Local Development Finance Authority

CITY OF STERLING HEIGHTS Special Meeting of the LOCAL DEVELOPMENT FINANCE AUTHORITY November 30, 2021 8:00 AM The LDFA is conducting its meeting on November 30, 2021 by telephone conference. This meeting will take place at 8:00 a.m., on November 30, 2021 by Zoom videoconference and teleconference. To access the meeting, members of the public must dial in using the following telephone conference number: Dial In: _1-929-205-6099________ . When prompted, enter the following Meeting ID Number: __865 4363 1222___________ and passcode 436673. All pubic participants wishing to participate by telephone will be placed on hold in a virtual “waiting room” until the meeting starts (8:00 a.m.). All members of the public will be muted during the business portion of the meeting. Those wishing to participate in Public Comment will then be recognized by the Chair and asked whether that person has a comment at that time. When prompted, you should indicate your desire to address the LDFA Board and be recognized by the Chair. Please be advised that there could be delays based on the number of calls received. Members of the public will be afforded three (3) minutes each to address the LDFA Board under Public Comment. The Chair, with LDFA Board approval, may shorten this time in order to provide all members of the public a reasonable opportunity to speak. As always, residents are encouraged to email any questions they may have on any agenda item to the LDFA at cityhall@sterling-heights.net. MEETING CALLED TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL APPROVAL OF AGENDA CONSENT AGENDA A. October 15, 2021 Special Meeting Minutes B. To approve the Lease Renewal Agreement between Michigan Economic Development Corporation and the Local Development Finance Authority (LDFA).  The renewal is for an 12 month period October 1, 2021 thru September 30, 2022 for spaces #1-A and #1-G at a rate of $900.00/month. C. To accept the proposal by Mando Construction, Inc (75 Lafayette Street, Suite 100, Mount Clemens, MI 48043) for the remodel of Velocity in the amount of $31,748.00 – Ceiling Tile Grid. D. To accept the proposal by LaBelle Electrical Contractors, LLC (241 Church Street, Mount Clemens, MI 48043) for the remodel of Velocity in the amounts of $7,900.00 – BUZZI Lighting Robotics Lab and $59,970.00 – Tenant Space Lighting Replacement. E. To accept the proposal by ISCG, Inc (612 North Main, Royal Oak, MI 48067) for the remodel of Velocity in the amount of $16,700.00 – #117111 – Demountable Glass Walls. NEW BUSINESS 1. To Approve the Lease Agreement between National Advanced Mobility Consortium and the Local Development Finance Authority (LDFA). 2. To consider the Reimbursement Request between the Local Development Finance Authority (LDFA) and Steve M. Mancini Electing Small Business Trust Agreement (Developer). 3. To Consider The Entrepreneurial Services Management Agreement between the City of Sterling Heights Local Development Finance Authority and April Boyle, an independent Entrepreneurial and Innovation Specialist as the Senior Advisor of Innovation and Entrepreneurship. OLD BUSINESS PUBLIC COMMENT ADJOURNMENT The LDFA will provide necessary reasonable auxiliary aids and services to individuals with disabilities at the meeting upon 7 days notice to Community Relations Department at 446-CITY.  CITY OF STERLING HEIGHTS LOCAL DEVELOPMENT FINANCE AUTHORITY Approved MINUTES OF THE SPECIAL MEETING October 15, 2021 – 8:00 a.m. 6633 18 Mile Road, Sterling Heights, MI 48314 586-884-9322 VideoConference and TeleConference Phil Hunsberger called the meeting to order at 8:01 a.m. Pledge of Allegiance Members present at roll call: Dr. Michael Balsamo, Bill Holbrook, Phil Hunsberger, John Lettang, Dominic Patrus, Jeanne Schabath-Lewis, Howard Sizemore Members absent: Ellanore Evans, Josh Hundt, Laurel Johnson, Robert Ljucovic, Steve Pomaville, Camille Silda, Jill Tomyn Also in attendance: Kathryn Quell, Management Services Specialist – City of Sterling Heights; Hannah Tadros, Risk Management Coordinator – City of Sterling Heights; Keith Potter – MMRA; Chelsea O’Malley - MMRA Motion to Approve the Agenda Moved by Schabath-Lewis, supported by Patrus, to approve the agenda as presented. Ayes: All Nays: None Motion carried. Motion to Approve the CONSENT AGENDA as presented Moved by Sizemore, supported by Balsamo, to approve the Consent Agenda as presented. A. To approve the minutes of the Special Meeting of August 31, 2021. B. To approve the Shared Workspace Lease Agreement between Quentin Forgues (Tracker Technologies) and the Local Development Finance Authority (LDFA). The Agreement is at a rate of $100/month. Ms. Quell stated that Tracker Technologies is an IT start up. They also work in the field of wind turbine energy. C. To accept the proposal by Mando Construction, Inc (75 Lafayette Street, Suite 100, Mount Clemens, MI 48043) for the remodel of Velocity in the amount of $23,675.00 – Ceiling Tile Grid. D. To accept the proposal by LaBelle Electrical Contractors, LLC (241 Church Street, Mount Clemens, MI 48043) for the remodel of Velocity in the amounts of $11,825.00 – Exterior Building Light Replacement; $6,350.00 – BUZZI Space Lighting Buildout; $19,490.00 – Focal Point Conference Buildout.  