Stories indexed with the term ‘Sakti3’

Public Hearing Set for Sakti3 Abatement

At its May 2, 2011 meeting, the Ann Arbor city council voted to set a public hearing on the granting of a tax abatement to Sakti3, a University of Michigan battery technology spinoff from the University of Michigan. Sakti3 is led by UM professor Ann Marie Sastry. The public hearing will be held as a part of the city council’s June 6, 2011 meeting, which starts at 7 p.m.

Sakti3 is requesting an abatement on $200,000 of real property improvements (electrical construction work) and $2.2 million of personal property (battery cycling equipment, thermal chambers, machine shop equipment, server system).

If granted, the abatement would reduce Sakti3′s annual tax bill for the new improvements by about $17,000 for each year of the abatement. According to city staff, the new real and personal property investments would generate about $22,500 in property taxes each year.

Previously, the council voted on March 21 to set a public hearing on the establishment of the industrial development district under which Sakti3 is applying for an abatement. And on April 4, the city council approved the establishment of the district.

This brief was filed from the city council’s chambers on the second floor of city hall, located at 301 E. Huron. A more detailed report will follow: [link] [Full Story]

Ann Arbor Council Focuses on Downtown

Ann Arbor City Council meeting (April 4, 2011): At its Monday meeting, the council focused much of its time discussing the future of downtown Ann Arbor.

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Councilmember Marcia Higgins (Ward 4) ticks through the list of parcels that would be the focus of a DDA-led development process. (Photos by the writer.)

Councilmembers voted on two major downtown-related agenda items – one affecting the immediate future of an individual parcel, the city-owned Library Lot. The other item involves a process by which the Ann Arbor Downtown Development Authority would lead the planning of development for multiple downtown parcels, including the Library Lot.

The council voted, over dissent from two of its members, to end the RFP process for the Library Lot and to reject a draft letter of intent they’d discussed at a March 14 work session, which would have called for the city to work with Valiant Partners to craft a development agreement for construction of a conference center and hotel on the lot. The Ann Arbor DDA is currently building a roughly 640-space underground parking garage on that parcel.

Based on a separate resolution passed by the council, the future use of the Library Lot could emerge from a process to be led by the DDA. The council required lengthy deliberations before narrowly approving an amendment that reduced the area of focus for the DDA-led process. The amendment limited the area to the square bounded by Ashley, Division, Liberty and William streets, which would include the Library Lot on South Fifth Avenue, the Kline Lot on Ashley, the old YMCA Lot at Fifth and William, and the Palio Lot at Main and William.

The resolution on the DDA-led process is part of a broader ongoing negotiation between the city and the DDA, related to the contract under which the DDA operates the city’s public parking system. That contract is being renegotiated, and since January, the city has not budged from its position that the DDA should pay the city a percentage-of-gross parking revenue of 16% in the contract’s first two years and 17.5% in years thereafter. It appears that the DDA board is gradually conceding to the city’s bargaining position. That will become clearer at the DDA board meeting on Wednesday, April 6.

The city’s negotiating position is based in part on the idea that the DDA is, as mayor John Hieftje has described it, “an arm of the city.” Hieftje’s view of the DDA as part of the city was further accentuated on Monday, when he announced at the end of the council’s meeting that he would be inviting the DDA to move its offices into newly-renovated space in the city hall building. The DDA currently leases space about a block south of city hall.

Also a part of Monday’s downtown-themed meeting was initial approval the council gave to a revision to the city’s ordinance on panhandling. That ordinance revision – which added some areas where panhandling is prohibited – will require a second reading and a public hearing in front of the council before it can be enacted.

An additional part of the downtown discussion came at the start of the council’s meeting, with a presentation on work being done to plan and study the 415 W. Washington parcel for future use as a center for artists and as a greenway park.

In non-downtown business, the council accepted a series of easements that will set the stage for TIGER II grant funds – already awarded by the federal government – to be formally obligated to the city. At stake is $13.1 million, which is currently still part of a continuing resolution for the federal budget. But that continuing resolution expires April 8, so the council was acting with some urgency.

The council also gave necessary approvals for a bus pullout to be constructed on Washtenaw Avenue, and authorized emergency purchase orders for furniture. And the council heard a presentation from Andrew Brix, the city’s energy programs manager, about efforts to increase the percentage of renewable energy that the city uses. [Full Story]

Ann Arbor Gives Initial OK to Pot Licenses

Ann Arbor city council meeting (March 21, 2011): In its highest profile business of the evening, the council finally gave its initial approval to a licensing plan for medical marijuana businesses.

Susan Pollay, Sandi Smith, Margie Teall

Susan Pollay, left, executive director of the Ann Arbor Downtown Development Authority, with councilmembers Sandi Smith (Ward 1) and Margie Teall (Ward 4, sitting) before the start of the March 21 council meeting. Pollay was distributing copies of the downtown street outreach task force report. (Photos by the writer.)

