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 January 11, 2023 @ 10:30 AM City Commission Chambers PRESENT: Hal Ostrow, Al Vanderberg, Keith Brophy, Jerry Callahan, Lisa Freiburger, Mark Washington ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen, Greg Sanial OTHERS: Jeremiah Gracia, Jordan Turner, Tricia Chapman, Chad Buczkowski, Jessica Wood, John Weiss I. Call to Order - Informational Meeting The meeting was called to order at 10:34 AM by Chair Hal Ostrow. 1. Michigan Public Act 57 Annual Report for Fiscal Year 2022 Jordan Turner presented the report. 2. Public Comment on Annual Report for Fiscal Year 2022 None II. Adjournment - Informational Meeting Informational meeting was adjourned at 10:35 III. Call to Order - Regular Meeting The regular meeting was called to order at 10:35 AM by Chair Hal Ostrow. IV. Public Comment on Agenda Items None. V. Minutes Approval 1. Approval of Minutes from December 14, 2022 No corrections or comments were noted. Motion to accept the minutes from December 14, 2022. RESULT: ACCEPTED [UNANIMOUS] MOVER: Al Vanderberg, Treasurer SECONDER: Mark Washington, Member YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen, Greg Sanial Generated 1/20/2023 08:26 AM SmartZone Local Dev Finance Authority Meeting Full Page 2 January 11, 2023 VI. Financials 1. Interim Financial Statements as of December 31, 2022 Tricia Chapman presented the financial statements and answered q uestions. Motion to accept financial Statement C. RESULT: APPROVED [UNANIMOUS] MOVER: Lisa Freiburger, Member SECONDER: Hal Ostrow, Chair YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen, Greg Sanial 2. Plante Moran Audit Ms. Chapman explained the audit contained in the agenda packet. RESULT: RECEIVED AND FILED VII. Action Items 1. Electing Board Officers and Executive Committee for 2023 Hal Ostrow, Jerry Kooiman, and Al Vanderberg volunteered to reprise their roles of Chair, Secretary and Treasurer, respectively. Motion to approve the slate of Officers. RESULT: APPROVED [UNANIMOUS] MOVER: Mark Washington, Member SECONDER: Lisa Freiburger, Member YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen, Greg Sanial 2. Resolution Approving and Authorizing Issuance of a Request for Qualifications (RFQ) for Gateway Services Mr. Turner explained the previous amendment to the Gateway Grant ending March 2023 and the process moving forward. A review committee will include Mark Washington, Keith Brophy, Jerry Callahan, Jordan Turner, and Jeremiah Gracia. Motion to approve and authorize issuance of a Request for Qualifications (RFQ) for Gateway Services for an amount not to exceed $205,000. RESULT: APPROVED [UNANIMOUS] MOVER: Jerry Callahan, Member SECONDER: Keith Brophy, Member YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen, Greg Sanial Generated 1/20/2023 08:26 AM SmartZone Local Dev Finance Authority Meeting Full Page 3 January 11, 2023 VIII. Reports None. IX. Other Business None. X. Public Comment None. XI. Adjournment Meeting was adjourned at 10:54 AM. Generated 1/20/2023 08:26 AM