Board of Directors

Detroit Downtown Development Authority
Development

Wednesday, Sept. 14, 2022
3:00 p.m. — 5:00 p.m. EDT

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Reporting

Edited and summarized by the Detroit - MI Documenters Team

Note-taking by Carolyn Pugh

QLine subsidy costs DDA $900k annually. Catalyst dev. plan extended 1 yr: 14-floor, 290 room hotel by LC Arena.

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Live reporting by David Palmer

QLine subsidy costs DDA $900k annually. Catalyst dev. plan extended 1 yr: 14-floor, 290 room hotel by LC Arena.

David Palmer @DavidPalmer76
Hello #Detroit! At 3pm I will be live tweeting today’s Detroit Downtown Development Authority Board of Directors meeting for #DETdocumenters. Our partners: @DetDocumenters @media_outlier @BridgeDet313 @chalkbeatDET @Detour_Detroit @freep @metrotimes @PlanetDetroit @wdet 🧵

01:25 PM Sep 14, 2022 CDT

David Palmer @DavidPalmer76 2/32
Find info about the DDA on the @DEGCAllBusiness website degc.org/dda/
David Palmer @DavidPalmer76 3/32
This map of the DDA district is taken from the “Restated City of Detroit Downtown Development Authority Tax Increment Financing Plan & Development Plan for Development Area No.1” dated June 20, 2017. https://t.co/NHJ3iIp7qE
David Palmer @DavidPalmer76 4/32
There are discrepancies as to the membership of the DDA per the City’s website & that of SoapBoxDetroit.com. Lanard Ingram, DEGC Director of Public Relations, sent the current roster. He notes in an email: “The Board is made up of volunteer members who are not compensated.” https://t.co/dFE1Bnvtyp
David Palmer @DavidPalmer76 5/32
Upcoming DDA board meetings , per the Public Meeting Notice for 2022 & 2023: degc.org/wp-content/upl…
David Palmer @DavidPalmer76 6/32
September 14, 2022 meeting agenda: …sy5ck73amt9qv-wpengine.netdna-ssl.com/wp-content/upl… https://t.co/UOeyDhc2r3
David Palmer @DavidPalmer76 7/32
Meeting attendance can be in-person, or via zoom, however: “DEGC encourages the public, non-DEGC board presenters and general DEGC staff to participate in all public authority meetings via Zoom.”
David Palmer @DavidPalmer76 8/32
Join Zoom Meeting
us06web.zoom.us/j/85685199173?…
Meeting ID: 856 8519 9173
Passcode: 485582
877 853 5247 US Toll-free
Meeting ID: 856 8519 9173
David Palmer @DavidPalmer76 9/32
Those seeking to make public comment are requested to email Malinda Jensen, Senior VP Government Affairs, in advance of the meeting. mljensen@degc.org https://t.co/Sk1IjdECYX
David Palmer @DavidPalmer76 10/32
Here is a link where you can download the DDA "Rules of Procedure" (AKA: bylaws) tinyurl.com/43hmyv7r
David Palmer @DavidPalmer76 11/32
Here is where you can download the most recent "Tax Increment Financing Plan" for the DDA tinyurl.com/27yu9f2s
David Palmer @DavidPalmer76 12/32
The live tweet will begin at about 3pm. See you all back here in about 12 minutes.
David Palmer @DavidPalmer76 13/32
The meeting starts at 3pm, with quorum. The minutes were approved without objection. Treasurer report: $155 million cash on hand. https://t.co/59KAkL5wwp
David Palmer @DavidPalmer76 14/32
Revenues out performed budget by $11 million according to the Treasurer. Due to property value increases and owners paying their taxes on time. https://t.co/xmbeWY7AQa
David Palmer @DavidPalmer76 15/32
Treasurer: The DDA's largest expenditure is the M1 rail @qlinedetroit subsidy at $900k annually. There are also signifiant maintenance costs for Little Caesars Arena and Comerica Park.
David Palmer @DavidPalmer76 16/32
@qlinedetroit Treasurer's report was accepted. https://t.co/MXEt252ABm
David Palmer @DavidPalmer76 17/32
@qlinedetroit Discussion moves to the Catalyst Development Project https://t.co/ASyeS6gB01
David Palmer @DavidPalmer76 18/32
@qlinedetroit Request today for DDA is for Olympia Entertainment properties and required development plans https://t.co/KohGMA0IKw
