares that all resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are repealed. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Two (2) PREAMBLE AND RESOLUTIONS DECLARED ADOPTED. STATE OF MICHIGAN ) ) ss. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and a complete copy of a preamble and resolutions adopted at a regular meeting of the Lansing Brownfield Redevelopment Authority (LBRA) of the City of Lansing held on the 1st day of June 2018, and said preamble and resolutions are on file in the office of the Economic Development Corporation of the City of Lansing and are available to the public. Public notice of the meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting, In addition, the meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature this 11t day of June 2018. Calvin Jones, Secretary Friday June 1 2018 Date 08742:01673:3677982-1 Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, July 13, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Members Absent: Temp Members Present. Staff Present: Guests: Public Present: Recorded by: Call to Order Andrea Ragan, Calvin Jones, Blake Johnson, James Butler III, Thomas Donaldson, Mayor Andy Schor, Shelley Boyd Kimberly Coleman, Fred Schaible None Karl Dorshimer, Kris Klein, Joe Carr Dave Van Haaren, Triterra Dawn Van Halst, Triterra Julie Lawton, Y -Site LLC Nick Kowieski, Monroe Residential Services None Tedi R. Parsons, LEAP Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 8:34 a.m. Approval of LBRA Meeting Minutes - Friday, June 1, 2018 Motion: Jones moved to approve the LBRA meeting minutes from the Friday, June 1, 2018 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. Approval of Brownfield Plan #73- 3600 Dunckle Road (Action) Dorshimer provided a brief overview of Brownfield Plan #73 - 3600 Dunckle Road and introduced Dave Van Haaren, Triterra, Dawn Van Halst, Triterra, and Nick Kowieski, Monroe Residential Partners, who provided a presentation. The following points were noted during Van Haaren's presentation: • Project Name: Volaris Lansing - Applicant: WP Lansing -MI Owner, LLC • Project is located at 3600 Dunckle Road, Lansing, MI and 100% owned by Waypoint Residential LLC • Current property is functionally obsolete • Overview of project owner/organization (Waypoint Residential LLC) and developer (Monroe Residential Partners) • Overview of ALTA Survey and project site plan • Project cost: $52 million dollars • Project projected to generate 5-8 new full-time equivalent (FTE) jobs and 200 temporary construction related jobs • This project is geared towards professionals and not student housing 1 • Van Haaren: Provided overview of Statement of Obsolescence • Van Haaren: Overview of eligible activities • Van Haaren: Overview of new taxes captured for eligible activies • Van Haaren: Overview of proposed Brownfield Plan and eligible TIF and Brownfield activities, which will start in 2019 Discussion ensued over the process for Brownfields and project Development Agreement. Motion: Boyd moved to approve the Resolution for Brownfield Plan #73 - 3600 Dunckle Road, as presented. Motion seconded by Jones. Yeas: Unanimous. Motion carried. Open Forum for LBRA Board Members None, Other Business Y -Site LLC: Julie Lawton-Essa provided an update on this large-scale project noting that the project finance interest rate changed becuase the federal interest rate changed. She advised that project is being financed through a Green Program, which helped decrease the amount of cash needed at close. The Green Program application has been approved by HUD and are waiting for the final closing date. Lawton provided an overview of what the Green Program entails. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:19 a.m. Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) OA, THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY (LBRA) Resolution Recommending Approval of Plan #73 3600 Dunckel Road - Redevelopment Project At a meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) City of Lansing, Michigan, held on the 13th day of July, 2018, at 8:30 a.m., pursuant to notice duly given: PRESENT: Members: Andrea Ragan, James Butler III, Christopher 'Blake' Johnson, Calvin Jones, Mayor Andy Schor, Thomas Donaldson, Shelley Boyd ABSENT: Members: Kimberly Coleman, Frederick Schaible The following preamble and resolution was offered by; Member: Boyd, and seconded by: Member: Jones WHEREAS, The LBRA staff has worked closely with representatives of WP Lansing -MI Owner, LLC (Developer) to draft Brownfield Plan #73 (Plan); and WHEREAS, The LBRA staff has duly reviewed such Plan and has found it to be in compliance with the provisions of the Act and meets the following determinations and findings: 1. The Plan constitutes a public purpose under the Act; 2. The Plan meets all of the requirements for a brownfield plan set forth in Section 13 of the Act; 3. The proposed method of financing the cost of the eligible activities, as described in the Plan, is feasible and the Authority has the ability to arrange the financing; 4. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act; and 5. The amount of the captured taxable value estimated to result from the adoption of the Plan is reasonable; and WHEREAS, The LBRA staff recommends approval of the Plan: NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The Brownfield Plan described as Brownfield Plan #73 — 3600 Dunckel Road - Redevelopment Project in the form filed herewith is hereby approved by the Lansing Brownfield Redevelopment Authority and recommended for consideration by the City Council of the City of Lansing pursuant to Act 381 of Michigan Public Acts of 1996, as amended. 