NOTICE OF REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC)  5:30 P.M., Tuesday, January 23, 2024 CANTON CITY HALL 201 N. BUFFALO STREET, CANTON, TEXAS  The Board of Directors of the Canton Economic Development Corporation (CEDC) attended a regular meeting at the above-mentioned date and time. CEDC Board members present included: President Kevin L. Deibert, Thomas Beckham, Justin Richards, John McKeehan, John Cheyenne Behrend, and ex officio Lonny Cluck. Staff attending was Executive CEDC Director Stacy Crossley, Assistant CEDC Director Shelley Newton, Marketing Coordinator Austin Melton, and City Director of Operations Peter Lamont. The board members not in attendance were 1st  Vice Chair DeAnne Callan and Corley Ragle.  Minutes  1. Call to Order and Announce a Quorum - Kevin L. Diebert opened the meeting at  5:30pm  2. Invocation - Given by Kevin L. Diebert 3. Pledge of Allegiance - Lead by Kevin L. Diebert 4. Declarations Regarding Conflicts of Interest - None  5. Public Comments - None  CONSENT AGENDA  6. Consider Action Regarding Minutes of December 20, 2023 7. Consider Action Regarding December 2023 Financial Statement Thomas Beckham made a motion to approve the Consent. Agenda as stated. Justin Richards seconded the motion, all voted in favor and the motion passed.  ITEMS FOR INDIVIDUAL CONSIDERATION  8. Discuss and Consider the removal of City Secretary as an authorized signer on all Canton Economic Development Corporation and Canton Visitors Bureau Bank John Cheyenne Behrend made a motion to approve removal of City Secretary as an authorized signer on all Canton Economic Development Corporation and Canton Visitors Bureau Bank. Accounts. Justin Richards seconded the motion, all voted in 9. Discuss and Consider Adoption of Resolution No. 2024-01 Designating Authorizing Assistant City Manager Steven P Ruppenthal as a Signer on all Canton Economic Justin Richard made a motion to approve Resolution No. 2024-01 Designating Authorizing Assistant City Manager Steven P Ruppenthal as a Signer on all Canton  Accounts  favor and the motion passed.  Development and Canton Visitors Bureau Bank Accounts    Economic Development and Canton Visitors Bureau Bank Accounts. Thomas Beckham seconded the motion, all voted in favor and the motion passed. 10. Discuss an Economic Development Agreement with Native Son Family Restaurant,  LLC  11. Discuss and Consider Ideas for Wayfinding Signage for Downtown  John McKeehan entered the meeting at 5:45 pm  12. Public Hearing and Consider Awarding Contract for Hotel Feasibility Study Open 6.17, pm Public comments None Closed 6:18 pm  Motion to approve. Awarding Contract to Grey Hospitality for Hotel Feasibility Study made by Thomas Beckham. John McKeehan seconded the motion, all voted in  favor, and the motion passed unanimously.  13. Updates and Community Announcements - Lonny Cluck  14. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action  Related Thereto - Austin Melton A. Marketing Report B. First Monday Update C. Special Events Update  15. Canton Main Street Reports and Consider Any Action Related Thereto = Shelley  Newton  A. Downtown Projects: B. Downtown Business Development Activity: C. Downtown Events & Marketing  16. Executive Director's Report and Consider Any Action Related Thereto - Stacy  Crossley  A. CEDC Projects/Parthership Update B. CEDC Business/Administration C. Local Development Activity D. Community Event Announcements  When necessary and warranted, a closed or executive session will follow pursuant to the provision of the Texas Open Meetings Act, Chapter 551 of the Texas 17. Executive Session: The board entered closed executive session at 6:30 pm  Government Code, Section 551.087, 551.072,  A. 551.087 - to deliberate commercial or financial information the CEDC has received from a business prospect, and to deliberate the offer of a financial or other incentive to business prospects, including Native Son, and retention, expansion and recruitment of commercial, industrial, retail, hospitality, sports, B. 551.072-tod deliberate the purchase, exchange, lease, or value of real property. 18. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session - The Board returned to regular session at 6:44 pm. No action taken.  and family entertainment prospects,    19. Public Hearing and Consider Adoption of Resolution No. 2024-03 Authorizing the execution of a real estate sales contract and closing documents for the acquisition of approximately 85.889 +/- acre tract of land situated in Q.C. Nugent survey, A-618, Motion to approve Adoption of Resolution No. 2024-03 Authorizing the execution of areal estate sales contract and closing documents for the acquisition of approximately 85.889 +/- acre tract of land situated in Q.C. Nugent survey, A-618, City of Canton, Van Zandt County Texas made by John McKeehan. Justin Richards seconded the motion, all voted in favor, and the motion passed unanimously.  City of Canton, Van Zandt County Texas  Open 7:13 pm Public comments None Closed 7:13 pm  20. Items for Future Agenda-  21. Adjourn - The meeting was adjourned at 7:14 pm upon motion made by John McKeehan. The Motion was seconded by. John Cheyenne Behrend, all voted in favor  and the motion passed unanimously.  KEVIN L. DEIBERT, PRESIDENT  ATTEST:  helleu Meutu SHELLEY NEWTON, SECRETARY