Ryan Kost

Virtual currency machine licensing

Operators would pay an annual licensing fee; details of the fee amount aren't set in this discussion.

Saginaw Street Corridor 2026 Activities

Costs include mural sponsorships and a vinyl wrap engagement with M3; specific figures were not stated.

Michigan Avenue Corridor 2026 activities update

Could become a budget priority in FY 2027/2028 if the city lacks staff to do the work.

Downtown Lansing, Inc. Board Appointment

Corridor banner installation delay

LEDC Budget and Economic Development

The agreement covers paid staff services for the authority, paid from its TIF funds — the exact rates weren't finalized in the materials.

Business grant program

Federal ARPA dollars may be shifted toward aesthetic and design improvements in the corridor.

Downtown Lansing Viability and Mikado Club

Possible $250,000 city allocation plus other funding sources; no dollars committed yet.

Children's Savings Program Grant (CEDAM)

Grant-funded, so no direct hit to the city budget.

Community Reinvestment Act rule changes

LDFA Budget FY 2027

Zero dollar impact to the City of Lansing.

Trinity Lutheran Church exterior improvement grant

The grant amount was not stated in the minutes.

Eastside Summer Festival and Fall Festival planning

The board adopted an event expenses resolution covering these activities; dollar amounts weren't stated.

$4.3M state grant for Reo Town

$4.3 million in state grant funds coming to Reo Town projects.

Old Town social district expansion

Could boost Old Town foot traffic and business sales, though figures weren't given.

Ovation Music Venue Construction

$28 million construction budget; $3.75 million spent so far; $12.5 million projected annual economic impact.