2. The LBRA Board hereby requests that the Lansing City Council, after required notification as specified by the Act, hold a public hearing in consideration of this matter, and subsequently approve the Plan. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Two (2) RESOLUTION DECLARED ADOPTED. STATE OF MICHIGAN ) ) SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a meeting of the Brownfield Redevelopment Authority held on the 13th day of July 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary LEDC Board of Directors Lansing Brownfield Redevelopment Authority Board of Director's Special Meeting Minutes Friday, August 10, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, Calvin Jones, James Butler III, Thomas Donaldson, Mayor Andy Schor, Kimberly Coleman, Frederick Schaible Members Absent: Shelley Boyd, Christopher 'Blake' Johnson Temp Members Present: None Staff Present: Karl Dorshimer, Kris Klein, Anum Mughal Guests: Eric Helzer, Advance Redevelopment Solutions Jonathan Branoff, True North Development John R, Peckham, Advance Redevelopment Solutions Public Present: None Recorded by: Tedi R. Parsons, LEAP Call to Order Chair Ragan welcomed everyone and called the Special Meeting of the LBRA Board of Directors to order at 8:32 a.m. Chair Ragan asked Parsons to conduct rollcall. Rollcall was completed and recorded. Chair Ragan introduced new LEAP staff member Anum Mughal, Economic -Development Chair Ragan noted there will be an agenda change: removal of LBRA Financial Statements, Period Ending June 30, 2018, which will be presented at the next LBRA Board of Directors meeting. Parsons noted that the date for the LBRA Financial Statements was incorrect on the board packets sent prior to the meeting. This date has been corrected and the amended agenda is on file. Approval of LBRA Meeting Minutes - Friday, April 13, 2018 Motion: Jones moved to approve the LBRA meeting minutes from the Friday, April 13, 2018 LBRA Board of Director's meeting. Motion seconded by Coleman. Yeas: Unanimous. Motion carried. Approval of Brownfield Plan #70- 735 Hazel Street Redevelopment Project (Action) Dorshimer provided a brief overview of Brownfield Plan #70 - 735 Hazel Street Redevelopment Project, formerly known as The Wing, and introduced Eric Helzer, Advance Redevelopment Solutions, and Jonathan Branoff, True North Development, who provided a presentation, The following points were noted during Van Haaren's presentation: • Overview and property history of the project site at 735 Hazel Street, Lansing, MI • Approximately $800 per month for 400 square foot micro -units • Three different banks who want to invest/finance this large-scale project • Overview of the next -steps for the Brownfield TIF incentive • Plans to have the final Brownfield Plan to the LBRA Board of Directors to be presented at the December 2018 LBRA meeting Discussion ensued over the financing (public) for this project and what this will mean for the City of Lansing. Mayor Schor noted that he wants to take a reasonable risk to invest in the revitalization of this neighborhood, which will create positive change for future Lansing developments. Motion: Schaible moved to approve the Resolution for Brownfield Plan #70 - 735 Hazel Street Redevelopment Project, as presented. Motion seconded by Butler, Yeas: Unanimous. Motion carried. Former EDS Building Redevelopment Project (Update) Dorshimer provided an update on the EDS Building Redevelopment Project noting the Brownfield Plan for this project will be coming in front of the LBRA board next month. He noted that this another great way to use the Brownfield Plan to improve the overall public infrastructure improvement. Open Forum for LBRA Board Members Jones: Inquired about Eastern High School. Mayor noted that this is now owned by Sparrow Health System and waiting for their final plans to be revealed. Other Business None. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:24 a.m. Jz? Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 2 THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Resolution Recommending Approval of Plan #70 735 Hazel Street Redevelopment Project At a Special Meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) Lansing, Michigan, held on the 10th day of August 2018, at 8:30 a.m,, pursuant to notice duly given: PRESENT: Members: ABSENT: Members: The following preamble and resolution was offered by; Member: Member: WHEREAS, The LBRA staff has worked closely with representatives of 735 Hazel, LLC (Developer) to draft Brownfield Plan #73 (Plan); and WHEREAS, The LBRA staff has duly reviewed such Plan and has found it to be in compliance with the provisions of the Act and meets the following determinations and findings: 1. The Plan constitutes a public purpose under the Act; 2. The Plan meets all of the requirements for a brownfield plan set forth in Section 13 of the Act; 3. The proposed method of financing the cost of the eligible activities, as described in the Plan, is feasible and the Authority has the ability to arrange the financing; 4. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act; and 5. The amount of the captured taxable value estimated to result from the adoption of the Plan is reasonable; and WHEREAS, The LBRA staff recommends approval of the Plan: NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The Brownfield Plan described as Brownfield Plan #70 — 735 Hazel Street Redevelopment Project in the form filed herewith is hereby approved by the Lansing Brownfield Redevelopment Authority and recommended for consideration by the City Council of the City of Lansing pursuant to Act 381 of Michigan Public Acts of 1996, as amended. 