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Local Development Finance Authority

Regular Meeting

Sterling Heights, MI · September 20, 2022

AgendaMinutes

Minutes

CITY OF STERLING HEIGHTS LOCAL DEVELOPMENT FINANCE AUTHORITY Approved MINUTES OF THE REGULAR MEETING September 20, 2022 – 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: Josephine Attisha, Dr. Michael Balsamo, Phil Hunsberger, Laurel Johnson, Dominic Patrus, Vicky Rowinski, Howard Sizemore, Jill Tomyn Members absent: Ellanore Evans, Bill Holbrook, Josh Hundt, John Lettang, Steve Pomaville, Jeanne Schabath-Lewis Also in attendance: Jason Castor, City Development Director – City of Sterling Heights; Kathryn Quell, Management Services Specialist – City of Sterling Heights; Luke Bonner, CEO Bonner Advisory Group, Senior Economic Development Advisor – City of Sterling Heights; April Boyle, Senior Advisor for Entrepreneurship and Innovation; Rachele Downs, EIR - Downs Diversity Initiatives Motion to Approve the Agenda Moved by Balsamo, 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 Balsamo, supported by Johnson, to approve the Consent Agenda as presented. A. To approve the minutes of the Regular Meeting of August 16, 2022. B. To approve the Shared Workspace Agreement between David Trupiano (LecturePanda, LLC) and the Local Development Finance Authority (LDFA). The Agreement is month- to-month at a rate of $100/month. C. To approve the Shared Workspace Agreement between Matthew Chartier (EyeWyre Software Studios) and the Local Development Finance Authority (LDFA). The Agreement is for the time period of 9/6/22 – 10/15/22 at a flat rate of $264.00. D. To approve authority for Kathryn Quell, Local Development Finance Authority (LDFA) liaison, to sign Lease Agreements for the shared Co-Working space on behalf of the LDFA Board. Ayes: All Nays: None Motion carried. New Business To Consider the Proposal for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority (LDFA) and CCS Presentation Systems – MI, 24660 Dequindre Road, Warren MI 48091 in the amount of $105,473.09. Ms. Quell stated that CCS Presentation Systems performed an extensive evaluation of the seven conference spaces at Velocity. The proposal allows for maximum use of each of the spaces based on how each space is utilized. Enhancements include two-way video conferencing, microphones/speakers for presentations, interactive monitors and wireless connection. Ms. Quell stated that the proposal will bring Velocity to the level of technology necessary to support the tenants and programming of the building. Ms. Quell introduced Matthew Vazana, Vice President of CCS Presentation Systems. Mr. Vazana provided a detailed explanation of the technology for each of the spaces in the proposal. Moved by Balsamo, supported by Patrus, to approve the Proposal for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority (LDFA) and CCS Presentation Systems – MI, 24660 Dequindre Road, Warren MI 48091 in the amount of $105,473.09. Ayes: All Nays: None Motion carried. To Approve a Budget Adjustment to fund the AV Upgrades as proposed by CCS Presentation Systems at Velocity. Ms. Quell stated that currently $88,000 is budgeted for AV Upgrades to Velocity. Ms. Quell is requesting Board approval to approve $20,000 from the LDFA fund balance to fully fund the CCS Presentation Systems proposal in the amount of $105,473.09. Moved by Balsamo, supported by Patrus, to approve the Budget Amendment allocating $20,000 from the LDFA fund balance for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority (LDFA) and CCS Presentation Systems – MI, 24660 Dequindre Road, Warren MI 48091 in the amount of $105,473.09. Ayes: All Nays: None Motion carried. To Consider the Facilities Maintenance Independent Contractor Agreement between the City of Sterling Heights Local Development Finance Authority (LDFA) and Helen Tsouroullis in the amount of $15,000. Ms. Quell stated that the facilities maintenance position, at Velocity, has been vacant since January 2022 and it is essential to have a dedicated facilities maintenance person to service the building. Ms. Quell is requesting approval of the contract with Helen Tsouroullis. The contract has been reviewed by the City Attorney. Moved by Balsamo, supported by Tomyn, to approve the Facilities Maintenance Independent Contractor Agreement between the City of Sterling Heights Local Development Finance Authority (LDFA) and Helen Tsouroullis in the amount of $15,000. Ayes: All Nays: None Motion carried. To Consider the License Agreement Peerspectives System between the City of Sterling Heights Local Development Finance Authority (LDFA) and The Edward Lowe Foundation in the amount of $800.00. Ms. Quell stated that April Boyle requests approval of the License Agreement for the Peerspectives System through The Edward Lowe Foundation. Ms. Quell said that the agreement, reviewed by the City Attorney, contains an Indemnification Clause and therefore, requires Board Approval. Moved by Balsamo, supported by Patrus, to approve the License Agreement Peerspectives Systems between the City of Sterling Heights Local Development Finance Authority (LDFA) and The Edward Lowe Foundation in the amount of $800.00. Ayes: All Nays: None Motion carried. Update – April Boyle, Senior Advisor for Entrepreneurship and Innovation Ms. Boyle provided information to the LDFA Board regarding: EIR activity for August 2022, Senior Advisor action items completed since the last meeting, introduction of Mr. Dennis Dela Cruz - Yseali follow and MEDC service provider meeting. Presentation – Luke Bonner, Senior Economic Development Advisor regarding Sterling Innovation District Old Business Public Comment None Adjournment Moved by Balsamo, supported by Rowinski to adjourn. Ayes: All Nays: None Motion carried. The meeting adjourned at 8:52am

