Local Development Finance Authority
Regular MeetingSterling Heights, MI · November 28, 2017
Minutes
CITY OF STERLING HEIGHTS
LOCAL DEVELOPMENT FINANCE AUTHORITY
Approved
MINUTES OF THE SPECIAL MEETING
November 28, 2017 – 8:00 a.m.
6633 18 Mile Road, Sterling Heights, MI 48314
586-884-9322
Velocity Building
Phil Hunsberger called the meeting to order at 8:00 a.m.
Pledge of Allegiance
Members present at roll call: David Corba, Ellanore Evans, Phillip Hunsberger, Richard Kincaid,
John Lettang, Steve Pomaville, Jim Ruma, Camille Silda, Corey Venetis
Members absent: Stephanie Eagen, Laurel Johnson, Fred Molnar, Jill Tomyn, Orest Zachary
Also in attendance: Larry Herriman, Executive Director-Macomb OU-Incubator; John Eaton,
Client Strategist-Macomb OU-Incubator; Kathryn Quell, Management Services Specialist – City
of Sterling Heights
Motion to Approve the Agenda
Moved by Silda, supported by Ruma, to approve the agenda as presented.
Ayes: All
Nays: None
Motion carried.
Motion to Approve the Minutes of September 19, 2017 Regular Meeting
Moved by Lettang, supported by Kincaid, to approve the minutes as presented.
Ayes: All
Nays: None
Motion carried.
New Business
To approve the Month-to-Month Lease Agreement between SAPA Transmissions and the
Local Development Finance Authority (LDFA).
Ms Quell presented that SAPA Transmissions, a previous tenant in the ILZ (International
Landing Zone) of the Velocity building, is moving to a larger space due to growth. SAPA
Transmissions will occupy space #3-C, consisting of 652 square feet at a rental rate of
$950.00/month.
Moved by Lettang, supported by Venetis to approve the Month-to-Month Lease Agreement
between SAPA Transmissions and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Month-to-Month Lease Agreement between Mango Tree Capital, LLC and
the Local Development Finance Authority (LDFA).
Ms. Quell presented that Mango Tree Capital, LLC will occupy space “Office 2”, consisting of
150 square feet at a rental rate of $200.00/month.
Moved by Venetis, supported by Lettang to approve the Month-to-Month Lease Agreement
between Mango Tree Capital, LLC and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Termination Agreement between Kosch Dining Solutions, LLC and
the Local Development Finance Authority (LDFA) effective October 15, 2017.
Ms. Quell stated that Kosch Dining Solutions, LLC, at the time of renewal in April 2017, had
indicated their interest in pursuing a location to consolidate their operations. They were
successful in finding a location and gave their 30-day notification to vacate as of October 15,
2017.
Moved by Lettang, supported by Evans to approve the Lease Termination Agreement between
Kosch Dining Solutions, LLC and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Termination Agreement between The Automation of Things and the
Local Development Finance Authority (LDFA) effective October 31, 2017.
Mr. Herriman stated that the founder decided to no longer fund The Automation of Things and
therefore, the company has ceased operation and vacated the building as of October 31, 2017.
Moved by Evans, supported by Silda to approve the Lease Termination Agreement between The
Automation of Things and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
Discussion of the operations of the Macomb-OU Incubator with Larry Herriman, Interim
Director – Oakland University and John Eaton, Client Strategist.
Old Business
Ms. Quell stated that after multiple attempts to collect the outstanding debt, Urbn
Technologies/Social Drone has been unresponsive. On August 1, 2017, O’Reilly Rancillio P.C.
attempted to collect the debt whereby the tenant was contacted via certified mail. Mr. Herriman
stated that the outstanding debt of Urbn Technologies/Social Drone owed to Oakland University
for cyber classes has remained in collection with no results. It is the recommended that the
outstanding invoices be written off.
Moved by Lettang, supported by Evans to write off the outstanding debt of Urbn
Technologies/Social Drone.
Ayes: All
Nays: None
Motion carried.
Board Members Report
Public Comment
None
Adjournment
Moved by Evans, supported by Kincaid to adjourn.
Ayes: All
Nays: None
Motion carried.
The meeting adjourned at 9:20 am.
Kq
Minutes Approved 1/16/2018
John Lettang
Secretary
Agenda
CITY OF STERLING HEIGHTS
Special Meeting of the
LOCAL DEVELOPMENT FINANCE AUTHORITY
6633 18 Mile Road, Sterling Heights
586-884-9322
CITY COUNCIL CHAMBERS
November 28, 2017
8:00 AM
MEETING CALLED TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL
APPROVAL OF AGENDA
APPROVAL OF MINUTES OF September 19, 2017 Regular Meeting
NEW BUSINESS
1. To approve the Month-to-Month Lease Agreement between SAPA
Transmissions and the Local Development Finance Authority (LDFA) for
space #3-C, consisting of 652 square feet at a rental rate of
$950.00/month.
2. To approve the Month-to-Month Lease Agreement between Mango Tree
Capital, LLC and the Local Development Finance Authority (LDFA) for
space “Office 2”, consisting of 150 square feet at a rental rate of
$200.00/month.
3. To approve the Lease Termination Agreement between Kosch Dining
Solutions, LLC and the Local Development Finance Authority (LDFA)
effective October 15, 2017.
4. To approve the Lease Termination Agreement between The Automation of
Things and the Local Development Finance Authority (LDFA) effective
October 31, 2017.
5. Presentation and update on the operations of the Macomb OU-INCubator.
OLD BUSINESS
Urbn Technologies/Social Drone
PUBLIC COMMENT
ADJOURNMENT
LDFA Business
Sterling Heights, Michigan
11/28/17
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Month-to-Month Lease Agreement between SAPA
Transmissions and the Local Development Finance Authority (LDFA).
Submitted By: Kathryn Quell, Building Services Specialist, Velocity
Executive Summary
Attached for LDFA review is a Month-to-Month Lease Agreement commencing on November 1,
2017 for space #3-C, consisting of 652 square feet at a rental rate of $950.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Month-to-Month Lease Agreement between SAPA
Transmissions and the Local Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
11/28/17
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Month-to-Month Lease Agreement between Mango Tree
Capital, LLC and the Local Development Finance Authority (LDFA).
Submitted By: Kathryn Quell, Building Services Specialist, Velocity
Executive Summary
Attached for LDFA review is a Month-to-Month Lease Agreement commencing on December 1,
2017 for space #Office 2, consisting of 150 square feet at a rental rate of $200.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Month-to-Month Lease Agreement between Mango Tree
Capital, LLC and the Local Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
11/28/17
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Termination Agreement between Kosch Dining
Solutions, LLC and the Local Development Finance Authority (LDFA).
Submitted By: Kathryn Quell, Building Services Specialist, Velocity
Executive Summary
Attached for LDFA review is a Lease Termination Agreement between Kosch Dining Solutions,
LLC and the Local Development Finance Authority (LDFA) effective October 15, 2017.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Termination Agreement between Kosch Dining
Solutions, LLC and the Local Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
11/28/17
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Termination Agreement between The Automation of
Things and the Local Development Finance Authority (LDFA).
Submitted By: Kathryn Quell, Building Services Specialist, Velocity
Executive Summary
Attached for LDFA review is a Lease Termination Agreement between The Automation of
Things and the Local Development Finance Authority (LDFA) effective October 31, 2017.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Termination Agreement between The Automation of
Things and the Local Development Finance Authority (LDFA).
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