E. To accept the proposal by Office express (1280 E. Big Beaver, Troy, MI 48083) for furniture in the amount of $103,511.68. Ayes: All Nays: None Motion carried. New Business To approve the Renewal Insurance Premium between the Michigan Municipal Risk Management Authority and the Local Development Finance Authority (LDFA). Ms. Quell introduced Mr. Keith Potter and Ms. Chelsea O’Malley representing the Michigan Municipal Risk Management Authority. Ms. Quell stated that the MMRMA has been the carrier of Velocity since inception and that they also cover the City’s other buildings. Ms. Quell stated that being part of the blanket plan, allows for better rates. The proposal is in the amount of $12,470.00 for the period commencing December 15, 2021 through December 15, 2022. Moved by Lettang, supported by Sizemore to approve the Renewal Insurance Premium between the Michigan Municipal Risk Management Authority and the Local Development Finance Authority (LDFA) in the amount of $12,470.00. Ayes: All Nays: None Motion carried. To approve the Lease Agreement between Linked, LLC and the Local Development Finance Authority (LDFA). Ms. Quell stated that Linked, LLC, a staffing firm, is currently a tenant occupying space #3-I at Velocity. They have expanded their business and created a logistic supply chain company. Linked, LLC is requesting additional space, #3-H, for the logistic portion of their business. The Lease Agreement is month-to-month, commencing on November 1, 2021 at a rate of $700.00/month. Moved by Lettang, supported by Holbrook to approve the Lease Agreement between Linked, LLC and the Local Development Finance Authority (LDFA). Ayes: All Nays: None Motion carried. Old Business Ms. Quell updated the LDFA Board in regards to the service provider for Velocity. Ms. Quell stated that the City has been meeting to formulate a model whereby the service provider is paid per client as opposed to a lump sum. The provider would be supported by an event coordinator, and marketing coordinator. Ms. Quell stated that all the activity would be overseen by an Executive Director for the facility. Public Comment None Adjournment Moved by Sizemore, supported by Lettang to adjourn. Ayes: All Nays: None Motion carried. The meeting adjourned at 8:27am DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 Case-341237 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 Christin Armstrong Secretary 11/22/2021 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9 DocuSign Envelope ID: DFA3AA0F-76FE-4151-9AF1-0101CBAE99C9  (586) 222-3990 Phone / (586) 226-3050 Fax 75 Lafayette Street, Suite 100, Mount Clemens, MI 48043 E-mail – keith@mandoinc.com PROPOSAL Velocity Building 6633 18 Mile Road Sterling Heights, MI 48314 11/15/2021 Att: Kathryn Quell Description: Velocity Center ceiling tiles • Mando Construction to provide labor and materials to do the following o Demo ceiling tiles in north wing suites o Tarp off any sensitive equipment that me be in the way o Suites to be free of people other than Mando employees or contractors while working o Empty suites to be completed first o Install new 2’ tees in ceiling grid o Supply and install Rockfon Tropic Tegular 2’x2’ lay in ceiling tiles throughout. Approximately 2235 ceiling tiles o Debris to be placed in owner provided dumpster o Work to be completed Monday-Friday 8:00 a.m.-5:00 p.m. **WE ARE LICENSED & INSURED-SATISFACTION GUARANTEED** We propose hereby to furnish material & labor. – Complete in accordance with the above specifications, for the sum of: Thirty one thousand seven hundred forty eight dollars_______________$31,748.00 ACCEPTANCE OF PROPOSAL – the above prices, specifications and conditions are satisfactory and are hereby accepted. You are authorized to do the work as specified. Owner is responsible for providing permits. Mando Construction will provide permits if desired by owner for the additional cost of the permit(s) required. Payment will be made as stated below. Signature: ___________________ Title: _________________ Date: ____________ ELECTRICAL C ELECTRICAL CONTRACTORS November 5, 2021 Velocity Center 6633 Eighteen Mile Rd Sterling Heights, MI 48314 Attn: Kathryn Quell Reference: Robot Lab Buzzi Shade Lights We are pleased to submit our proposal for the following electrical work. Our quote is based on our site walk through and inspection Price Includes  Furnish and install BUZZISPACE – Buzzi Shade Large LED light fixtures o (3) Buzzi Shade BUZ631605 Jeans Finish, Black Lace, Black frame, 78” suspension  Install support systems from structure above drop ceiling for Buzzi Shade support  Demo all existing lighting and wiring back to nearest junction box  Furnish and install new switches and cover plates  Wipe down and vacuum clean of all construction debris  Remove and dispose of all fixtures being replaced  Tax and freight charges  Permits and permit fees  Labor, tools, and materials Price Excludes  Drywall repairs or paint  Overtime or shift work. BUZZISPACE Lighting $4,830.00 Labor and Materials $3,070.00 Total Price $7,900.00 Should you have any questions, please feel free to contact me. Thank you for the opportunity. Sincerely, LaBelle Electrical Contractors, LLC Mike Jenks Service Manager 241 CHURCH STREET • MOUNT CLEMENS, MICHIGAN 48043 TEL. (586) 598-7360 • FAX (586) 598-7363 ELECTRICAL C ELECTRICAL CONTRACTORS November 16, 2021 Velocity Center 6633 Eighteen Mile Rd Sterling Heights, MI 48314 Attn: Kathryn Quell Reference: Remaining Tenant Space Lighting Replacement We are pleased to submit our proposal for the following electrical work. Our quote is based on our site walk through and inspection Price Includes  Furnish and install COOPER Metalux Perceive 2x2 lay-in troffer lighting package - (128) Metalux Perceive Ripple Lens 2x2 standard troffer - (29) Metalux Perceive Ripple Lens 2x2 Emergency Backup troffer  Wipe down and vacuum clean of all construction debris  Remove and dispose of all fixtures being replaced  Tax and freight charges  Permits and permit fees  Labor, tools, and materials Price Excludes  Drywall repairs or paint  Overtime or shift work. Lighting Package $42,800.00 Labor and Materials $17,170.00 Total Price $59,970.00 Should you have any questions, please feel free to contact me. Thank you for the opportunity. Sincerely, LaBelle Electrical Contractors, LLC Mike Jenks Service Manager 241 CHURCH STREET • MOUNT CLEMENS, MICHIGAN 48043 TEL. (586) 598-7360 • FAX (586) 598-7363  PROPOSAL PROPOSAL: 117111 DATE: 11/03/21 PROJECT #: 9-646 PROPOSAL FOR: INSTALL AT: VELOCITY VELOCITY 6633 18 MILE RD 6633 18 MILE RD STERLING HEIGHTS MI 48314 STERLING HEIGHTS MI 48314 COST CENTER: SALESPERSON: CLIENT: YOUR P/O: QUOTE VALID STEPHANNIE CHYZ 15666 / / # QTY PRODUCT DESCRIPTION SELL EXTENDED 1 1 PREP AND PAINT AREAS AROUND 700.00 700.00 LIGHTS & AT WINDOW PER PICTURES TAG #1: PAINT - ASSEMB. AREA 2 1 HAWORTH ENCLOSE DEMOUNTABLE 16,000.00 16,000.00 WALLS PER ISCG DRAWINGS FOR OPEN AREA#2, APPROX. 