David Palmer @DavidPalmer76 19/32
@qlinedetroit Olympia proposes a 14 floor 290 room hotel next to the Little Caesars Arena https://t.co/P1T7kubWvJ
David Palmer @DavidPalmer76 20/32
@qlinedetroit 2024 start, 3 year build, estimated $100 million investment https://t.co/5nc8HJZ6Kt
David Palmer @DavidPalmer76 21/32
@qlinedetroit Rendering image. https://t.co/yG7ficYxmK
David Palmer @DavidPalmer76 22/32
@qlinedetroit Olympia requests a one year extension on development plans for the other parcels required in the agreement. https://t.co/vmbdpJWxVt
David Palmer @DavidPalmer76 23/32
@qlinedetroit I requested a copy of the meeting packet in advance of the meeting and was told that they would be made available on request after the meeting.
David Palmer @DavidPalmer76 24/32
@qlinedetroit Olympia Development President Keith Bradford is present to answer questions. Very hard to understand who is speaking via the DDA Zoom thread, maybe they could purchase one of these to show speakers? owllabs.com/products/meeti…
David Palmer @DavidPalmer76 25/32
@qlinedetroit Cell phone traffic in the district is 40% under where we were pre-pandemic. Here are the current Zoom attendees. https://t.co/R12otDMh9A
David Palmer @DavidPalmer76 26/32
@qlinedetroit Cell phone traffic comment was made by Mr. Hollowell. Speakers are not identifying themselves prior to comments, hard to know who is talking.
David Palmer @DavidPalmer76 27/32
@qlinedetroit A board member is encouraging developers to go for all the incentives they can. Sherard-Freeman: "looking forward to continued partnership" as relates their work with small business. Want to strengthen Detroit's small business ecosystem.
David Palmer @DavidPalmer76 28/32
@qlinedetroit Motion to approve the agreement passes without objection.
David Palmer @DavidPalmer76 29/32
@qlinedetroit Staff note: moving to a new data platform for managing DDA board documents and communications ahead of the next meeting.
David Palmer @DavidPalmer76 30/32
@qlinedetroit Public comment: 2 minutes for each comment. Current list of Zoom attendees shown here. There are no public comments and the meeting is adjourned at 3:27pm. https://t.co/j6HJIAdLmc
David Palmer @DavidPalmer76 31/32
@qlinedetroit This ends today's coverage of the Detroit Downtown Development Authority Board of Directors meeting for #DETdocumenters. Thanks to our partners: @DetDocumenters @media_outlier @BridgeDet313 @chalkbeatDET @Detour_Detroit @freep @metrotimes @PlanetDetroit @wdet 🛑🧵
David Palmer @DavidPalmer76 32/32
I took the names from the roster and built out the information on the spreadsheet image.
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Attachments

DDA member roster
By David Palmer 9/14/2022
DDA rules and procedures (bylaws)
By David Palmer 9/14/2022
TIFF plan
By David Palmer 9/14/2022
Catalyst Project
By Carolyn Pugh 9/14/2022
DDA Treasurer
By Carolyn Pugh 9/14/2022
Transcript & Recording
By Lynelle Herndon 9/14/2022

Agency Information

Detroit Downtown Development Authority

www.degc.org

See Documenters reporting

The Downtown Development Authority (DDA) was established pursuant to Michigan Public Act 197 of 1975, as amended, and supports private investments and business growth through loans, sponsorships and grants, capital improvements to public infrastructure and additional programs designed to increase economic activity. Funding for DDA programs comes from a number of sources such as grants, contracts, interest on loans and captured tax increments – increases in property taxes that result from new investments – on approved developments. Property owners within the DDA district pay a 1 mill property tax to fund the basis operation of the DDA.

Documents

Transcript and recording
By Noah Kincade 9/14/2022
Document
9/14/2022

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