Brownfield Redevelopment Authority - Regular Meeting

Brownfield Redevelopment Authority City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 January 25, 2023 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 8:34 AM by Chair Guillermo Cisneros PRESENT: Guillermo Cisneros, Lynn Rabaut, Commissioner Nathaniel Moody, Commissioner Milinda Ysasi, Kim McLaughlin, Martin Uchendu ABSENT: Kristine Bersche, Troy Butler, Daniel Barcheski, Micah Perkins, John VanFossen OTHERS: Jeremiah Gracia, Jonathan Klooster, Christian Borg, Jordan Turner, Jessica Solis, Chad Buczkowski, Tricia Chapman, Verah Narh Kamara, Jessica Wood, Nick Kowieski (Monroe Residential), Joe Agostinelli (Michigan Growth Advisors) II. Excused Absences The members who alerted the Executive Director that they would be unable to attend ahead of time were listed. Motion to excuse the absence of Daniel Barcheski, Troy Butler, John Van Fossen, and Micah Perkins. RESULT: ACCEPTED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Milinda Ysasi, Commissioner YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen III. Minutes Approval 1. Approval of Minutes from December 7, 2022 No comments or corrections noted. Motion to approve minutes from December 7, 2022. RESULT: ACCEPTED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Milinda Ysasi, Commissioner YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen IV. Financial Statements Generated 1/27/2023 10:31 AM Brownfield Redevelopment Authority Meeting Full Page 2 January 25, 2023 1. FY2023 Interim Financial Statements as of December 31, 2022 Tricia Chapman presented the financial statements from the agenda packet. Motion to accept Financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Nathaniel Moody, Commissioner YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen V. Action Items 1. Resolution Approving a Revised Brownfield Plan Amendment for the Talbot Quimby, LLC Redevelopment Project at 220 Quimby Street NE Jessica Solis explained this property has a new owner and developer since the 2016 Brownfield Plan approval. Ms. Solis introduced Joe Agostinelli to provide additional details about the project. Motion to approve a Revised Brownfield Plan Amendment for the Talbot Quimby, LLC Redevelopment Project located at 220 Quimby St NE. RESULT: APPROVED [UNANIMOUS] MOVER: Lynn Rabaut, Vice Chair SECONDER: Kim McLaughlin, Member YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen 2. Approval of Invoices Documenting Eligible Expenses for the 470 Market (Grand Rapids) Propco, LLC Redevelopment Project at 470 Market Avenue SW Jonathan Klooster explained the project is completed and the developer is now submitting eligible expenses incurred. Mr. Klooster introduced Nick Kowieski to show some photographs and answer questions. Motion to approve of Invoices Documenting Eligible Expenses for the 470 Market (Grand Rapids) Propco, LLC Redevelopment Project located at 470 Market Avenue SW. RESULT: APPROVED [UNANIMOUS] MOVER: Martin Uchendu, Member SECONDER: Lynn Rabaut, Vice Chair YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen 3. Approval of Amendments to Brownfield Redevelopment Authority Policies Mr. Klooster explained the proposed recommendations for policy revisions. Generated 1/27/2023 10:31 AM Brownfield Redevelopment Authority Meeting Full Page 3 January 25, 2023 Motion to approve the Amendments to the Brownfield Redevelopment Authority Policies. RESULT: APPROVED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Lynn Rabaut, Vice Chair YEAS: Cisneros, Rabaut, Moody, Ysasi, McLaughlin, Uchendu ABSENT: Bersche, Butler, Barcheski, Perkins, VanFossen VI. Other Business None. VII. Public Comment None. VIII. Adjournment The meeting was adjourned at 9:25 AM. Generated 1/27/2023 10:31 AM