20 LINEAR FEET, INSTALLED TAG #1: DEMOUNTABLE WALLS Thank you for the opportunity to quote on your requirements. Quote valid for 15 days. DEPOSIT REQUIRED 8,350.00 SUBTOTAL....: 16,700.00 ACCEPTED BY____________________________ DATE ACCEPTED____________ =========== TOTAL.......: 16,700.00 PAGE 1OF 1 TERMS AND CONDITIONS 1. This Proposal is not a binding order unless signed by an authorized representative of the Buyer and accepted by a Manager at INTERIOR SYSTEMS CONTRACT GROUP INC. (“ISCG”). 2. If requested by ISCG, the Buyer agrees to provide reasonable financial information necessary to approve credit. ISCG reserves the right to modify the terms of this Proposal, including deposit requirement, based on the information obtained. 3. The Buyer warrants that any financial information provided to ISCG is true and correct. 4. Product purchased on this Proposal is not cancelable or returnable. 5. All imposed tariffs assessed after order placement, and applicable sales and use taxes will be added at the time of invoicing and are the responsibility of the Buyer. 6. The Buyer agrees to ISCG’s NET 30 payment terms. Payment in full is required on all delivered product. Payment for incorrect, or damaged product, may be withheld until issue is resolved or product replacement is delivered. Should Buyer be unable to accept delivery when product is available, Buyer agrees to be invoiced and ISCG will warehouse product for 30 days at no charge. 7. In the event of construction delays, or other causes not within ISCG’s control, force postponement of the delivery and/or installation beyond 30 days, the products will be stored until installation can take place. The products will be considered accepted by the Buyer for purposes of invoicing and payment. The Buyer agrees to pay any reasonable storage charges incurred. 8. In the case of partial deliveries, the Buyer will accept invoice for all products delivered. 9. Delivery and installation will be made during normal business hours utilizing non-union labor. Buyer agrees to pay any additional charges resulting from overtime work, and/or union labor, performed at the Buyer’s request. 10. Interest will be charged at the higher of 18% per annum, or the maximum rate permitted by law, on all past due amounts. 11. Buyer grants ISCG a security interest in the products described in this Proposal until full payment has been received. Buyer agrees to keep product free and clear of all claims and liens until ISCG has been paid in full. 12. ISCG is authorized to file a UCC-1 to further protect its security interest in any unpaid products. 13. Buyer understands and agrees that ISCG is not responsible for a manufacturer’s inability to meet their estimated or expected ship dates. There is no offset, or other price reduction, due to a manufacturer delay. 14. Buyer must provide a free and clear job site during the installation. Elevator service and adequate facilities for offloading, staging, moving, and handling of products must also be provided by the Buyer and without charge to ISCG. The Buyer is responsible for securing all necessary building permits. 15. Buyer is responsible for any damage to, or loss of, products after delivery. Until ISCG has been paid in full, Buyer shall maintain a policy of fire, and extended coverage insurance, on the full value of all products with loss payable to ISCG. 16. ISCG assigns all rights derived from the manufacturer’s warranties to Buyer to the extent such rights are assignable. There are no other warranties, or extended warranties, provided as part of this Proposal. 17. Any controversy or claim arising out of, or relating to, this Proposal and Terms and/or Conditions, or any breach thereof, shall be settled in accordance with the Rules of the American Arbitration Association and judgment upon the award may be entered in any court. 18. Buyer agrees to pay ISCG’s attorney’s fee and all other costs incurred in the enforcement of these Terms and Conditions. 19. The use of VISA, MasterCard or American Express for deposits and/or invoice payments, above $2,000, will be assessed an additional fee equal to 2.0% of the amount charged. 20. The Proposal and Terms and Conditions represent the entire Agreement between Buyer and ISCG and may not be changed without ISCG Management’s written authorization. 12/14/18  LDFA Business Sterling Heights, Michigan 11/30/21 AGENDA STATEMENT OMB AS03 Rev. 11/04 Item Title: To approve the Lease Agreement between National Advanced Mobility Consortium 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 January 1, 2022 for space #1-E consisting of 370 square feet at a rental rate of $500.00/month. Suggested Action: MOVED BY: SECONDED BY: RESOLVED: to approve the Lease Agreement between National Advanced Mobility Consortium and the Local Development Finance Authority (LDFA).  