2. The LBRA Board hereby requests that the Lansing City Council, after required notification as specified by the Act, hold a public hearing in consideration of this matter, and subsequently approve the Plan. YEAS: NAYS: ABSTENTIONS: ABSENT: RESOLUTION DECLARED ADOPTED. STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a Special Meeting of the Brownfield Redevelopment Authority held on the 10th day of July 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. , Secretary THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Resolution Recommending Approval of Plan #70 735 Hazel Street Redevelopment Project At a Special Meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) Lansing, Michigan, held on the 10th day of August 2018, at 8:30 a.m., pursuant to notice duly given: PRESENT: Members: Andrea Ragan, James Butler III, Calvin Jones, Mayor Andy Schor, Kimberly Coleman, Thomas Donaldson, Frederick Schaible ABSENT: Members: Christopher 'Blake' Johnson, Shelley Boyd The following preamble and resolution was offered by; Member: Schaible, and seconded by: Member: Butler WHEREAS, The LBRA staff has worked closely with representatives of 735 Hazel, LLC (Developer) to draft Brownfield Plan #70 (Plan); and WHEREAS, The LBRA staff has duly reviewed such Plan and has found it to be in compliance with the provisions of the Act and meets the following determinations and findings: 1. The Plan constitutes a public purpose under the Act; 2. The Plan meets all of the requirements for a brownfield plan set forth in Section 13 of the Act; 3. The proposed method of financing the cost of the eligible activities, as described in the Plan, is feasible and the Authority has the ability to arrange the financing; 4. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act; and 5. The amount of the captured taxable value estimated to result from the adoption of the Plan is reasonable; and WHEREAS, The LBRA staff recommends approval of the Plan: NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The Brownfield Plan described as Brownfield Plan #70 — 735 Hazel Street Redevelopment Project in the form filed herewith is hereby approved by the Lansing Brownfield Redevelopment Authority and recommended for consideration by the City Council of the City of Lansing pursuant to Act 381 of Michigan Public Acts of 1996, as amended. 2. The LBRA Board hereby requests that the Lansing City Council, after required notification as specified by the Act, hold a public hearing in consideration of this matter, and subsequently approve the Plan. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Two (2) RESOLUTION DECLARED ADOPTED. STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a Special Meeting of the Brownfield Redevelopment Authority held on the 10'h day of July 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. c aloin Jones, S cretary LEDC Board of Directors Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, September 7, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Members Present: Andrea Ragan, Calvin Jones, Blake Johnson, James Butler III, Shelley Boyd, Fred Schaible Members Absent: Mayor Andy Schor, Kimberly Coleman, Thomas Donaldson Temp Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order None Karl Dorshimer, Marchelle Smith, Kris Klein, Anum Mughal Dave Van Haaren, Triterra Dawn Van Halst, Triterra Joseph Lese, Mitsch Design Janet Michaluk, State of Michigan DEQ Shu Yang, Michigan State University Yongyi Zhang, Michigan State University Amanda Wakefield, Michigan State University Alex Huizen, Michigan State University Chanelle Russ, Michigan State University None Tedi R. Parsons, LEAP Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 8:34 a.m. Parsons Chair Ragan reintroduce Janet Michaluk, State of Michigan -DEQ, who provided introductions of her guests (students from MSU) who are working on a project that includes the planning of a redevelopment project for the former Lansing GM site (Plant #2 & Plant #6) Approval of LBRA Meeting Minutes - Friday, August 10, 2018 Motion: Schaible moved to approve the LBRA meeting minutes from the Friday, August 10, 2018 LBRA Board of Director's meeting. Motion seconded by Butler. Yeas: Unanimous. Motion carried. LBRA Financial Statements - Period Ending June 30, 2018 Smith provided an overview of the LBRA Financial Statements, period ending June 30, 2018, noting that this is the year-end LBRA financials. She advised the financials will not be complete until the LBRA audit is completed in October 2018. Discussion ensued, Motion: Jones moved to receive the LBRA Financials, period ending June 30, 2018, as presented and place on file. Motion seconded by Schaible, Yeas: Unanimous. Motion carried. Approval of Brownfield Plan #74- 930 W Holmes Road Redevelopment Project (Action) Dorshimer provided a brief history and overview of Brownfield Plan #74 - 930 W Holmes Road Redevelopment Project (former EDS Building), and reintroduced Kris Klein, LEAP. Klein introduced Dave Van Haaren, and Dawn VanHulst TriTerra and Jospeh Lese, Mitsch Design, who provided a two-part presentation. The following points were noted during the two presentations: Part One: Proposed Redevelopment of Site • Overview of the project - existing conditions and future uses • Overview of the Conceptual Site Plan, which includes several site features • Introduction of a proposed pocket park concept, incubator space, lighting and art • Overview of Project Team • Noted Lansing City Council was very receptive Part Two: Brownfield Plan #74 • Midwest Self -Storage Development located at 930 W Holmes Road, Lansing, MI • Eligible Property - Functionally Obsolete • Over 102,206 square footage exists • Overview of Site Plan, including 3D perspectives • Project includes $41,185,550 million dollars in total investment