Local Development Finance Authority
Regular MeetingSterling Heights, MI · April 16, 2019
Minutes
CITY OF STERLING HEIGHTS
LOCAL DEVELOPMENT FINANCE AUTHORITY
APPROVED
MINUTES OF THE REGULAR MEETING
April 16, 2019 – 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 8:02 a.m.
Pledge of Allegiance
Members present at roll call: Stephanie Eagen, Ellanore Evans, Phil Hunsberger, Laurel Johnson,
John Lettang, Steve Pomaville, Camille Silda, Jill Tomyn, Corey Venetis
Members absent: David Corba, Robert Ljucovic, Fred Molnar, Jim Ruma, Orest Zachary
Also in attendance: Luke Bonner, CEO Bonner Advisory Group, Senior Economic Development
Advisor – City of Sterling Heights; Jason Castor, City Development Director – City of Sterling
Heights; Kathryn Quell, Management Services Specialist – City of Sterling Heights; Dr. David
Stone, Associate Vice President-Research – Oakland University; Larry Herriman, Executive
Director – Macomb OU Incubator
Motion to Approve the Agenda
Moved by Silda, supported by Evans, to approve the agenda as presented.
Ayes: All
Nays: None
Motion carried.
Motion to Approve the Minutes of February 19, 2019 Regular Meeting
Moved by Pomaville, supported by Lettang, to approve the minutes as presented.
Ayes: All
Nays: None
Motion carried.
New Business
To approve the Lease Agreement between STEAMBOX and the Local Development
Finance Authority (LDFA).
Ms. Quell stated that Mr. Couchman, a current tenant of Velocity, has two companies –
STEAMBOX and Live Picture. Due to increased activities in both businesses, Mr. Couchman is
requesting to occupy a second suite in the building to separate the two entities. It is requested
that the LDFA Board approve a Month-to-Month Lease Agreement commencing on March 15,
2019 for space #2-C consisting of 593 square feet at a rental rate of $650.00/month.
Additionally, STEAMBOX will provide 25% of net revenue generated from classes.
Moved by Evans, supported by Tomyn to approve the Lease Agreement between STEAMBOX
and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Agreement between Coliant Corporation and the Local Development
Finance Authority (LDFA).
Ms. Quell stated that Coliant Corporation, a former tenant of Velocity, is still an incubating
company and is requesting the LDFA Board approve a Month-to-Month Lease Agreement
commencing on May 1, 2019 for space #3-H consisting of 695 square feet at a rental rate of
$600.00/month.
Moved by Lettang, supported by Venetis to approve the Lease Agreement between Coliant
Corporation and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Agreement between UltraLevel, Inc. and the Local Development
Finance Authority (LDFA).
Trisha Ballard, CEO of UltraLevel presented that her company provides IT/Data Center
Solutions. Also providing the security of networks and Cloudsafe, protecting data systems and
providing disaster recovery. UltraLevel is not an incubating company. UltraLevel is requesting
LDFA Board approval of a Month-to-Month Lease Agreement commencing on March18, 2019
for space #2-I consisting of 799 square feet at a market rental rate of $1130.00/month.
Moved by Venetis, supported by Evans to approve the Lease Agreement between UltraLevel,
Inc. and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Agreement between The County of Macomb through the Macomb
County Planning and Economic Development and the Local Development Finance
Authority (LDFA).
Ms. Quell stated that the Macomb County Department of Planning and Economic Development
supports the International Landing Zone at Velocity. The program was suspended and is now
being restarted. Macomb County is requesting LDFA approval of a Month-to-Month Lease
Agreement commencing on March 14, 2019 for space “Cubicle” consisting of 54 square feet at a
rental rate of $250.00/month.
Moved by Lettang, supported by Johnson to approve the Lease Agreement between The County
of Macomb through the Macomb County Planning and Economic Development and the Local
Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
To approve the Lease Agreement between CBRNergetics USA, Inc. and the Local
Development Finance Authority (LDFA).
Ms. Quell stated that CBRNergetics USA, Inc. is a tenant of the International Landing Zone
(ILZ) through Macomb County Planning and Economic Development. CBRNergetics USA, Inc.
works in the defense industry. Approval of a Lease Agreement commencing on March 14, 2019
for $0 is requested.
Moved by Venetis, supported by Eagen to approve the Lease Agreement between CBRNergetics
USA, Inc. and the Local Development Finance Authority (LDFA).
Ayes: All
Nays: None
Motion carried.
Update – Oakland University
Dr. David Stone stated that OU has an R & D accelerator program and they are working to help
mid size companies to thrive. OU has hired a professor and a student to conduct a study. There
are three phases to the study. First phase is interviews with a dozen companies. In depth
interviews in regards to their ecosystem, logics of innovation and challenges. The second phase
is to develop a longer survey to 100 companies to get a broader understanding of needs and
struggles of innovation. Third phase is host a forum to discuss the findings. The outcome is to
give strength to companies that are the backbone of manufacturing in the area. Oakland
University is anticipating reporting back to the Board mid summer.
Mr. Herriman demonstrated the Instagram site that he created: velocity.oakland.university to
become more visible and spotlight activities at Velocity.