The National Advanced Mobility Consortium, Inc. (NAMC) Alissa C. Roath, Executive Director 24 NOV 2021  Business of the Local Development Finance Meeting: 11/30/21 Authority Sterling Heights, Michigan AGENDA STATEMENT OMB AS03 Rev. 11/04 Item Title: To consider the Reimbursement Request between the Local Development Finance Authority (LDFA) and Steve M. Mancini Electing Small Business Trust Agreement (Developer). (Presentation - Luke Bonner, Senior Economic Development Advisor). Submitted By: Office of Economic Development Contact Person/Telephone: Luke Bonner, Senior Economic Development Advisor Administration (initial as applicable) Attachments City Clerk x Resolution Minutes Finance & Budget Director Ordinance Plan/Map City Attorney (as to legal form) x Contract x Other City Manager  Check box if this agenda item requires billing/revenue collection (fees, etc.) by Treasury Office Executive Summary: Developer has completed the site redevelopment of the Project Site pursuant to the executed Reimbursement Areement (attached) on November 19th, 2019.. Upon completion of the redevelopment, Developer intends to lease the Project Site to Ric-Man Construction, Inc., a Michigan corporation, an eligible manufacturing company, among other tenants. Developer has requested site infrastructure improvements in the amount of $250,000 pursuant to the reimbursement agreement. Included in the redevelopment are activities for which Developer is eligible for reimbursement from SHLDFA funds pursuant to and in accordance with the LDFA Development Plan and Tax Increment Finance Plan, as amended, and as defined by the Local Development Finance Authority Financing Act, Act 57 of Michigan Public Acts of 2018, as amended, M.C.L. § 125.4401 et seq. (“Act 57”), and use such funds to reimburse Developer for eligible activities as set forth and defined under “Public Facility” in Act 57 and more particularity described in the Reimbursement Agreement as related to the construction and extension of improvements for sanitary sewer and as set forth in the project cost budget. The reimbursement request has met all requirements set forth in the Reimbursement Agreement and all invoices and proof of payment for eligible acitivites has been satisfactorily reviewed by the Senior Economic Development Advisor and City Controller. Attached to this agenda statement is the executed SHLDFA Reimbursement Agreement dated November 19, 2019; the letter of request for reimbursement by Ric-Man; and memo from City Controller. Suggested Action: MOVED BY: SECONDED BY: RESOLVED, to approve the Reimbursement Request with Steve M. Mancini Electing Small Business Trust Agreement.  Interoffice Memorandum Date: October 29, 2021 To: Jennifer Varney, Finance and Budget Director From: Nick Makie, Controller Subject: Steve M. Mancini reimbursement – LDFA In November of 2019 the Sterling Heights Local Development Finance Authority (the “LDFA”) and Steve M. Mancini Electing Small Business Trust Agreement Dated December 15, 2014 (“the Developer”) entered into an agreement in which the LDFA agreed to reimburse the Developer for $250,000 of eligible development activities completed at the described project site. Activities completed by the Developer were to be qualifying activities under the City’s Development Plan & Tax Increment Financing Plan. The Developer has completed their eligible activities, related to sanitary sewer work, and is seeking reimbursement in the amount of $250,000 for eligible activities. Attached, please find the following documents:  Formal request for reimbursement  An itemized Worksheet detailing eligible expenditures totaling $255,925.66 (amount exceeds requested reimbursement by $5,925.66)  Detailed invoices supporting work performed  A copy of a bank records as proof of payment I have reviewed these documents in detail and have discussed the project and documents with the City’s Economic Development Consultant. Based upon my review, I believe the documentation provided by the Developer meets the documentation requirements laid out in the agreement between the LDFA and the Developer and I support reimbursement. When approved by the LDFA board, this payment will be disbursed per the terms described in the excerpted agreement.  Business of the Local Development Finance Meeting: 11/30/21 Authority Sterling Heights, Michigan AGENDA STATEMENT OMB AS03 Rev. 11/04 Item Title: Consider The Entrepreneurial Services Management Agreement between the City of Sterling Heights Local Development Finance Authority and April Boyle, and independent Entrepreneurial and Innovation Specialist as the Senior Advisor of Innovation and Entrepreneurship. Submitted By: Office of Economic Development Contact Person/Telephone: Luke Bonner, Senior Economic Development Advisor Administration (initial as applicable) Attachments City Clerk x Resolution Minutes Finance & Budget Director Ordinance Plan/Map City Attorney (as to legal form) x Contract x Other City Manager  Check box if this agenda item requires billing/revenue collection (fees, etc.) by Treasury Office Executive Summary: The overall mission of the Sterling Heights SmartZone and all related services, programs, and events conducted therein, is to promote the incubation of early stage companies and related local job creation primarily among technology-based entrepreneurial and newly formed companies, and the Authority’s desire to expand the tax base within the geographic boundaries of the Authority District. In furtherance of these missions, experienced leadership is sought to operate an entrepreneurial and incubation services program for the purposes of commercializing technology and fostering the primary growth of new, technology-based businesses within the City, and the surrounding Macomb County community. April Boyle built the Build Institute from the ground up. The Build Institute is a nonprofit organization with a $1.2M annual operating budget, employs a full-time staff of 6, and contracts with several independent contractors, as needed. Build is governed by a diverse 10-member board of directors. Build Institute classes are designed to help entrepreneurs start, build, and grow their businesses by facilitating connections to the entrepreneurial community, cultivating entrepreneurial skills, and providing a safe and welcoming space for individuals and