for the complete redevelopment of the property • Projected to generate four (4) full-time jobs • Overview of Brownfield Conditions, Eligible Activities, and Tax Captures Discussion ensued over the project geographical area and what are the future plans for this area. Jones asked that the LBRA Board be kept updated on any other movement/projects in areas where Brownfield projects take place. Chair Ragan provided an opportunity for the MSU students to ask questions and provide input. Discussion ensued. Motion: Schaible moved to approve the Resolution for Brownfield Plan #74 -930 West Holmes Road (former EDS Building site), as presented. Motion seconded by Boyd. Yeas: Unanimous. Motion carried. Open Forum for LBRA Board Members Chair Ragan opened the floor to LBRA Board Members who provided the following announcements/updates: None were provided. Other Business None. Public Comment None. Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:22 a. m, a'� 4— Kar Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY (LBRA) Resolution Recommending Approval of Plan #74 930 W Holmes Road - Redevelopment Project At a meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) City of Lansing, Michigan, held on the 7'h day of September, 2018, at 8:30 a.m., pursuant to notice duly given: PRESENT: Members: Andrea Ragan, James Butler III, Blake 'Christopher' Johnson, Calvin Jones, Shelley Boyd, Frederick Schaible ABSENT: Members: Mayor Andy Schor, Kimberly Coleman, Thomas Donaldson The following preamble and resolution was offered by; Member: Schaible, and seconded by: Member: Boyd WHEREAS, The LBRA staff has worked closely with representatives of 930 W. Holmes, LLC (Developer) to draft Brownfield Plan #74 (Plan); and WHEREAS, The LBRA staff has duly reviewed such Plan and has found it to be in compliance with the provisions of the Act and meets the following determinations and findings: 1. The Plan constitutes a public purpose under the Act; 2. The Plan meets all of the requirements for a brownfield plan set forth in Section 13 of the Act; 3. The proposed method of financing the cost of the eligible activities, as described in the Plan, is feasible and the Authority has the ability to arrange the financing; 4. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act; and 5. The amount of the captured taxable value estimated to result from the adoption of the Plan is reasonable; and WHEREAS, The LBRA staff recommends approval of the Plan: NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The Brownfield Plan described as Brownfield Plan #74 — 930 W. Holmes Rd. - Redevelopment Project in the form filed herewith is hereby approved by the Lansing Brownfield Redevelopment Authority and recommended for consideration by the City Council of the City of Lansing pursuant to Act 381 of Michigan Public Acts of 1996, as amended. 2. The LBRA Board hereby requests that the Lansing City Council, after required notification as specified by the Act, hold a public hearing in consideration of this matter, and subsequently approve the Plan. 3. The LBRA Board also directs its authorized representative(s) to negotiate and enter on the LBRA's behalf any related grant and/or loan agreements to assist the Developer with the project. YEAS: Six (6) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Three (3) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN ) ) SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a meeting of the Brownfield Redevelopment Authority held on the 7th day of September 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By - Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. i Calvin Jones, Secretary LEDC Board of Directors Members Present: Members Absent: Temp Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, November 2, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Andrea Ragan, Calvin Jones, Blake Johnson, Shelley Boyd, Mayor Andy Schor, Kimberly Coleman, Thomas Donaldson Fred Schaible James Butler III None Karl Dorshimer, Marchelle Smith, Kris Klein, Anum Mughal, Dillon Rush Steven Owen, Foster -Swift None Tedi R. Parsons, LEAP Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 9:55 a.m. Approval of LBRA Meeting Minutes - Friday, October 5, 2018 Motion: Schaible moved to approve the LBRA meeting minutes from the Friday, October 5, 2018 LBRA Board of Director's meeting. Motion seconded by Jones. Yeas: Unanimous. Motion carried. LBRA Financial Statements - Period Ending September 30, 2018 Smith provided an overview of the LBRA Financial Statements, period ending September 30, 2018, noting that this is the first quarter LBRA financials. She advised Rehmann-Robson is currently working on the yearend audits and hope to have these brought to the board at the December 2018 LBRA Board of Directors meeting. Discussion ensued. Motion: Donaldson moved to receive the LBRA Financials, period ending September 30, 2018, as presented and place on file. Motion seconded by Johnson. Yeas: Unanimous. Motion carried. Approval of Loan Agreement Brownfield Plan #75 - Capital City Market (ACTION) Dorshimer provided a brief history and overview of Brownfield Plan #75 - Capital City Market, noting that this has been a long negotiation process and the loan agreement has been approved by the City Attorney's office. Dorshimer provided a graph that outlines the flow of grant and loan funds. The LBRA will enter into a loan agreement with the MDEQ for this large scale project. Discussion ensued. Motion: Schaible moved to approve the Resolution for the Loan Agreement for Brownfield Plan #75 - Capital City Market, as presented. Motion seconded by Jones. Yeas: Unanimous. Motion carried. Open Forum for LBRA Board Members Chair Ragan opened the floor