REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, MARCH 22, 2022 CANTON CITY HALL, COUNCIL ROOM 201 N. BUFFALO STREET, CANTON, TEXAS MINUTES 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 Deibert, 1stVice President Rhita Koches, Gary Hatfield, Gary Hatfield, Corley Ragle, DeAnne Callan and ex-officio Lonny Cluck. Also in attendance were new board members Thomas Beckham and Justin Richards. Not in attendance were 2nd Vice President Joe Zoubi, Larry Morgan, ex-officio member Lou Ann Everett. CEDC Staff attending was Executive Director Stacy Crossley Marketing Coordinator Austin Melton and Director of Operations Peter Lamont. 1. Call to Order and Announce a Quorum - President Kevin Deibert called the meeting too order and announced a quorum present at 5:32 pm 2. Invocation -Given by Rhita Koches 3. Pledge of Allegiance - Given by Kevin Deibert 4. Outgoing Board Member Presentation = Stacy Crossley presented outgoing board 5. Administer Oath of Office and Statement of Appointed Officer to Newly Appointed Board Members - Stacy Crossley administer the Oat of office to the newly appointed members Rhita Koches and Gary Hatfield a plaque or appreciation board members Thomas Beckham and Justin Richard 6. Declarations Regarding Conflicts of Interest - DeAnne Callan 7. Public Comments - None 8. Consider Action Regarding Minutes of February 22, 2022, Meeting - Gary Hatfield made a motion to approve the February 22 meeting minutes as presented Rhita Koches seconded the motion. All voted in favor and the motion passed. Corley Ragle entered meeting at 5:35 pm 9. Consider Action Regarding February 2022 Financial Statements - Rhtia Koches made a motion to approve the February 2022 financials as presented. Corley Ragle seconded the motion, and all voted in favor and the motion passed 10. Discuss and Consider CEDC Policy Regarding Post Completion of Applicant Projects who Submit CEDC Incentive Grant Applications - The board discussed the need to look at each application as they apply and try to stay within a 30 day completion date of project. 11. Discuss and Consider approval for the Adopt-A-Block program through the Main Street Program - Corley Ragle made a motion to approve the. Adopt-A-Block program and Justin Richard seconded and all voted in favor and the motion passed. 12. Updates and Community Announcements - Lonny Cluck report to the board an update on the Plaza Theater and that the City Council voted to take down the building 13. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton reported to the board that marketing funds reached almost 1 million people, the website traffic up 35% compared to last year. 14. Canton Main Street Reports and Consider Any Action Related Thereto - Stacy but discussed keeping the façade and marquee. Crossley reported to the board the following: A Downtown Projects include the courthouse cutting down 4 trees, and the main street working on new banners, and the need for 2 new trees to replace the B. Main Street Events included the March 19 Dinner on Main Street, and it was a success making over $2300, the Farmers Market will open on April 23rd C. Downtown Business Development Activity include the reopening of Axe and Arrow in the same location next month and that Expression MedSpa's dead trees on the new sidewalk on Buffalo St. and now has a new manager to help run the market. application for a COA for their sign was denied. Crossley reported to the boar on the following: 15. Executive Director's Report and Consider Any Action Related Thereto - Stacy A. CEDC Projects working on now are incentive grant report that are due for Applebee's, C-Store, Sentinel Garden. The ACT work Ready Community program willl have a meeting to discuss, and itw willl be a 2-day certification course. The main project is moving our office, finding storage, and getting new phones. The Rent subsidy program was discussed and adding the need to have the businesses who receive the grant to be open on First Monday weekends get some feed back from the business after a year and see how it is working. B. CEDC Business / Administration, currently we have 2 applications that are coming in for a second interview this week. the Chamber banquet is April 22, and we need to know who is coming from the board SO we can get tickets. 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 Government Code, Sections 551.071 and 551.087. Executive Session: The Board entered in to executive session at 6:38 pm A. Section 551.071 -1 to receive legal advice from CEDC attorney B. Section 551.087 -1 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 Bluegreen Development, East Rising LLC, Stacy Alexander downtown building renovation projects, and retention, expansion, and recruitment of commercial, industrial, retail, hospitality, sports, and family 16. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session - The board returned to open session at 7:06 pm. Kevin Deibert made a entertainment prospects. motion to send East Rising LLC a letter as discussed, and Corley Ragle seconded the 17. Items for Future Agendas - Stacy Crossley reported that the board will have elections 18. Adjourn - The meeting was adjourned at 7:09 p.m. upon motion by DeAnne Callan motion with all voting in favor and the motion passed. for officers at the next meeting. and second by Corley Ragle. - - MEVDEBEKT,PRESDENT ATEETD STACY CAEYEOAIDARCREARE