The council has now been formally considering the new licensing ordinance for three months. The ordinance will next come before the council at its Tuesday, April 19 meeting for final approval. Also on April 19, the council will take a final vote on a zoning ordinance that would apply to medical marijuana businesses. The moratorium on use of property in the city for medical marijuana businesses – originally enacted on Aug. 5, 2010 to last for 120 days, but subsequently extended – was extended again at Monday’s meeting through June 30, 2011. [.pdf of medical marijuana licensing ordinance as amended on March 21, 2011]

In a lower-profile but logistically significant move, the council voted to move its second meeting of April from Monday to Tuesday, April 19, because sundown on that Monday marks the start of the week-long Passover celebration in the Jewish tradition.

Other business conducted by the council included: (1) approving a recommendation for non-renewal of a liquor license for the Fifth Quarter; (2) authorizing transfer of $90,000 to the Ann Arbor Downtown Development Authority to improve a public plaza near the Forest Street parking structure; (3) setting a public hearing to establish an industrial development district that could lead to tax abatements for the firm Sakti3; (4) authorizing a letter of support for a Washtenaw County grant application to the state for acquisition of a natural area; and (5) authorizing the city’s own application to the state for grants to support park improvement projects and a new skatepark.

Council deliberations on the park improvement grant applications resulted in the prioritization of a grant to support construction of the skatepark over one to support improvements to the Gallup park canoe livery. The city hopes both grants will be approved by the state.

The council also heard a presentation on a plan for the Millers Creek area, and later in its meeting adopted the plan. It could eventually lead to establishing the creekshed formally as a “drain,” in the sense that the county water resources commissioner (formerly the drain commissioner) uses the term. That designation will increase the area’s eligibility for various funding mechanisms to pay for projects there.

The council heard a presentation from its street outreach task force, summarizing its work over the last six months. That work includes a proposed revision to the city’s panhandling ordinance, which the council will begin considering at its April 4 meeting.

The council also passed a resolution establishing a search committee for a new city administrator. The committee will bring a recommendation to the council at its April 19 meeting on an interim administrator, who will assume responsibilities when current city administrator Roger Fraser departs at the end of April.

The city’s IT director, Dan Rainey, was on hand to receive a Digital Cities award recognizing the city’s efforts to improve services through digital technology. Fraser mentioned during his communications time that the council’s meetings are now being streamed live over the Internet: CTN Channel 16 Live. [Full Story]

Lutz Rides Current Motor’s Potential

Editor’s note: The Chronicle first wrote about Current Motor back in April 2009.

On the second day of the recent press preview at the 2011 North American International Auto Show in Detroit, a group of Ann Arborites gathered around a sleek-looking, gleaming blue electric scooter and exchanged banter.

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Bob Lutz, an investor in Ann Arbor-based Current Electric, plans to take one to the firm's electric scooters on the road when "the snow is off the highway." (Photos by the writer.)

“So, Bob,” says Erik Kauppi, founder and chief engineer of Current Motor, the maker of the scooter. “Are we going to see you tooling around Ann Arbor’s streets on one of these things soon?”

“Bob” is Bob Lutz, the father of the electric Chevy Volt, the sexiest young thing at the auto show – on four wheels, that is. “As soon as the snow is off the highway, I’ll stop by with my checkbook,” Lutz says.

Lutz is now retired from GM, but is far from quitting his advocacy of electric vehicles. He opened up his checkbook last year to Current Motor, becoming an investor in, and adviser to, the company. Just how much did he invest?

“It’s enough to demonstrate a solid interest and small enough so that if this fails I won’t be terribly distressed about it,” Lutz says. “That’s the way I like to invest.” But, he says, the leadership at Current is going about it the right way, so he is confident in their success. [Full Story]

No Secret: Sakti3 Wants Its Batteries in Cars

University of Michigan engineering professor Ann Marie Sastry – CEO and co-founder of a hot, new automotive battery development company – sits shivering in her overcoat in the cold Cobo basement at the Detroit auto show.

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Ann Marie Sastry, CEO and co-founder of Sakti3, at her company's booth at the Detroit auto show. (Photo by the writer.)

But Sastry and her company, Ann Arbor-based Sakti3, is far from “out in the cold.” They are in the auto business for the long haul and do not plan on being relegated to a basement booth forever. Eventually, if all goes well, her company’s battery technology will be powering the cars upstairs on the main show floor’s Electric Avenue.

What is it about the “Eureka moment” in her UM lab that prompted her to help found a company two years ago? What is it that turned the heads and opened the wallets of the Michigan Economic Development Corp. and cleantech venture capitalist Vinod Khosla, who chipped in $2 million out the gate? What exactly is her company’s battery technology? [Full Story]