to LBRA Board Members who provided the following announcements/updates: None were provided. Other Business None. Public Comment None, Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 10:06 0. M. �--- Kar, Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 2 LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) held on Friday, November 2, 2018 at 8:30 a.m., pursuant to notice duly given: MEMBERS PRESENT: Chair Andrea Ragan, Calvin Jones, Blake Johnson, Shelley Boyd, Mayor Andy Schor, Thomas Donaldson, Frederick Schaible MEMBERS ABSENT: James Butler III, Kimberly Coleman The following preamble and resolutions were offered by: Member: Schaible, and seconded by: Member: Jones WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA) supports the proposed brownfield redevelopment project (Capital City Market) located at 600 East Michigan Avenue (Property) in Lansing, Michigan, and WHEREAS, the City of Lansing Department of Economic Development and Planning has determined the proposed project is consistent with local development and redevelopment plans and zoning ordinances, and WHEREAS, the Capital City Market project will create a four-story mixed used project consisting of an urban market, hotel and market rate residential apartments, with a 48,000 square foot footprint with an additional 35,000 square feet on each of the upper floors, and WHEREAS, The Capital City Market project, will require $25 million in developer investment and an additional $16.5 million by a hotel developer for a total of $41.5 million, create approximately 30 to 50 FTE jobs, and will result in community and municipal benefits of increased property and income taxes and substantial improvement to the appearance and aesthetics of the Property in its current state, and WHEREAS, to complete The Capital City Market project it will require an estimated $4,325,527 of brownfield Eligible Activities; and WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA) previously approved Brownfield Plan #75 — Capital City Market Street - Brownfield Redevelopment Project on October 5, 2018, and WHEREAS, the LBRA to assist with the Capital City market project previously approved by resolution the submittal of an application to the Michigan Department of Environmental Quality (MDEQ), for a grant in the amount of $1,000,000 and a MDEQ loan in the amount of $1,000,000, and WHEREAS, the LBRA also previously approved by resolution accepting the Grant and Loan if awarded by the MDEQ and committed to repaying the actual expenditures of the Brownfield Redevelopment Loan, per a loan agreement with the MEDQ up to $1,000,000, conditional upon the approval of a brownfield redevelopment plan for the project by both the LBRA and the City of Lansing. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The Lansing Brownfield Redevelopment Authority (LBRA Board) approves the Secured Loan Agreement with 600 East Michigan -Lansing, LLC, (Attachment A) in the amount of $1,000,000 conditional upon the approval of Brownfield Plan #75 by the Lansing City Council. 2. Furthermore, the LBRA Board also directs its authorized representative (s) to enter into the above Secured Loan Agreement on the LBRA Board's behalf. 3. Additionally, the LBRA Board agrees that if any section, clause or phrase of this Resolution is declared as invalid by a court of law, that ruling shall not affect the intent and purpose of this Resolution and validity of the remaining provisions of the Resolution. 4. Finally, the LBRA Board declares that all resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are repealed. YEAS: Seven (7) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Two (2) PREAMBLE AND RESOLUTIONS DECLARED ADOPTED. STATE OF MICHIGAN ) ) ss. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and a complete copy of a preamble and resolutions adopted at a regular meeting of the Economic Development Corporation of the City of Lansing held on the 2nd day of November 2018, and said preamble and resolutions are on file in the office of the Economic Development Corporation of the City of Lansing and are available to the public. Public notice of the meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, the meeting was held in full compliance with the Board's Bylaws. IN WITNESS WHEREOF, I have hereunto affixed my official signature this 1st day of June 2018. alvin Jones, Secretary Friday, November 2, 2018 Members Present: Members Absent: Temp Members Present: Staff Present: Guests: Public Present: Recorded by: Call to Order Lansing Brownfield Redevelopment Authority Board of Director's Meeting Minutes Friday, December 7, 2018 - 8:30 a.m. LEAP Office- Executive Boardroom 100 S Washington Avenue, Suite #201 Lansing, MI 48910 Andrea Ragan, Calvin Jones, Shelley Boyd, Fred Schaible, Mayor Andy Schor, Thomas Donaldson Blake Johnson, James Butler III, Kimberly Coleman None Karl Dorshimer, Marchelle Smith, Kris Klein, Anum Mughal, Dave Van Haaren, Triterro Mark Clouse, Eyde Company Brian McGrain, City of Lansing Janet Michaluk, State of Michigan -DEQ None Tedi R, Parsons, LEAP Chair Ragan welcomed everyone and called the LBRA Board of Directors meeting to order at 8:49 a.m. LBRA Audited Financial Statements -YE June 30, 2018 (ACTION) Chair Ragan introduced Will Love, Rehmann Robson who provided an overview of the LBRA Audited Financial Statements Year -End June 30, 2018. He noted the following during his presentation. The following was noted during the presentation: • Overview of Auditors Communication with Those Charged with Governance, noting suggestion that the LBRA Board review the Upcoming Changes in Accounting Standards (Page 3 of 4) • Overview of Independent Auditors Report (Page 3 of 30) another clean