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 February 8, 2023 @ 10:30 AM City Commission Chambers I. Call to Order The meeting was called to order at 10:34 AM by Chair Hal Ostrow PRESENT: Hal Ostrow, Al Vanderberg, Keith Brophy, Jerry Callahan, Lisa Freiburger, Mark Washington, Greg Sanial ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen OTHERS: Jeremiah Gracia, Jordan Turner, Chad Buczkowski, Jessica Wood, John Weiss, Janet Wylie, Jeff Wesley, Paul Moore, Laurie Supinski, Tammy Movsas II. Public Comment on Agenda Items None. III. Minutes Approval 1. Approval of Minutes from January 11, 2023 No corrections or comments noted. Motion to approve the minutes from January 11, 2023. RESULT: ACCEPTED [UNANIMOUS] MOVER: Mark Washington, Member SECONDER: Keith Brophy, Member YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington, Sanial ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen IV. Action Items 1. SmartZone LDFA Operators MOU Addendum Jordan Turner presented the Addendum from the agenda packet. The Board had some questions about the MOU addendum and budget allocations. Motion to table this action item until next meeting (March 8, 2023) for staff to gather and provide more details. Generated 2/10/2023 12:17 PM SmartZone Local Dev Finance Authority Meeting Full Page 2 February 8, 2023 RESULT: TABLED [UNANIMOUS] MOVER: Al Vanderberg, Treasurer SECONDER: Greg Sanial, Member YEAS: Ostrow, Vanderberg, Brophy, Callahan, Freiburger, Washington, Sanial ABSENT: Jerry Kooiman, Kristian Grant, Randy Thelen V. Reports 1. SmartZone Operators Quarterly Report Paul Moore and Janet Wyllie presented the Quarterly Report from the agenda packet. Tammy Movsas presented the history of her startup journey in the GR SmartZone. VI. Other Business Mr. Turner and Jeremiah Gracia talked about the communications work the consultants from Lambert have done thus far since starting their work in January 2023. VII. Public Comment None. VIII. Adjournment Meeting was adjourned at 11:32 AM. Generated 2/10/2023 12:17 PM