NOTICE OF REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC)  5:30 P.M., Tuesday, August 22, 2023 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: 1st' Vice Chair DeAnne Callan, Corley Ragle, Thomas Beckham, John Cheyenne Behrend, John McKeehan, and ex officio Lonny Cluck. Not in attendance were President Kevin L. Deibert and Justin Richard. CEDC Staff attending was Executive CEDC Director Stacy Crossley, Assistant Director Shelley Newton and Marketing Coordinator Austin Melton, Canton  Director of Operations Peter Lamont.  Minutes  1. Call to Order and Announce a Quorum - DeAnne Callan opened the meeting at 5:33  pm.  2. Invocation - Given by John Cheyenne Behrend 3. Pledge of Allegiance - Lead by DeAnne Callan 4. Declarations Regarding Conflicts of Interest - None  5. Public Comments - None  CONSENT AGENDA  6. Consider Action Regarding Minutes of July 25, 2023 7. Consider Action Regarding July 2023 Financial Statement  8. Consider Action Approving Shelley Newton as an authorized person to pick up or drop off night deposit bags for CEDC, CVB and Main Street accounts at City Corley Ragle made a motion to approve the Consent Agenda as stated. Thomas Beckham seconded the motion, all voted in favor and the motion passed.  National Bank, Canton Texas  ITEMS FOR INDIVIDUAL CONSIDERATION  9. Presentation of FY 2024 Proposed Budget Ex officio Lonny Cluck entered meeting at 5:48 pm  10. Public Hearing and Consider Adoption of Resolution No. 2023-05 Adopting the Canton Economic Development Corporation Budgets for fiscal year beginning October 1, 2023, and ending September 30, 2024. - Public hearing was opened at 5:55pm with no Comments made and the hearing was closed at 5:55pm. John Cheyenne Behrend made a motion to approve Resolution No. 2023-05. Adopting the Canton Economic Development Corporation Budgets for fiscal year beginning October 1, 2023, and ending September 30, 2024. Thomas Beckham seconded the  motion, all voted in favor and the motion passed.    11. Public Hearing and Consider Adoption of Resolution No. 2023-06 Approving and Authorizing the execution of a real estate sales contract with The Great Commission Foundations and any and all closing document necessary for the sale and conveyance of an approximately 2.00 - acres tract of land located in the Q.C. Nugent Survey Abstract NO. 678, City of Canton, Van Zandt County, Texas; Providing a Severability Clause, and Providing for an Immediate Effective Date. = Stacy Crossley corrected the. Abstract from NO 678 toNO 618. Public hearing was opened at 5:57pm with no Comments made and the hearing was closed at 5:57pm. Corley Ragle made a motion to approve Resolution No. 2023-06 Approving and Authorizing the execution of a real estate sales contract with The Great Commission Foundations and any and all closing document necessary for the sale and conveyance ofan approximately 2.00 = acres tract of land located in the Q. C. Nugent Survey Abstract NO. 618, City of Canton, Van Zandt County, Texas; Providing a Severability Clause, and Providing for an Immediate Effective Date. John McKeenhan seconded the motion, all voted in favor and the motion passed. 12. Public Hearing and Consider Adoption of Resolution No. 2023-07 Approving and Authorizing a Chapter 380 Economic Development Program Agreement and Performance Agreement by and between the City of Canton, the Canton Economic Development Corporation and HBIC, LLC. - Contract was not ready, and the agenda item will be brought back to board when ready, no action was taken. 13. Public Hearing and Consider Adoption of Resolution No. 2023-03 Approving and Authorizing the execution of a real estate sales contract with Gyp Country Holdings LLC, and any and all closing document necessary for the sale and conveyance of an approximately 8.031- acre tract of land located within the James Douthit Survey Abstract NO. 198, City of Canton, Van Zandt County, Texas, providing a severability clause; and providing for an immediate effective date. - Not ready to bring it to  CEDC Board, no action was taken.  14. Updates and Community Announcements - Peter Lamont  15. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action  Related Thereto - Austin Melton A. Marking Report B. First Monday Update C. Special Events Update  16. Canton Main Street Reports and Consider Any Action Related Thereto - Shelley  Newton  A. Downtown Projects: B. Downtown Business Development Activity: C.D Downtown Events & Marketing  17. Executive Director's Report and Consider Any Action Related Thereto - Stacy  Crossley  A. CEDC Projects /Partnership Update B. CEDC Business s/Administration    C. Local Development Activity  COs Under Review:  1435 S Buffalo- Mineola Community Bank 237 S Trade Days Blvd- East Texas Pickins 931 VZCR 2106- Olveras Mexican Imports 159 WI Dallas- Muddy Paws Mudroom 898 WI Dallas- Prosperity Bank progressing 17434 I-20- Storage facility progressing 312 Burnett Trail- Phase 2 progressing 150 Terrell- Demoing building and slabs  Commercial Projects active:  Residential Projects: @Burnett Trail  DR Horton is preparing to submit Building Permits within Creeks  D. Community Event Announcements  150 Years of First Monday Celebration  Community Health Fair Sept 23rd @Crossroads Church  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 18. Executive Session: The board entered closed executive session at 6:11 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 HBIC LLC/Bluegrass Development Project, and retention, expansion and recruitment of commercial, industrial, retail, hospitality, sports, and family entertainment prospects B. 551.072-to deliberate the purchase, exchange, lease, or value ofr real property. 19. Return to Open Session and Consider. Action, if any, on Items Discussed in Executive Session - The Board returned to regular session at 6:43 pm with no action taken 20. Items for Future Agenda --Next monthly board meeting September 26th 21. Adjourn - The meeting was adjourned at 6:44 pm upon motion made by John McKeehan. The Motion was seconded by Corley Ragle, all voted in favor and the  motion passed unanimously.  L.6S6  KEVINL L. DEIBERT, PRESIDENT  ES  SMerAt SHELLEY NEWTON, SECRETARY