audit • Overview of Management Discussion and Analysis (Page 5 of 8) • Overview of Balance Sheet (Page 12 of 30) • Noted the Net Change in Fund Balance on Statement of Revenues, Expenditures and Changes in Fund Balance (Page 14 of 30) • Overview of Notes to Financial Statements (Page 17 - 25) • Overview of Independent Auditors Report on Internal Controls (Page 29 of 30) MOTION: Schaible moved to approve the LBRA Audited Financial Statements - YE June 30, 2018, as presented and placed on file. Motion seconded by Boyd. YEAS: Unanimous, Motion carried. Meeting Adjourned: 8:59 AM Meeting Reconvened: 9:21 AM Approval of LBRA Board Meeting Minutes - Friday, November 2, 2018 MOTION: Schabile moved to approve the LBRA meeting minutes from the Friday, November 2, 2018 LEDC Board of Director's meeting as presented. Motion seconded by Boyd. YEAS: Unanimous. Motion carried. Amendment to Oliver Tower - Brownfield Plan #62 (ACTION) Dorshimer provided a brief history and overview of Brownfield Plan #62 - Oliver Tower noting he was bringing this back to the LBRA Board with an amendment for Brownfield Plan #62- Oliver Tower. He introduced Dave Van Haaren, Triterra and Mark Clouse, Eyde Company, who provided a presentation, noting the following: • Project Name: Oliver Tower Redevelopment Project, located at 310 N Seymour Avenue, Lansing, MI • Brownfield Plan #62 was approved by the City of Lansing on November 9, 2015 • Project is eligible for being deemed Functionally Obsolete • Mixed-use development (8 -story building) • Total TIR Reimbursement and BRA Capture $1,471,110 Clouse noted that the construction fencing is up and all the permits have been filed with the city and demo is currently underway and they are set to meet the deadlines as noted in the timeline. He advise the construction plans have been finalized and the courtyard area has been cleared of all debris and overgrowth, Schaible inquired if the apartments were at market rate and if the retail space will be utilized. Clouse noted yes the apartments are at market rate and they are currently in negotiations with several retail businesses and anticipate this space being filled, Motion: Boyd moved to approve the amendment of Brownfield Plan #62- Oliver Tower, as presented. Motion seconded by Jones. Yeas: Unanimous. Motion carried. Marketplace Development - Riverfront improvements - Brownfield Plan #52 (ACTION) Klein provided a brief history and overview of Marketplace Development - Riverfront Improvements - Brownfield Plan #52, noting that the Capital Area Community Foundation approached the LBRA to request reimbursement for eligible activities for public infrastructure improvement for Rotary Park. Mayor Schor that note there is a clause included in the agreement between the City of Lansing and Vibrant Communities, created by Capital Region Community Foundation, advising that they will use the reimbursed dollars from the LBRA to complete other components of the overall project, Discussion ensued over clean-up efforts and beautification projects taking place along the riverfront. Donaldson inquired about the relationship with Vibrant Cities and their role in this project. Discussion ensued. 2 Motion: Schaible moved to approve entering into a reimbursement agreement for Marketplace Development - Riverfront Improvements - Brownfield Plan #52, with changes noting the agreement is with Vibrant Communities, as presented. Motion seconded by Boyd. Yeas: Unanimous. Motion carried. Recommendation - FY2019 EPA Assessment Grant Application by City of Lansing (ACTION) Klein provided a brief history and overview of FY2019 EPA Assessment Grant Application by the City of Lansing. He noted that the City of Lansing will be the primary applicant and contract with the LBRA to administer the grant. Klein noted that LEAP will lead the regional efforts for the submission of this application and recommends that the City of Lansing be the 'applicant' on behalf of the region (the five -member coalition). Motion: Jones moved to approve FY2019 EPA Assessment Grant Application by the City of Lansing as presented. Motion seconded by Schaible. Yeas: Unanimous. Motion carried. Open Forum for LBRA Board Members Chair Ragan opened the floor to LBRA Board Members who provided the following announcements/updates: None were provided. Other Business None. Public Comment Janet Michaluk: MI DEQ there are programs available at the State of Michigan and Federal to help with Targeted Brownfield Assessments (TBA) and Brownfield Site -Assessment (128A Grant), Adjournment There being no further business, Chair Ragan declared the LBRA meeting adjourned at 9:58 a. M, Karl Dorshimer, Director of Economic Development Lansing Economic Area Partnership (LEAP) 3 THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Resolution Recommending Approval of Amended Plan #62 Oliver Towers - Brownfield Redevelopment Project At a meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) Lansing, Michigan, held on the 7th day of December 2018, at 8:30 a.m., pursuant to notice duly given: PRESENT: MEMBERS: Andrea Ragan, Calvin Jones, Mayor Andy Schor, Shelley Boyd, Thomas Donaldson, Frederick Schaible ABSENT: MEMBERS: James Butler III, Blake Johnson, Kimberly Coleman The following preamble and resolution were offered by; MEMBER: Boyd, and seconded by, MEMBER: Jones WHEREAS, The LBRA staff has worked closely with representatives of George F. Eyde Family, LLC (Developer) to amend Brownfield Plan #62 (Plan); and WHEREAS, The LBRA staff has duly reviewed the amended Plan and has found it to be in compliance with the provisions of the Act and meets the following determinations and findings: 1. The Plan constitutes a public purpose under the Act; 2. The