Saginaw Street Corridor Improvement Authority

Regular Meeting

Lansing, MI · June 27, 2024

Minutes

Saginaw St. Corridor Improvement Authority Board of Directors Monthly Meeting Thursday, June 27, 2024 M3 Group 221 W. Saginaw St. Lansing, MI 48933 Members Present: Tiffany Dowling, John Shaski, Laura Stoken, Benjamin Brewer, Diane Sanborn, Peter Morman Members Absent: Facilitator Present: Alex Watkins (Lansing EDC) Guests Present: Public: Recorded by: Alex Watkins (Lansing EDC) Call to Order/ Roll Call Chairperson Dowling called the June meeting to order at 3:07pm. All members are in attendance and enough members to have quorum. Approval of Meeting Minutes - Action MOTION: Brewer motioned to approve minutes from May, Shaski seconded YEAS: Unanimous Approval of FY2022/2023 SSCIA Budget Amendment- Action MOTION: Shaski motioned to approve the amended ’23-’24 Budget, seconded Sanborn YEAS: Unanimous Approval of FY2023/2024 SSCIA Budget- Action MOTION: Shaski motioned to approve the amended ’23-’24 Budget, seconded Sanborn YEAS: Unanimous Beautification Project Update Brewer gave an update on the status of the maintenance for the flowers planted at the “Pointe”. Talked about hiring a maintenance company to water the flowers and keep the landscaping looking nice. Will come back next meeting with recommendations. Also, talked about reimbursement for expenses the came up day of flower installment. Brewer and Sanborn will get receipts to the Lansing EDC. Marketing RFP and Plan Update The RFP received 7 marketing proposals (5 within the state of Michigan and 1 within the city of Lansing). The proposal review committee will consist of the marketing committee and Diane Sanborn volunteer. The next marketing committee meeting is set for Thursday 18th. Placemaking Project Update Washington provided the project proof in the agenda packet showing the intended placements of the letters. The Call to Art went out last week and has generated attention and interest with over 50 submissions. Project is expected to be completed mid-August. Exploring lighting options and plan to reach out to BWL engineers. Installation of lighting and first year energy cost is around $3,000. ARPA Funding Discussion The board had discussion on allocation of the ARPA funding: $20,000 place-making project $10,000 advertising funding for marketing group $6,000 physical corridor improvements $5,000 Maintenance $25 Purchasing gift cards from businesses on the corridor (Irish Pub) Other Business N/A Public Comment N/A Adjournment MOTION: Stoken motioned to adjourn June meeting at 3:57 pm, seconded by Dowling. X_________________________ Tiffany Dowling Chairperson, Saginaw St. Corridor Improvement Authority

Agenda

Packet

Saginaw Street Corridor Improvement Authority Board of Directors Special Meeting Thursday June 27th , 2024 – 3:00 PM M3 Group 221 W. Saginaw St. Lansing, Mi 48933 AGENDA 1. Call to Order/ Roll Call 2. Approval of SSCIA May Meeting Minutes (5.23.24)-Action 3. Approval of FY2022/2023 SSCIA Budget Amendment- Action a. Attached Amended FY2022/2023 SSCIA Budget 4. Approval of FY2023/2024 SSCIA Budget- Action a. Attached Proposed FY2023/2024 SSCIA Budget 5. Beautification Project Update 6. Marketing RFP and Plan Update 7. Placemaking Project Update 8. ARPA Funding Discussion 9. Other Business 10. Public Comment 11. Adjournment Saginaw St. Corridor Improvement Authority Fiscal Year July 1, 2023 - June 30, 2024 Amended Budget Fiscal Year July 1, 2024 - June 30, 2025 Proposed Budget FY 2023 FY 2024 FY 2024 FY 2025 Budget Adopted Amended Proposed Actuals Budget Budget Budget Revenues Tax Increment Revenue 40,024 53,204 78,674 83,600 Interest - - - - Total Revenues 40,024 53,204 78,674 83,600 Expenditures Corridor Development Plan - 1,500 1,500 - Total Expenditures - 1,500 1,500 - Beginning Fund Balance 18,653 58,677 58,677 135,851 To/(From) Fund Balance 40,024 53,204 77,174 83,600 Ending Fund Balance 58,677 111,881 135,851 219,451 LANSING ECONOMIC DEVELOPMENT CORP - CORRIDOR SIGNAGE CONCEPT B - INDIVIDUAL LETTERS, WITH BASE INDIVIDUAL DIMENSIONAL LETTERS. 72in TALL x 12in DEEP. MADE FROM FOAM WITH DIMENSIONAL LUMBER FRAMING. PRIMED AND PAINTED WHITE TO ACCEPT CUSTOMER PAINT. FORESIGHT TO PULL NECESSARY PER- MITS AND INSTALL. PROJECT WILL BE SUBJECT TO CITY OF LANSING SIGN ORDINANCE APPROVAL AND MUST CLEAR MDOT RIGHT OF WAY. 32050 LEDC PAGE 1 of 2 TYPICAL LETTER FINISHING INSTALLATION DETAILS 4in ID PVC SLEEVES (EACH LETTER) 12” GRADE 12” 14” SIDE VIEW 42in 4in 0 x .25in WALL ALUMINUM PIPE CONCRETE FOOTING = WHITE STUCCO FINISH 32050 LEDC PAGE 2 of 2