Old Business
Board Members Report
Public Comment
None
Adjournment
Moved by Venetis, supported by Eagen to adjourn.
Ayes: All
Nays: None Minutes Approved 5/21/2019
Motion carried.
The meeting adjourned at 8:35 am.
John Lettang
Secretary
Kq
Agenda
CITY OF STERLING HEIGHTS
Regular Meeting of the
LOCAL DEVELOPMENT FINANCE AUTHORITY
6633 18 Mile Road, Sterling Heights
586-884-9322
VELOCITY BUILDING
April 16, 2019
8:00 AM
MEETING CALLED TO ORDER
PLEDGE OF ALLEGIANCE
ROLL CALL
APPROVAL OF AGENDA
APPROVAL OF MINUTES OF February 19, 2019 Regular Meeting
NEW BUSINESS
1. To approve the Lease Agreement between STEAMBOX and the Local
Development Finance Authority (LDFA).
2. To approve the Lease Agreement between Coliant Corporation and the
Local Development Finance Authority (LDFA).
3. To approve the Lease Agreement between UltraLevel, Inc. and the Local
Development Finance Authority (LDFA).
4. To approve the Lease Agreement between The County of Macomb
through the Macomb County Planning and Economic Development and the
Local Development Finance Authority (LDFA).
5. To approve the Lease Agreement between CBRNergetics USA, Inc. and
the Local Development Finance Authority (LDFA).
6. Update – Oakland University
OLD BUSINESS
PUBLIC COMMENT
ADJOURNMENT
CITY OF STERLING HEIGHTS
LOCAL DEVELOPMENT FINANCE AUTHORITY
Draft
MINUTES OF THE REGULAR MEETING
February 19, 2019 – 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 8:01 a.m.
Pledge of Allegiance
Members present at roll call: David Corba, Stephanie Eagen, Ellanore Evans, Phil Hunsberger,
Laurel Johnson, John Lettang, Steve Pomaville, Jim Ruma, Jill Tomyn, Corey Venetis
Members absent: Robert Ljucovic, Fred Molnar, Camille Silda, Orest Zachary
Also in attendance: Luke Bonner, CEO Bonner Advisory Group, Senior Economic Development
Advisor – City of Sterling Heights; Jason Castor, City Development Director – City of Sterling
Heights; Kathryn Quell, Management Services Specialist – City of Sterling Heights; Larry
Herriman, Executive Director – Macomb OU Incubator
Motion to Approve the Agenda
Moved by Lettang, supported by Venetis, to approve the agenda as presented.
Ayes: All
Nays: None
Motion carried.
Motion to Approve the Minutes of January 15, 2019 Regular Meeting
Moved by Venetis, supported by Johnson, to approve the minutes as presented.
Ayes: All
Nays: None
Motion carried.
New Business
To approve the final project payment for LDFA Improvements Phase I.
Mr. Castor provided a final summary of the LDFA Improvements Phase I project and confirmed
that all work has been performed.
Moved by Evans, supported by Venetis to approve final payment to Anglin Civil, LLC, in the
amount of $39,952.32 plus interest on retainage, for LDFA Improvements Phase I, city Project
#17-295.
Ayes: All
Nays: None
Motion carried.
Mr. Herriman provided a Quarterly Meeting Update for Oakland University.
Old Business
Board Members Report
Public Comment
None
Adjournment
Moved by Venetis, supported by Lettang to adjourn.
Ayes: All
Nays: None
Motion carried.
The meeting adjourned at 8:18 am.
Kq
LDFA Business
Sterling Heights, Michigan
4/16/19
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Agreement between STEAMBOX 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 March 15,
2019 for space #2-C consisting of 593 square feet at a rental rate of $650.00/month.
Additionally, STEAMBOX will provide 25% of net revenue from classes.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Agreement between STEAMBOX and the Local
Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
4/16/19
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Agreement between Coliant Corporation 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 May 1, 2019
for space #3-H consisting of 695 square feet at a rental rate of $600.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Agreement between Coliant Corporation and the Local
Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
4/16/19
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Agreement between UltraLevel, Inc. 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 March 18,
2019 for space #2-I consisting of 799 square feet at a rental rate of $1130.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Agreement between UltraLevel and the Local
Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
4/16/19
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Agreement between The County of Macomb through
the Macomb County Department of Planning and Economic Development
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 March 14,
2019 for space “Cubicle” consisting of 54 square feet at a rental rate of $250.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Agreement between The County of Macomb through
the Macomb County Department of Planning and Economic Development
and the Local Development Finance Authority (LDFA).
LDFA Business
Sterling Heights, Michigan
4/16/19
AGENDA STATEMENT
OMB AS03 Rev. 11/04
Item Title: To approve the Lease Agreement between CBRNergetics USA, Inc. and the
Local Development Finance Authority (LDFA).
Submitted By: Kathryn Quell, Building Services Specialist, Velocity
Executive Summary
Attached for LDFA review is an ILZ Lease Agreement commencing on March 14, 2019 for
space “Cubicle” consisting of 54 square feet at a rental rate of $250.00/month.
Suggested Action:
MOVED BY: SECONDED BY:
RESOLVED: to approve the Lease Agreement between CBRNergetics USA, Inc. and the
Local Development Finance Authority (LDFA).
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