Plan meets all the requirements for a brownfield plan set forth in Section 13 of the Act; 3. The proposed method of financing the cost of the eligible activities, as described in the Plan, is feasible and the Authority has the ability to arrange the financing; 4. The costs of the eligible activities proposed in the Plan are reasonable and necessary to carry out the purposes of the Act; and 5. The amount of the captured taxable value estimated to result from the adoption of the Plan is reasonable; and WHEREAS, The LBRA staff recommends approval of the Plan as amended: NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: The Brownfield Plan described as Brownfield Plan #62 — Oliver Towers - Brownfield Redevelopment Project in the form filed herewith is hereby approved as amended by the Lansing Brownfield Redevelopment Authority and recommended for consideration by the City Council of the City of Lansing pursuant to Act 381 of Michigan Public Acts of 1996, as amended. 2. The LBRA Board hereby requests that the Lansing City Council, after required notification as specified by the Act, hold a public hearing in consideration of this matter, and subsequently approve the amended Plan. YEAS: Six (6) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Three (3) RESOLUTION DECLARED ADOPTED. STATE OF MICHIGAN ) )SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a meeting of the Brownfield Redevelopment Authority held on the 7'" day of December 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary Friday, December 7, 2018 Date LANSING BROWNFIELD REDEVELOPMENT AUTHORITY Certificate of Resolution by Board of Directors At a regular meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) held on Friday, December 7, 2018 at 8:30 a.m., pursuant to notice duly given: PRESENT: MEMBERS: Andrea Ragan, Calvin Jones, Mayor Andy Schor, Fred Schaible, Thomas Donaldson, Shelley Boyd ABSENT: MEMBERS: James Butler III, Blake Johnson, Kimberly Coleman The following preamble and resolutions were offered by: MEMBER: Jones, seconded by: MEMBER: Schaible WHEREAS, the Lansing Brownfield Redevelopment Authority (LBRA), approved Brownfield Plan #52 — Market Place Brownfield Redevelopment Project (Plan) on September 3, 2010 at a special meeting of the Board of Directors; and WHEREAS, the Plan included $517,132 to support Developer funded Eligible Activities and $5,540,132 to support Public Infrastructure Improvements by the City of Lansing; and WHEREAS, the Public Infrastructure Improvements called for infrastructure that would directly benefit the project property including investments in public recreational amenities along the riverfront and an improved pedestrian walkway across Grand River; and WHEREAS, these improvements were planned to begin after the private Market Place Project (Project) was completed which was completed in 2018, and WHEREAS, Vibrant Communities LLC is managing an effort to develop Rotary Park on the downtown Lansing riverfront adjacent to the Project property that would create public recreational amenities, and WHEREAS, the City of Lansing and Vibrant Communities LLC are entering into an agreement (City Agreement) in order for Vibrant Communities LLC to make these riverfront improvements for a public purpose (see Attachment A), and WHEREAS, the riverfront improvements proposed by Vibrant Communities LLC are Eligible Brownfield Activities and eligible to be reimbursed with taxes captured by the LBRA per the Plan, and WHEREAS, Vibrant Communities LLC has requested to enter into a Reimbursement Agreement with the LBRA in order to be reimbursed, up to a maximum of $343,018, for making eligible Public Infrastructure Improvements, per the Plan, on behalf of the City of Lansing. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY (LBRA), AS FOLLOWS: 1. Lansing Brownfield Redevelopment Authority (LBRA Board) approves the reimbursement of up to $343,018 using Tax Increment Revenue captured via Brownfield Plan #52, as it becomes available, to be used to alleviate the costs of Eligible Public Infrastructure Improvements outlined in the Plan and more specifically in the proposed budget (Attachment B), conditional on the execution of both a Reimbursement Agreement with the LBRA and the City Agreement between the City of Lansing and Vibrant Communities LLC. 2. Lansing Brownfield Redevelopment Authority (LBRA Board) also stipulates the LBRA will not be obligated to reimburse Vibrant Communities LLC for Eligible Activities performed per the Plan after December 31, 2020. 3. Furthermore, the LBRA Board also directs its authorized representative(s) to negotiate and enter into the above Reimbursement Agreement on the LBRA Board's behalf. 4. Additionally, the LBRA Board agrees that if any section, clause or phrase of this Resolution is declared as invalid by a court of law, that ruling shall not affect the intent and purpose of this Resolution and validity of the remaining provisions of the Resolution. 