groups to validate and test their concepts. Additionally, Build guides and supports entrepreneurs to secure funding to start, sustain, or grow their businesses. The proposed contract is $150,000 annually with an option to renew on a regular 12 month basis. Suggested Action: MOVED BY: SECONDED BY: RESOLVED, to approve the Contract with April Boyle as the Senior Advisor of Innovation and Entpreneurship. April Boyle C O M M U N I T Y & Economic Development Executive AprilBoyle123@gmail.com 313.345.2004 LEADERSHIP Proven, dynamic, innovative community changemaker and nonprofit leader. As the founder and executive director of Build Institute, my vision and leadership led to more than $40M in startup activity and impacted thousands of Detroit-based entrepreneurs' lives. I am a fierce advocate for inclusive and equitable community-based economic development and wealth building. Nationally recognized subject matter expert for grassroots community economic development and placemaking. Economic Development Place-Based Entrepreneurship Program Design Public Speaking Education Programs Operations Project Management Fundraising Strategic Partnerships Events KEY ACCOMPLISHMENTS ▪ Graduated 2,000 + innovators from Build Institute programs who created more than > $10 Million dollars in community economic impact. Dedicated to diversity, equity and inclusion, the Build Institute democratizes entrepreneurship and ensures access to training,mentoring, and funding for all. 83% of Build Institute’s participants are women, 63% are people of color, and 73% of Build’s graduates self-identify as low-income. ▪ Led a $1M capital campaign and project plan for new headquarters, the Build Institute Inclusive Innovation Hub at The Corner inCorktown. Secured more than $250,000 in professional services, fixtures, furniture and equipment. ▪ Established Build Institute as a national model and best practice for equitable entrepreneurship. ▪ Franchised and licensed BUILD Basics program to seven new communities including Ferndale, Hazel Park, Pontiac,Hamtramck and Washtenaw County, Michigan, and Fort Wayne, Indiana, and Bradenton Florida. ▪ Sought after keynote speaker and panelist featured at SXSW, Detroit Homecoming, InBIA ICBI, Co.Starters Summit, interMitten Notable Strategic Partners & Funders – NEI, Bank of America, JP Morgan Chase, Ralph C. Wilson Foundation, William Davidson Foundation, Knight Foundation, Comcast, LISC, Quicken Loans Community Fund, Skillman Foundation, Flagstar Bank, Ford Motor Company Fund. PROFESSIONAL EXPERIENCE Founder + Executive Director 2014 - 2019 Build Institute, Detroit, MI Founded, led, and managed Build Institute, a Detroit-based entrepreneurial technical assistance organization. Incorporated as a new nonprofit organization and grew it into a thriving entrepreneurial community. Build Institute has a $1.2M annual operating budget, employs a full-time staff of 6, and contracts with several independent contractors, as needed. Recruited, managed, and collaborated with a diverse 10-member board of directors. Managed full-time, part-time, and contract staff and interns. Build Institute classes are designed to help entrepreneurs start, build, and grow their businesses by facilitating connections to the entrepreneurial community, cultivating entrepreneurial skills, and providing a safe and welcoming space for individuals and groups to validate and test their concepts. Additionally, Build guides and supports entrepreneurs to secure funding to start, sustain, or grow their businesses. Researched, developed, licensed, or acquired best-in-class programs to deliver a portfolio of 13 distinct programs: Open City, Co-Starters Canvas, Build Basics, Build Bazaar, Pilot, Detroit SOUP, Kiva, Honeycomb Capital, Build Next, Build Master Classes for Space, Impact/social entrepreneurship, Facebook/Social Media, Etsy. Director of Small Business Initiatives 2011-2014 Dhive, Detroit, MI Designed, launched, and facilitated entrepreneurial startup education program platform to meet the needs of neighborhood residents. https://www.linkedin.com/in/april-jones-boyle-19860113/ APRIL BOYLE Co-owner Gold Cash Gold Restaurant, Detroit, MI 2011 - 2020 Uniquely Detroit farmstead fine food with a nod to the South, rooted in old world tradition. Formed partnership to purchase andrevitalize abandoned building. Built nationally renowned gastropub fueling Detroit's restaurant renaissance. Founder + Partner Komodo Kitchen 2011-Present Monthly pop-up supper club featuring food and drink from the islands of Indonesia. Committed to delivering a complete Indonesian cultural experience, Komodo Kitchen curates food, music, aromas and artwork from our beloved archipelago. Dedicated to creating celebratory occasions for our guests using locally and organically sourced ingredients whenever possible. AWARDS & MEMBERSHIPS Kiva Detroit, Board Member 2018-Present Ponyride Detroit, Advisory Board 2015-2020 National Rubinger Fellowship 2020-2021 Kaufman Inclusion Open 2019 Tough Enough to be a Girl Scout, Girl Scouts of America 2019 Economic Champion, LISC Detroit 2019 Notable Women in Nonprofit, Crain’s Detroit Business 2019 Gingras Global GUS Social Entrepreneur of the Year 2018 CORP! Diversity Champion 2018 NAWBO Influential Women in Business Red Tape Buster Award 2018 Certificate of Special Congressional Recognition 2018 CORP! Entrepreneur of the Year 2017 Neighborhood Builder, Bank of America 2016 E D U C A T I O N & P R O F E SS I O N A L D E V E L O P M E N T Bachelor of Arts - Anthropologie Wayne State University - Detroit, MI Graduated Cum Laud Goldman Sachs 10,000 Small Business Detroit, Cohort 11 Detroit Regional Chamber, Leadership Detroit XL Bizdom U, Business Accelerator Indiana University-Purdue University Indianapolis (IUPUI), Nonprofit Executive Leadership Certificate Influencer Training, Vital Smart