REGULAR MEETING OF BOARD OF DIRECTORS OF CANTON ECONOMIC DEVELOPMENT CORPORATION (CEDC) 5:30 P.M., TUESDAY, APRIL 26, 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, 2nd Vice Chair Joe Zoubi, DeAnne Callan, Justin Richard, Thomas Beckham, Larry Morgan and ex-officio Lonny Cluck. Not in attendance was Corley Ragle, 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  to order and announced a quorum present at 5:31 pm  2. Invocation = Given by Kevin Deibert 3. Pledge of Allegiance - Lead by Kevin Deibert  4. Administer Oath of Office and Statement of Appointed Officer to RE-Appointed Board Member - Stacy Crossley administered the Oath of office to Larry Morgan. 5. Declarations Regarding Conflicts of Interest - DeAnne Callan willl be excusing herself  from Item number 10, awarding bank depository contract.  6. Public Comments - None  7. Consider Action Regarding Minutes of March 22, 2022, Meeting- Kevin Deibert agreed to consider actions for minutes and financials as a consent agenda for this meeting and for future meetings. The board expressed was in favor of the change. 8. Consider Action Regarding March 2022 Financial Statements - DeAnne Callan made a motion to approve the Consent Agenda that include March 22, 2022 meeting minutes and the February 2022 financials as presented. Justin Richard seconded 9. Presentation and Consider Acceptance of Financial Audit for Fiscal Year Ending September 30, 2021 - Louis Breedlove presented the summary results for the 2021 FY audit via Zoom. The CEDC received the highest unmodified opinion available which included increased investment suggestions for tax revenue due to the negative impact COVID-19 had on the local economy. The audit report also included that sales tax and events revenue has increased and there has been an increase in activity for the Canton Visitor Center and economic development while Main Street remained fairly consistent. Profits were recorded for the Canton Economic Development Corporation, Visitors Bureau and Main Street. Recommended journal entries were reviewed but no internal control weaknesses were noted. Overall, the report indicated a glowing review of the Canton Economic Development Corporation.  the motion, and all voted in favor and the motion passed.    Justin Richard made a motion to accept the audit as presented. Larry Morgan seconded the motion, all voted in favor and the motion passed. 10. Discuss and Consider Awarding Bank Depository Contract - Proposals for four new bank depository options were reviewed and discussed. A motion was made by Joe Zoubi to renew the bank depository contract with City National Bank and keep Texas Bank and Trust for the money market accounts. Thomas Beckham seconded the motion, all voted in favor and the motion passed. Due to a conflict of interest, Deanne Callan left the meeting at 5:46pm while the vote was held and reentered at 11. Election of Board Officers - Kevin Deibert asked for recommendations. Stacy Crossley informed the Board that Joe Zoubi would be stepping down from the Executive Board. DeAnne Callan Nominated Kevin Deibert to continue as President. Kevin Deibert Nominated DeAnne Callan for 1st Vice President and Corley Ragle as 2nd Vice President. - Justin Richard made a motion to appoint Kevin Deibert as President, DeAnne Callan as 1st Vice President and Corley Ragle as 2nd Vice President. Joe Zoubi Seconded the motion, all voted in favor and the motion passed. 12. Consider Adoption of Resolution No. 2022-02 Designating Authorized Signers on all Canton Economic Development Corporation and Canton Visitors Bureau Bank Accounts - Deanne Callan made a motion to Adopt Resolution No. 2022-02 Designating Authorized Signers on all Canton Economic Development Corporation and Canton Visitors Bureau Bank Accounts to include the removal of Rhita Koches and Joe Zoubi as signers on the accounts. Thomas Beckham seconded the motion, all voted in favor and the motion passed. - Justin Richard made a motion to Adopt Resolution No. 2022-02 Designating Authorized Signers on all Canton Economic Development Corporation and Canton Visitors Bureau Bank Accounts that will add DeAnne Callan and Corley Ragle as new signers on the accounts. Justin Richard 13. Presentation from East Texas Council of Governments Transportation Development & Compliance - Preston Garcia presented a proposal to bring GoBus, a public transportation service to Canton to alleviate some of the traffic congestion during First Monday. The cost of the transportation service would be covered through a grant and possibly the Canton Visitors Bureau. The Bus