5. Finally, the LBRA Board declares that all resolutions or parts of resolutions in conflict with any of the provisions of this Resolution are repealed. YEAS: Six (6) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Three (3) PREAMBLE AND RESOLUTIONS DECLARED ADOPTED. STATE OF MICHIGAN) SS. COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a meeting of the Brownfield Redevelopment Authority held on the Vh day of December 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws, IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary LEDC Board of Directors Friday, December 7, 2018 Date THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY (LBRA) Resolution Recommending the Application for an Environmental Protection Agency (EPA) Coalition Assessment Grant by the City of Lansing At a meeting of the Board of Directors of the Lansing Brownfield Redevelopment Authority (LBRA) City of Lansing, Michigan, held on the 71h day of December, 2018, at 8:30 a.m., pursuant to notice duly given: PRESENT: MEMBERS: Andrea Ragan, Calvin Jones, Mayor Andy Schor, Shelley Boyd, Thomas Donaldson, Frederick Schaible ABSENT: MEMBERS: James Butler III, Blake Johnson, Kimberly Coleman The following preamble and resolution was offered by; MEMBER: Jones, and seconded by: MEMBER: Schaible WHEREAS, brownfields are properties such as former industrial sites, closed gas stations, dumps, or other sites that are vacant or underutilized due to contamination, perceived contamination, or blight; and WHEREAS, the cleanup and revitalization of brownfields can provide many community benefits, including protection of public health and the environment, opportunities for economic development, opportunities to grow advanced manufacturing and create jobs, neighborhood improvement, opportunities for creation of parks and community spaces, protect our shared water resources, and other benefits; and WHEREAS, the Metro Lansing region, including the Lansing Brownfield Redevelopment Authority (LBRA), the City of Lansing, the City of East Lansing, Clinton County, Eaton County, and Ingham County, have worked together in collaboration to revitalize brownfields and secure more resources for redevelopment of these sites for both the individual communities and the environmental health of the broader region; and WHEREAS, these five local governments have formed the "Lansing Regional Brownfields Coalition" (LRBC); and WHEREAS, the Lansing Economic Area Partnership (LEAP) is a non-profit economic development entity with members including the City of Lansing, which is prepared to seek, administer and implement new funding to support the Lansing Regional Brownfields Coalition and its local government participants; and WHEREAS, the U.S. Environmental Protection Agency (EPA) is now soliciting applications for Fiscal Year 2019 funding, due January 31, 2019, for brownfields grants including grants of $600,000 for coalitions of local governments and non -profits which can be used for assessment and reuse planning at brownfield sites ("EPA Brownfields Assessment grants"); and WHEREAS, the LRBC was last awarded the EPA Coalition Assessment Grant in FY2015 for $500,000 in which the LBRA was the applicant in partnership with the region; and WHEREAS, the FY2015 grant funded vital assessment activities at 42 brownfield sites throughout the region, 17 of which are located in the City of Lansing, including for the LorAnn Oils expansion, Oliver Towers Project, and the Provident Place Development on Michigan Avenue; and WHEREAS, the FY2015 Assessment Grant has been fully expended and LEAP and the LRBC desires to be awarded a $600,000 EPA Brownfields Assessment grant for the benefit of the entire region and its local governments, and WHEREAS, as a recent awardee, an Assessment Grant application submitted by the LBRA is not given funding priority by the EPA; and WHEREAS, LEAP from its regional funds, is paying all consultants and fees to support this application on behalf of the City of Lansing and region; and WHEREAS, if an Assessment Grant application by the City of Lansing is awarded, the LBRA offers its capacity to manage the Assessment Grant on behalf of the City of Lansing for the Lansing Regional Brownfields Coalition. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE LANSING BROWNFIELD REDEVELOPMENT AUTHORITY, AS FOLLOWS: 1. The City of Lansing Brownfield Redevelopment Authority is a collaborative partner in the Lansing Regional Brownfields Coalition. 2. The City of Lansing Brownfield Redevelopment Authority supports the development and submission of an application for an FY2019 EPA Brownfields Coalition Assessment grant by LEAP on behalf of the entire Coalition. 3. The City of Lansing Brownfield Redevelopment Authority recommends the City of Lansing be the applicant for a FY2019 EPA Brownfields Coalition Assessment grant on behalf of the entire Coalition. 3. The City of Lansing Brownfield Redevelopment Authority designates Karl Dorshimer, Director of Business Development, as its representative to participate in the "Lansing Regional Brownfields Coalition Task Force", a group of stakeholders meant to advance the region's brownfields revitalization objectives. 4. The City of Lansing Brownfield Redevelopment Authority authorizes the City of Lansing to direct the designated representative to work in collaboration with LEAP, the other Coalition members, and other interested persons from the community to develop, submit, and implement an EPA Brownfields Assessment application and grant. YEAS: Six (6) NAYS: Zero (0) ABSTENTIONS: Zero (0) ABSENT: Three (3) RESOLUTION DECLARED ADOPTED STATE OF MICHIGAN) )SS, COUNTY OF INGHAM ) I hereby certify that the foregoing is a true and complete copy of a resolution adopted at a meeting of the Brownfield Redevelopment Authority held on the 7th day of December 2018, and said resolution is on file in the office of the Lansing Brownfield Redevelopment Authority and is available to the public. Public notice of the said meeting was given pursuant to and in compliance with Act No. 267, Public Acts of Michigan 1976, including in the case of a special or re -scheduled meeting, notice by publication or posting of at least eighteen (18) hours prior to the time set for the meeting. In addition, said meeting was held in full compliance with the Board's By -Laws. IN WITNESS WHEREOF, I have hereunto affixed my official signature. Calvin Jones, Secretary LEDC Board of Directors Friday December 7, 2018 D ate