https://www.linkedin.com/in/april-jones-boyle-19860113/  ENTREPRENEURIAL SERVICES MANAGEMENT AGREEMENT This Entrepreneurial Services Management Agreement (“Agreement”), dated November 30, 2021, is between the City of Sterling Heights Local Development Finance Authority (“Authority”) and April Boyle, and independent Entrepreneurial and Innovation Specialist (“Consultant”). RECITALS A. The Michigan Legislature enacted Public Act 248 of 2000 to amend 1986 PA 281 to promote the development of high technology businesses throughout the State of Michigan (“Act”); B. The Michigan Economic Development Corporation (“MEDC”) was authorized by Public Act 105 of 2008 to designate three additional Certified Technology Parks within the State of Michigan by December 31, 2008; C. On December 30, 2008, the MEDC, the City of Sterling Heights (“City”), and the Authority entered into the Sterling Heights SmartZone Agreement, as permitted under Section 12a(3) of the Act, for the designation of an Authority District to be subsequently identified as a SmartZone and to establish the terms and conditions of that designation (“Sterling Heights SmartZone”); D. All Tax Increment Revenues received by the Authority from the Sterling Heights SmartZone may be expended by the Authority for all purposes and in those amounts authorized under the Act and the approved Tax Increment Financing Plan (“TIFP”); E. Consultant acknowledges the overall mission of the Sterling Heights SmartZone and all related services, programs, and events conducted therein, is to promote the incubation of early stage companies and related local job creation primarily among technology-based entrepreneurial and newly formed companies, and the Authority’s desire to expand the tax base within the geographic boundaries of the Authority District. In furtherance of these missions, Consultant will operate an entrepreneurial and incubation services program for the purposes of commercializing technology and fostering the primary growth of new, technology-based businesses within the City, and the surrounding Macomb County community. The “Velocity Center Incubator” will strive to foster an environment of entrepreneurship, innovation, and collaboration to support the launch of these new businesses while assisting in the growth of existing companies predominantly in the areas of Manufacturing, Engineering and Technology. F. On______________ 2021, the Authority, approved Consultant as its new Entrepreneurial Services Provider for the Sterling Heights SmartZone and authorized entering into an agreement whereby the Authority engaged Consultant to operate the day-to-day functions of the “Velocity Center Incubator,” and identify and implement programs designed to foster the use of the “Velocity Center Incubator” with the consultation and guidance of the Authority. G. Consultant’s job responsibilities will include the identification, and establishment of programs for the development of high-technology enterprises by providing technology and business programs consistent with the Act that include without limitation  providing clients with: non-exclusive access to meeting facilities; opportunities for assistance in connection with business development, obtaining financing and capital, and commercialization of technology; opportunities for involvement in educational and research activities that include without limitation access to various university and research and development institutes and centers, research support, and gain access to student interns; H. The “Velocity Center Incubator” will promote outreach and solutions to meet the business-development needs for local enterprises utilizing their expertise in collaboration with other resources including universities, colleges, research institutions; Now therefore, Consultant and Authority agree as follows: 1. Payment for Consultant Services. Authority shall cause Consultant to be paid a total of $150,000.00 for her services as outlined in this Agreement, payable in 12 equal month installments. 2. Consultant Services. Consultant will manage the day-to-day operations and identify and implement “Velocity Center Incubator” programs for the Authority with appropriately budgeted Tax Increment Revenues (and revenues from grants and other sources received from the Authority) designed to foster the use of the “Velocity Center Incubator” and shall: (i) Identify and implement entrepreneurial and start-up support programs. (ii) Identify, recommend, and contract with independent consultants on behalf of the Authority (with Authority’s prior written approval), with sufficient expertise and staffing to assist Consultant in developing and promoting the “Velocity Center Incubator” programming, entrepreneurial services, and support programs. (iii) Identify and engage resources, in-kind area corporate community support, for providing expert commercialization business development assistance to accelerator client companies within the “Velocity Center Incubator.” (iv) Conduct periodic business forums on commercialization resources regional entrepreneurs, with special promotion of the “Velocity Center Incubator”; (v) Provide a single point of contact to expedite the process of identifying and coordinating “Velocity Center Incubator” resources with other Affiliated Parties; (vi) Provide information on relevant technologies; (vii) Use best efforts to meet or exceed the goals and metrics established from time to time by the Authority to meet the goals set for the “Velocity Center Incubator”. (viii) Use best efforts to identify and provide the City’s Building Coordinator with leads for tenants to lease space within the “Velocity Center Incubator” building and co-working space. (ix) Using best efforts to identify and provide the City’s Coordinator with leads for “virtual tenants” to lease mailboxes within the “Velocity Center Incubator” building, and provide for occasional use of conference facilities. (x) Participate in the activities of the Statewide SmartZone Council. (xi) Attend regularly scheduled Authority Board meeting. (xii) Ensure that no Tax Increment Revenue proceeds are used to fund the costs of  direct subsidies, programs or services provided to or for tenants or clients such as research, stipends or grants, employee compensation subsidies, or grant proposal assistance. (xiii) Collaborate with the Authority and City’s Senior Economic Development Advisor to develop and implement strategies to facilitate the commercialization of technologies in the Sterling Heights SmartZone, as outlined in the SmartZone Plan. (xiv) Prepare a Proposed Budget, as stated herein, for programming and marketing of “Velocity Center Incubator.” 