Brownfield Redevelopment Authority - Regular Meeting

Brownfield Redevelopment Authority City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 September 27, 2023 @ 8:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 8:31 AM by Treasurer Troy Butler. PRESENT: Jeff Edwards, Kristine Bersche, Troy Butler, Commissioner Nathaniel Moody, Commissioner Milinda Ysasi, Kim McLaughlin, John VanFossen, Martin Uchendu, Brooke Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut OTHERS: Jeremiah Gracia, Jonathan Klooster, Christian Borg, Jordan Turner, Jessica Solis, Chad Buczkowski, Tricia Chapman, Jessica Wood, John Weiss, Marcus Ringnalda (Four Star Theater), James Lewis (Pinnacle), Dan DeVries (DeVries Jewelers) Jonathan Klooster introduced new board member Brooke Oosterman and she spoke about her background. Mr. Klooster also thanked Jeremiah Gracia for his work as Executive Director of the Economic Development department as he is leaving the position. II. Excused Absences 1. The members who alerted the Executive Director that they would be unable to attend ahead of time were listed. Motion to Excuse the absences of Guillermo Cisneros and Lynn Rabaut. RESULT: ADOPTED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: Nathaniel Moody, Commissioner YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut III. Conflict of Interests None were noted. IV. Minutes Approval 1. Approval of Minutes from August 23, 2023 No corrections or comment were made. Motion to approve the minutes from August 23, 2023. Generated 9/27/2023 11:27 AM Brownfield Redevelopment Authority Meeting Full Page 2 September 27, 2023 RESULT: ACCEPTED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: Kristine Bersche, Secretary YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut V. Financial Statements 1. Interim Financial Statements as of August 31, 2023 Tricia Chapman presented the financials and answered questions. Motion to accept Financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Kristine Bersche, Secretary SECONDER: Nathaniel Moody, Commissioner YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut VI. Action Items 1. Resolution approving and authorizing the execution of a Local Brownfield Revolving Fund Grant Agreement for the Four Star Theater Redevelopment Project at 1944 Division Avenue S Jessica Solis introduced the Theater Redevelopment Project and asked Marcus Ringnalda to talk about the history of the building and answer any questions. Motion to approve and authorize the execution of a Local Brownfield Revolving Fund Grant Agreement for the Four Star Theater Redevelopment Project at 1944 Division Avenue S. RESULT: APPROVED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Jeff Edwards YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut 2. Resolution approving and recommending a Brownfield Plan Amendment for the DeVries Jewelers Redevelopment Project located at 433 Leonard Street NW Ms. Solis introduced the DeVries Jewelers Redevelopment Project. She explained that with the new legislation, a Work Plan is no longer required. Ms. Solis welcomed Dan DeVries and James Lewis to talk about the project and answer any questions. Generated 9/27/2023 11:27 AM Brownfield Redevelopment Authority Meeting Full Page 3 September 27, 2023 Motion to approve and recommend a Brownfield Plan Amendment for the DeVries Jewelers Redevelopment Project located at 433 Leonard Street NW. RESULT: APPROVED [UNANIMOUS] MOVER: Milinda Ysasi, Commissioner SECONDER: Jeff Edwards YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut 3. FY2024 Brownfield Tax Increment Reimbursements Mr. Klooster presented the FY2024 Brownfield Tax Increment Reimbursements and thanked Christian Borg for his meticulous work. There were no questions. Motion to approve the FY2024 Developer Reimbursements in the amount of $11,608,224. RESULT: APPROVED [UNANIMOUS] MOVER: Kristine Bersche, Secretary SECONDER: Milinda Ysasi, Commissioner YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut 4. Adoption of the Grand Rapids Brownfield Redevelopment Authority Board Governance Summary Mr. Klooster noted the only change from last meeting was adding that Person(s) with a Conflict of Interest will step out of the room during the Action Item. This document was very helpful in on-boarding Brooke Oosterman to the board. RESULT: APPROVED [UNANIMOUS] MOVER: Nathaniel Moody, Commissioner SECONDER: Kim McLaughlin, Member YEAS: Edwards, Bersche, Butler, Moody, Ysasi, McLaughlin, VanFossen, Uchendu, Oosterman ABSENT: Guillermo Cisneros, Lynn Rabaut 5. Activity Report for the Grand Rapids Brownfield Redevelopment Authority's Environmental Site Assessment Grant Program as of September 2023 Ms. Solis noted the only new addition to the Activity Report is of the Pure Architects project at 422 Leonard St. Motion to approve the September ESA Grant Program Activity Report. Generated 9/27/2023 11:27 AM Brownfield Redevelopment Authority Meeting Full Page 4 September 27, 2023 RESULT: APPROVED [7 TO 0] MOVER: Martin Uchendu, Member SECONDER: Nathaniel Moody, Commissioner YEAS: Edwards, Bersche, Butler, Moody, Ysasi, VanFossen, Uchendu, Oosterman ABSTAIN: Kim McLaughlin ABSENT: Guillermo Cisneros, Lynn Rabaut VII. Other Business Mr. Klooster mentioned the Policy Committee is making progress and meeting next week. He also gave updates on staffing and Factory Yards. VIII. Public Comment None. IX. Adjournment The meeting was adjourned at 9:13 AM. Generated 9/27/2023 11:27 AM