Agenda

CITY OF STERLING HEIGHTS Regular Meeting of the LOCAL DEVELOPMENT FINANCE AUTHORITY 6633 18 Mile Road, Sterling Heights 586-884-9322 VELOCITY BUILDING September 20, 2022 8:00 AM MEETING CALLED TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL APPROVAL OF AGENDA CONSENT AGENDA A. August 16, 2022 Regular Meeting Minutes B. To approve the Shared Workspace Lease Agreement between David Tripiano (LecturePanda, LLC) and the Local Development Finance Authority (LDFA). The Agreement is month-to-month at a rate of $100/month. C. To approve the Shared Workspace Lease Agreement between Matthew Chartier (EyeWyre Software Studois) and the Local Development Finance Authority (LDFA). The Agreement is for the time period of 9/6/22 – 10/15/22 at a flat rate of $264.00. D. To approve authority for Kathryn Quell, Local Development Finance Authority (LDFA) liaison, to sign Lease Agreements for the shared Co-Working space on behalf of the LDFA Board. NEW BUSINESS 1. To Consider the Proposal for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority and CCS Presentation Systems – MI, 24660 Dequindre Road, Warren, MI 48091 in the amount of $105,473.09. 2. To Consider the Facilities Maintenance Independent Contractor Agreement between the City of Sterling Heights Local Development Finance Authority and Helen Tsouroullis in the amount of $15,000. 3. Update – April Boyle, Senior Advisor for Entrepreneurship and Innovation 4. Sterling Innovation District Update OLD BUSINESS PUBLIC COMMENT ADJOURNMENT CITY OF STERLING HEIGHTS LOCAL DEVELOPMENT FINANCE AUTHORITY Draft MINUTES OF THE REGULAR MEETING August 16, 2022 – 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 8:08 a.m. Pledge of Allegiance Members present at roll call: Josephine Attisha, Dr. Michael Balsamo, Phil Hunsberger, Steve Pomaville, Vicky Rowinski, Jeanne Schabath-Lewis, Jill Tomyn Members absent: Ellanore Evans, Bill Holbrook, Josh Hundt, Laurel Johnson, John Lettang, Dominic Patrus, Howard Sizemore Also in attendance: Jason Castor, City Development Director – City of Sterling Heights; Kathryn Quell, Management Services Specialist – City of Sterling Heights; April Boyle, Senior Advisor for Entrepreneurship and Innovation; Rachele Downs, EIR - Downs Diversity Initiatives Motion to Approve the Agenda Moved by Pomaville, supported by Schabath-Lewis, to approve the agenda as presented. Ayes: All Nays: None Motion carried. Motion to Approve the CONSENT AGENDA as presented Moved by Tomyn, supported by Schabath-Lewis, to approve the Consent Agenda as presented. A. To approve the minutes of the Regular Meeting of June 21, 2022. B. To approve the International Landing Zone (ILZ) Lease Agreement between Akimbo Technologies, Inc. and the Local Development Finance Authority (LDFA). Ayes: All Nays: None Motion carried. New Business Update from April Boyle, Senior Advisor for Entrepreneurship and Innovation. Ms. Boyle stated that the website redesign is in the preliminary stages and the logo has been updated. The Re-opening of Velocity with the City will be November 15, 2022. Ms. Boyle said the Lunch & Learn on 8/25 had 20 participants. Also, there are 6 companies working with ReGroup – three manufacturing companies and three software companies. Ms. Boyle said that she is working with Macomb to put together a series of events monthly. Ms. Boyle stated that she is working with the MEDC regarding the gateway grant and will be hiring a representative/liaison. Mr. Hunsberger inquired about the benchmark metrics and when the Board would be receiving them. Ms. Boyle stated that they are not ready yet and the fiscal year started July 1 so after the first quarter. Introduction of Rachele Downs, of Down’s Diversity Initiatives, LLC, the new consultant for the Entrepreneur-In-Residence program at Velocity. Ms. Downs discussed her intake plan and process to review perspective clients. Ms. Downs is meeting with companies and working with ReGroup. Ms. Downs stated that she is building a resource network to assist companies. Old Business Public Comment None Adjournment Moved by Rowinski, supported by Attisha to adjourn. Ayes: All Nays: None Motion carried. The meeting adjourned at 8:48am Business of the Local Development Finance Meeting: 9/20/22 Authority Sterling Heights, Michigan AGENDA STATEMENT OMB AS03 Rev. 11/04 Item Title: Consider The Proposal for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority and CCS Presentation Systems – MI in the amount of $105,473.09. Submitted By: Office of Economic Development Contact Person/Telephone: Kathryn Quell, Building Services Specialist 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: CCS Presentation Systems – MI performed an extension evaluation of the seven conference spaces at Velocity. The proposal allows maximum use of each of the spaces based on how each space is utilized. Enhancements include two-way video conferencing, microphones/speakers for presentations, interactive monitors and wireless connection. The proposal will bring Velocity to the level of technology necessary to support the tenants and programming of the building. The proposal for the seven conference spaces is $105,473.09. Suggested Action: MOVED BY: SECONDED BY: RESOLVED, to approve the Proposal for Velocity AV Upgrades between the City of Sterling Heights Local Development Finance Authority and CCS Presentation Systems – MI in the amount of $105,473.09. IM PACT REPO RT IMPACT REPORT | June 2022 IMPACT REPORT | Year 4 - Purpose A. Continued underwriting: Year 4 of Sterling Heights content will start in July and run through June 2022. Have been running dedicated coverage on Sterling Heights in Metromode since 2018 A. Purpose of partnership: To Identify and capture the story of talent, investment, innovation and emerging assets that are shaping the future of Sterling Heights. A. Weekly content about Sterling Heights is published in Metromode IMPACT REPORT | Innovation District - Purpose To develop a brand and communications platform for the launch of a Sterling Heights Innovation district. A. Define the Story and Capture The Vision B. Develop overall project vision statement for the innovation district C. Define the Brand / Brand Essence Statement D. Develop Sterling Heights Innovation District Logo E. Develop a 6-Part editorial series IMPACT REPORT | At a Glance Year 4 Partner City Innovation District 35 Stories published to-date 7 Features published Logo developed - 23 News Hits Brand defined - 4 Profiles Vision statement drafted - 8 Features Recommendations drafted IMPACT REPORT | Readership 295,633 Total Reach 9,257 Total * Pageviews + Social reach = Engagements Total Reach Source: Google Analytic and Crowdtangle IMPACT REPORT | Top 3 Stories- Year 4 TO P 3 STO RIES Dodge Park Ice Rink, A Sterling Adaptive re-use project will Christmas event return to Sterling Three must-visit independent Heights convert Sterling Heights hotel coffee shops in Sterling Heights 12/2/21 into residential housing 2/17/22 7/8/21 37,661 REACH 38,773 REACH 37,816 REACH 276 ENGAGEMENT 1,093 ENGAGEMENT 1,057 ENGAGEMENT IMPACT REPORT | Innovation District TO P 3 STO RIES ‘Hustling for the hustlers’: Meet the MacLean Additive brings 3D New research and development woman uplifting innovative talent in Sterling Heights printing to Sterling Heights center in Sterling Heights Innovation District expanding defense innovation 5/5/22 1/27/22 4/21/22 31,527 REACH 26,128 REACH 13,711 REACH 70 ENGAGEMENT 125 ENGAGEMENT 294 ENGAGEMENT IMPACT REPORT | Social Shares ● All About Animals Rescue ● Detroit Developments ● Paradise Animal Rescue ● Macomb County Planning & Economic Development ● Lost or Found Pets of Livingston ● Sterling Heights City Hall ● Oakland and Macomb Counties in Michigan ● DCS Corps ● SEMCOG ● Sterling Heights Regional Chamber of Commerce, ● Southeast Michigan Council of Governments ● Detroit Women Entrepreneuers ● Association of Black Anthropologists ● Sterling Heights Michigan Residents Group ● Anthropological Psychology ● Macomb County Residents ● Militant Constitutionalist DEMOCRATS for Majority ● OneMacomb Rule ● Michigan Moms ● Michael Radtke, Sterling Heights Councilman ● Make Macomb Your Home ● Ventimiglia's Italian Foods Co, ● Macomb County P lanning & Economic Development ● Michigan Municipal League,Detroit Community ● S terling Heights S canner ● We Are One Macomb ● Michigan Moms ● Sterling Heights City Politics ● Macomb County Michigan S mall Bus ines s es ● Detroit Community ● New Baltimore Farmers Market Fan P age ● Shelby Township & Utica Michigan Residents Group ● VIT AC ● Disability Network Oakland & Macomb

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