3. General Building Services. All accommodations required by entities renting the space for the aforementioned events will be managed by the City’s Building Coordinator; general lobby areas or main points of entry will be staffed by the City’s Building Coordinator through interns, part-time staff, or full-time staff, to answer phones, greet visitors, view event calendars for additional event scheduling etc., in cooperation with Consultant. 4. Consultant Reporting Requirements. Consultant shall provide, or cause to be provided to, the Authority and the MEDC periodic reports at least twice a year containing the following information: (i) A summary of the Sterling Heights SmartZone operations with the data points that are required to be reported to the MEDC from time-to-time, such as, number of businesses assisted, number of businesses locating or expanding in the Sterling Heights SmartZone, number of jobs created/retained, number of on-going and completed research projects, number of on-going and completed commercialization projects, and amount of investments in the Sterling Heights SmartZone, and similar information for activity of the “Velocity Center Incubator”; (ii) With support of the City finance department the use of the Authority’s Tax Increment Revenues during the Authority’s prior fiscal year; (iii) Assist the City to identify and report the proposed use of the Authority’s Tax Increment Revenues for the Authority’s next fiscal year; (iv) Provide detailed metric reporting of program progress and impact. (v) Such other information as Consultant may develop or encounter relating to companies in Macomb County which may be potential tenants of the “Velocity Center Incubator” building or clients users of the “Velocity Center Incubator”. (vi) Provide an update to the Authority’s Board on a quarterly basis including, but not limited to, a report on status of all program metrics, progress, and implementation. (vii) Weekly strategy meetings with city administration. Consultant shall continue to provide these services in a professional manner consistent with guidelines set forth the Principles and Best Practices of Successful Business Incubation developed by the International Business Innovation Association and in accordance with this Agreement.  5. Budgeting for Programs, Entrepreneurial Services, and Marketing. (i) Initial Proposed Budget. Consultant shall provide the Authority with a list of proposed programs and entrepreneurial services to be performed within a “Proposed Budget,” along with a Proposed Budget for marketing the programs and services offered at the “Velocity Center Incubator” within 120 days of the effective date of this Agreement. The Proposed Budget and identified programs shall be subject to approval by both the Authority and City Council of the City (“City Counsel”). All budgets shall be submitted for approval annually by Consultant for consideration by the Authority and City Council on or before September 1 of each year. If the funding is reduced in the following fiscal year for exiting programming, then the Authority and Consultant will confer to prioritize and reduce or cease any ongoing programs or services to best serve the needs of the “Velocity Center Incubator.” In no event will Consultant be obligated to perform or subsidize any services, for the Authority, the City, or the “Velocity Center Incubator”, that are not fully budgeted for by the Authority. In addition, the Authority and/or the City may also designate special funding restricted to special projects. (ii) Funding. The Authority, upon approval, of the Budget will commit “Tax Increment Revenue” (made up of state and local school capture) for the operation of programs by “Velocity Center Incubator.” Consultant shall invoice the LDFA on a monthly basis, thereafter, for all program costs and third party consultant fees not later than the 20th day of each month to coincide with the City of Sterling Heights monthly billing cycle. (iii) Future Budgeting. The Parties’ representatives shall meet and confer with respect to the anticipated amount of Tax Increment Revenue expected to become available to develop and fund the next fiscal year’s annual “Proposed Budget.” Consultant shall provide the Authority with a list of proposed programs and entrepreneurial services to be performed within a Draft Budget Until officially adopted) for the next fiscal year by February 15th, 2023. The Draft Budget shall include the amount requested from the Authority for each Program, as well as a statement that the Proposed Budget, if approved, will provide sufficient funds for Consultant deliver the proposed Programs and Entrepreneurial Services identified as part of the Draft Budget. MISCELLANEOUS 1. Entire Agreement. This Agreement sets forth the entire agreement between the Parties and replaces and supersedes all prior agreements or understandings between the Parties regarding the subject matter herein, and specifically replaces and supersedes any previous arrangements the City and/or Sterling Heights LDFA had in place with regards to entrepreneurial services, and technology incubation within the Sterling Heights SmartZone building located at 6633 18 Mile Road, Sterling Heights, MI 48314. 