SmartZone Local Development Finance Authority Regular Meeting

SmartZone Local Dev Finance Authority City Hall Minutes Packet 300 Monroe Ave NW, 9th Floor Grand Rapids, MI 49503 April 13, 2022 @ 10:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 10:31 AM by Chair Hal Ostrow. PRESENT: Jerry Kooiman, Hal Ostrow, Lisa Freiburger, Keith Brophy, Jerry Callahan, Mark Washington (arrived 10:39) ABSENT: Al Vanderberg, Kristian Grant, Randy Thelen, John Helmholdt OTHERS Jeremiah Gracia, Jordan Turner, Regina Pell, Jessica Wood (legal PRESENT: counsel), Bonnie Dawdy (Spartan Innovations), Janet Wyllie (Spartan Innovations), Kyle McGregor (Spartan Innovations), Ted Velie (Michigan House) II. Public Comment on Agenda Items None. III. Minutes Approval 1. Approval of Minutes from February 9, 2022 No questions or comments were noted. Motion to approve the minutes from February 9, 2022. RESULT: ACCEPTED [UNANIMOUS] MOVER: Lisa Freiburger, Member SECONDER: Jerry Kooiman, Secretary YEAS: Ostrow, Kooiman, Brophy, Callahan, Freiburger ABSENT: Vanderberg, Grant, Helmholdt, Thelen, Washington IV. Action Items 1. Fiscal Year 2023-2027 Priority Plan and FY2023 Budget Recommendation for the City of Grand Rapids SmartZone Local Development Finance Authority Jordan Turner presented the FY2022 year-end estimate, the FY2023 proposed budget, and FY2024-FY2027 forecast. Generated 4/13/2022 11:19 AM SmartZone Local Dev Finance Authority Meeting Full Page 2 April 13, 2022 Mark Washington arrived at 10:39 AM. Motion to recommend the FY2023 budget to the City Commission as presented. RESULT: APPROVED [UNANIMOUS] MOVER: Lisa Freiburger, Member SECONDER: Keith Brophy, Member YEAS: Ostrow, Kooiman, Brophy, Callahan, Freiburger, Washington ABSENT: Al Vanderberg, Kristian Grant, John Helmholdt, Randy Thelen V. Reports 1. Michigan House Presentation Ted Velie presented the report included in the agenda packet. RESULT: DISCUSSED VI. Other Business None. VII. Public Comment City Manager Mark Washington acknowledged the GRPD shooting incident the previous week which resulted in the death of Patrick Lyoya. He stated that he had been asked by members of the business community if the city anticipated any interruptions to normal operations as a result of planned protests and demonstrations. Mr. Washington said that at this point the city did not anticipate any interruptions to City operations. VIII. Adjournment The meeting was adjourned at 11:04 AM by Chair Ostrow. Generated 4/13/2022 11:19 AM