routes are proposed to include several stops through First Monday hot spots and local hotels. The proposal will be brought before City Council at the next meeting to discuss the next steps. The 14. Presentation and Discussion from CJ See Regarding Proposed Amendment to Current Performance Agreement with CEDC and City of Canton. - CJ See with HBIC joined the meeting through Zoom to relay that she is waiting on a meeting with TXDOT to receive numbers for the frontage road portion of the project. CJ See will report back after the meeting to update the Board. Ifall goes well the CEDC will likely need to schedule a special meeting to discuss the performance agreement 15. Public Hearing and Consider Adoption of Resolution No. 2022-03 approving and authorizing a Performance Agreement with Stacey Alexander - DeAnne Callan  5:47pm after it was completed.  seconded the motion, all voted in favor and the motion passed.  board was very receptive to the presentation.  further. The board agreed to hold a special meeting if needed.    made a motion to Adopt Resolution No. 2022-03 approving and authorizing a Performance Agreement with Stacey Alexander, Joe Zoubi seconded the motion, all 16. Updates and Community Announcements - Lonny Cluck discussed the Pecan Street repairs, water line work progress, repairs to the accident damage on Hwy 64, the continued efforts to clean out the Plaza building, a contract that was completed for repairs to the old water tower, a grant the city is working to obtain for new restroom facilities and a boat ramp out at Mill Creek Reservoir and an 18 month deal to create a new comprenensive plan for the City of Canton which will be reviewed and voted on 17. Canton Visitors Bureau and First Monday Marketing Report and Consider Any Action Related Thereto - Austin Melton reported that the Facebook page has almost 175,000 followers and Instagram is up to 262,000 followers. The website page is up but needs more content other than food. The CVB is working to put together new merchandise options that can be provided to and sold at local etalerslbusinesses. 18. Canton Main Street Reports and Consider Any Action Related Thereto - Stacy  voted in favor and the motion passed.  at the next City Council meeting.  Crossley A  Stacy reported on current downtown projects such as the new light pole banners, sidewalk trees, plans for Christmas decor and a visit from Jamie B. Main Street Events in process are the Adopt-A-Block program and the C. Downtown business development activity includes the Paper Craft Village and Axe and Arrow opening this month. There will also be a new retail tenant D. The denial for a Certificate of Appropriateness for an internally lit sign at Expression Medspa was upheld following the tenant's appeal at the City Council  Crawley from the Texas Historical Commission.  Farmers Market.  coming in that will sell men and woman's clothing.  meeting on 4-19-22.  19. Executive Director's Report and Consider Any Action Related Thereto = Stacy A. CEDC Projects include Mitchell Kauffman waiting on an appraisal of 32 acres B. CEDC Business/Adminstration has hired a new Main Street Manager. Megan Mitchell will start on May 16, 2022. Work continues on relocating the storage items in the Plaza. 2 storage sheds may be needed to store the Main Street items as well as items for the farmers market. The Leadership Van Zandt Class 4 was held on May 14th. The C. Local Development Activity included the final CO for Burnett Trail Apartments, Axe and Arrow, Days Inn and permits for Mill Creek Ranch for their roadway D. Community Event Announcements included the Kids Fish Day on May 14th. 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  Crossley  behind the Burnett Trail Apartments.  primary topic was effective board leadership. improvements and remodel of the lodge.  Government Code, Sections 551.087.    Executive Session: The board entered into executive session at 7:20pm 20.A. 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, retention, expansion, and recruitment of commercial, industrial, retail, hospitality, sports, and 21. Return to Open Session and Consider Action, if any, on Items Discussed in Executive Session - The board returned to open session at 7:22 pm with no actions taken. 22. Items for Future Agendas - discussed were the next CEDC board meeting on May 23. Adjourn - Justin Richard made a motion to adjourn at 7:22pm. DeAnne Callan  family entertainment prospects.  24th and possible budget amendments.  seconded the motion, all voted in favor and the motion passed.  -  KEVIN DEIBERT, PRESIDENT  plL