2. Term. The agreement shall be in full effect for 12 months, and shall automatically renew, unless or until otherwise terminated pursuant to Section 12, below.  3. Severability of Provisions. If any provision of this Agreement, or its application to any Party or circumstance, is invalid or unenforceable, the remainder of this Agreement and the application of that provision to other Parties or circumstances is not affected but will be enforced to the extent permitted by law. 4. Governing Law. This Agreement is made and entered into in the State of Michigan and shall in all respects be interpreted, enforced and governed under the laws of the State of Michigan. 5. Captions. The captions, headings, and titles in this Agreement are intended for the convenience of the reader and not intended to have any substantive meaning or to be interpreted as part of this Agreement. 6. Jurisdiction and Venue. Any disputes between the Parties over the meaning, interpretation, or implementation of the terms, covenants or conditions of this Agreement that cannot be resolved by informal discussions between the Parties conducted in good faith, may be submitted to the appropriate courts of the State of Michigan. 7. Amendment. This Agreement may be amended, or an alternative form of the Agreement adopted only upon written agreement of the Parties. 8. Independent Contractors. The Parties agree that at all times and for all purposes under the terms of this Agreement each Party’s relationship to any other Party is that of an independent contractor. Each Party will be solely responsible for the acts of its own employees, agents, and servants. No liability, right, or benefit arising out of any employer/employee relationship, either express or implied, shall arise or accrue to any Party as a result of this Agreement. 9. Insurance. Consultant shall maintain shall provide or cause to be provided, sufficient property, casualty, and liability insurance coverage to support its services under this Agreement, and as may otherwise be required by applicable federal, national, state and local laws and regulations; and shall name the City of Sterling Heights, the Authority, and their elected and appointed officials, employees, and agents as an additional insured on such policies; and provide the Authority with a certificate of insurance, evidencing the foregoing upon execution of this Agreement and from time to time as the Authority may request. Consultant shall, at a minimum, maintain the following insurance: (1) Statutorily required Worker’s Compensation and Employer Liability (to the extent Consultant has employee of its own); (2) Commercial General Lability coverage for $1,000,000 for bodily injury and property damage for each occurrence; (3) Business Automobile Lability coverage of $1,000,000 for Bodily Injury Lability (each person/occurrence) and Property Damage Liability coverage of $1,000,000 for each occurrence. 10. Counterpart Signatures. This Agreement may be signed in counterparts. The counterparts taken together shall constitute a single instrument and agreement. 11. No Waiver. No waiver by any Party of any breach of obligations, agreements or covenants herein will be a waiver of any subsequent breach of any obligation, agreement or covenant, nor will any forbearance by any Party to seek a remedy for any breach by another Party to this Agreement be a waiver of any rights or remedies with respect to such or any subsequent breach, nor will any express waiver by any Party be deemed to apply to any other existing or subsequent right to remedy any default by another Party to this Agreement. No waiver by a Party of any default or breach by another Party to this Agreement in the performance of any of the covenants or obligations under this Agreement can be deemed to have been made by a Party unless contained in a writing executed by an authorized representative of the waiving Party. No Party waives any immunity, governmental or otherwise, provided by law. 12. Termination. This Agreement will terminate by the first to occur of the following: (a) An action, other than one caused by an event of default, by any of the following means that voids, suspends, terminates or revokes the approval by MEDC of the Authority District as the area in which the Authority may establish a SmartZone or the authorization for the Authority to capture and use Tax Increment Revenues to support the University services; (b) Court order; (c) Any ruling, bulletin, order, administrative or executive decision of the State of Michigan , State of Michigan Tax Commission, any State of Michigan official, or State of Michigan commission, authority, body or employee with authority to make such determination or take such action; (d) State or federal legislative action; (e) The involuntary dissolution or liquidation of the Authority; (f) The termination for cause of the Sterling Heights SmartZone Agreement by the MEDC and the local representatives; (g) This Agreement may be terminated by either Party for any reason, or no reason at all, after delivery of sixty (60) days written notice to the other Party. After the termination is effective, each Party shall make a final settlement of any outstanding financial obligations, if any, owed to the other Party within sixty (60) days of the effective date of the termination. The Parties have executed this Agreement by their duly authorized representatives as of the Amended and Restated Affiliated Party Agreement Date. [SIGNATURES ON FOLLOWING PAGE] CITY OF STERLING HEIGHTS LOCAL DEVELOPMENT FINANCE AUTHORITY By: Its: Chairperson By: Its: Secretary Date: , 2021 Consultant April Boyle Date: , 2021